Matthew Sadofsky joined the capital markets group of Ropes & Gray in 2021. Prior to joining the firm, Matthew practiced law in the capital markets groups of other prominent New York law firms. Matthew concentrates his practice on corporate finance and capital markets transactions, including the representation of issuers and underwriters in domestic and international public offerings and private placements such as initial public offerings, follow-on and secondary equity offerings, high-yield, investment grade and convertible debt offerings, acquisition financings, debt tender offers and consent solicitations, and related private equity transactions. Most notably, Matthew has focused a substantial portion of his practice on the corporate finance and compliance of business development and other special purpose and alternative fund companies and vehicles. Additionally, Matthew advises private, emerging, and public company issuers on corporate governance matters, compliance with securities laws, stock exchange rules and general corporate matters.
Experience
- Spent six months on a client secondment providing advice and support to the direct lending/private credit business of a global private equity firm on financing transactions, securities law compliance and corporate governance.
- Represented Surgery Partners in connection with its Rule 144A/Reg S $800 million high yield senior notes offering and the redemption of two series of its outstanding senior notes.
- Represented the initial purchasers in connection with Apollo Debt Solutions BDC’s inaugural Rule 144A/Reg S $650 million senior notes offering.
- Represented the underwriters in connection with the initial public offering of 5.5 million shares of Nuveen Churchill Direct Lending Corp’s common stock.
- Represented the underwriters in connection with Trinity Capital Inc.’s public offering of 2,754,840 shares of common stock and in its $50 million tack-on registered debt offering.
- Represented Raymond James, as lead underwriter, in connection with Granite Point Mortgage Trust REIT $100 million offering of shares if its Series A Fixed to Floating Cumulative Stock.
- Represented Jefferies Inc., as sales agent, in connection with $150 million at the market (ATM) offering for Trinity Capital Inc.
- Represented the underwriters in connection with Blackstone Secured Lending Fund BDC $250 million initial public offering and subsequent follow-on equity offerings.
- Represented the sales agents in connection with the $800 million ATM offering for Blackstone Secured Lending Fund.
- Represented the initial purchasers in connection with Blackstone Secured Lending Fund offerings of $1.25 billion investment grade senior notes.
- Represented the underwriters in connection with Runway Growth Finance Corp. $110 million initial public offering.
- Represented the initial purchasers in connection with Blackstone Private Credit Fund inaugural $1.65 billion, two tranche, senior notes offering, including tack-on offering of existing senior notes.
- Represented the initial purchasers in connection with several additional Blackstone Private Credit Fund offerings of $2.5 billion in investment grade senior notes offering.
- Represented the initial purchasers in connection with Blackstone Private Credit Fund £250 million private offering, which is the inaugural British Pound offering for a BDC.
- Represented the initial purchasers in connection with Blackstone Private Credit Fund €500 million offering, which is the inaugural Eurobond offering for a BDC.
- Represented the sales agents in connection with $150 million ATM offering and the placement agent in a $100 million registered direct equity offering for Seres Therapeutics.
- Represented Verastem Inc. in connection with certain equity and debt financings, including its $100 million ATM offering.
- Represented Thrasio Holdings Inc. in connection with its exchange offer of stock options for new restricted stock units.
- Represented Spanish Broadcast System in connection with its $300 million high yield senior secured notes offering and related capital restructuring.*
- Represented the underwriters in over $2.0. billion in primary and secondary stock offerings a by Clarivate Plc and certain of its shareholders.*
- Represented the underwriters in connection with Main Street Capital BDC $500 million senior notes offering.*
- Advised a syndicate of lenders on $700 million acquisition financing of People Corporation, a Canadian public company.*
- Represented Forbes Energy Services Ltd. in connection with its rights offering of $55.0 million Subordinated Convertible PIK Notes.*
- Represented Braemar Hotels & Resorts Inc. (REIT) in connection with its public offering of Series D Cumulative Preferred Stock.*
- Represented Howard Hughes Corporation in its secondary offering of $330 million shares of common stock by Pershing Square.*
- Represented Howard Hughes Corporation in its $750 million high yield senior notes offering.*
- Represented Hydro One Inc. in its $1.8 billion initial public offering.*
- Represented Tim Hortons Inc. in its $12.5 billion sale to Burger King Worldwide Inc. *
*Experience prior to joining Ropes & Gray