Noam M. Waltuch

Sidley represented Jefferies Finance LLC, as borrower and issuer, in its US$1.95 billion bank/bond financing, consisting of a US$950 million senior secured term loan facility and US$500 million priority secured revolving facility, and US$500 million high-yield offering of 6.625% Senior Secured Notes due 2031. The Sidley deal team was led by Joshua Thompson and Kelechi Adibe (Global Finance) and Johnny Skumpija and David Ni (Capital Markets), and included Daniel Philion, Hiroko Ito, D.J. Hill, and Bill Turnbull (Global Finance); Todd Gilbert, Kostian Ciko, Jessica Li, and Jennifer Lin (Capital Markets); as well as Christian Brause, Andy Lau, John Schaff, and Noam Waltuch (Tax); Nathan Greene and John Ekblad (Investment Funds); Christian Pilhofer and Paige Garcia (Employee Benefits and Executive Compensation); and Stephen McInerney and Colleen Brown (Privacy and Cybersecurity).~~Sidley represented Jefferies Finance LLC, as borrower and issuer, in its US$1.95 billion bank/bond financing, consisting of a US$950 million senior secured term loan facility and US$500 million priority secured revolving facility, and US$500 million high-yield offering of 6.625% Senior Secured Notes due 2031. The Sidley deal team was led by Joshua Thompson and Kelechi Adibe (Global Finance) and Johnny Skumpija and David Ni (Capital Markets), and included Daniel Philion, Hiroko Ito, D.J. Hill, and Bill Turnbull (Global Finance); Todd Gilbert, Kostian Ciko, Jessica Li, and Jennifer Lin (Capital Markets); as well as Christian Brause, Andy Lau, John Schaff, and Noam Waltuch (Tax); Nathan Greene and John Ekblad (Investment Funds); Christian Pilhofer and Paige Garcia (Employee Benefits and Executive Compensation); and Stephen McInerney and Colleen Brown (Privacy and Cybersecurity).

Oct 29

1 min

Sidley advised Orion Resource Partners, as part of a consortium, in the US$11.8 million Series Seed financing round of SiTration, Inc., a materials recovery company serving the mining and metals industries. The round was led by 2150, with participation from BHP Ventures and Extantia. Previous investors Azolla Ventures and MIT-affiliated E14 Fund also participated in the oversubscribed round. The Sidley team was led by Dr. Idan Netser (Emerging Companies and Venture Capital, Tax) and Noam M. Waltuch (Tax), also included Jake Funk (Emerging Companies and Venture Capital). View SiTration, Inc.’s press release here.~~Sidley advised Orion Resource Partners, as part of a consortium, in the US$11.8 million Series Seed financing round of SiTration, Inc., a materials recovery company serving the mining and metals industries. The round was led by 2150, with participation from BHP Ventures and Extantia. Previous investors Azolla Ventures and MIT-affiliated E14 Fund also participated in the oversubscribed round. The Sidley team was led by Dr. Idan Netser (Emerging Companies and Venture Capital, Tax) and Noam M. Waltuch (Tax), also included Jake Funk (Emerging Companies and Venture Capital). View SiTration, Inc.’s press release here.

Aug 23

1 min

Sidley represented HarbourVest Partners, a leading global private markets firm, in its lead investment in a US$1.2 billion single-asset continuation vehicle sponsored by Vestar Capital Partners for its stake in Circana, a global information services provider to the consumer and retail ecosystem. Blackstone Strategic Partners acted as co-lead investor in the transaction. The Sidley team was led by Nicholas Cassin (Investment Funds) and included Chaim Theil (M&A); Noam Waltuch and Andy Lau (Tax); Robert Ryan (Capital Markets); Beth Dickstein (ERISA); and law clerk Erik Dupire-Nelson (Investment Funds).~~Sidley represented HarbourVest Partners, a leading global private markets firm, in its lead investment in a US$1.2 billion single-asset continuation vehicle sponsored by Vestar Capital Partners for its stake in Circana, a global information services provider to the consumer and retail ecosystem. Blackstone Strategic Partners acted as co-lead investor in the transaction. The Sidley team was led by Nicholas Cassin (Investment Funds) and included Chaim Theil (M&A); Noam Waltuch and Andy Lau (Tax); Robert Ryan (Capital Markets); Beth Dickstein (ERISA); and law clerk Erik Dupire-Nelson (Investment Funds).

Apr 23

1 min

Sidley represented Orion Resource Partners LP (“Orion”) in connection with the formation of the Orion Critical Mineral Consortium (“Orion CMC”), a mission-driven investment platform designed to support the United States, its allied and partner nations in developing secure, responsible, and resilient critical mineral supply chains underpinning future economic growth and national security. Orion CMC was established with an initial capital commitment of US$1.8 billion through a partnership between Orion, the U.S. International Development Finance Corporation (“DFC”), and a global sovereign investor focused on critical infrastructure and global supply chains. The consortium will bring together leading metals and mining investors and operators to invest in and develop critical minerals assets, prioritize near-term producing projects, and build diversified supply chains that address demand from advanced manufacturing, data centers, artificial intelligence, and other strategic sectors. This is a first-of-its-kind debt and equity platform transaction with the U.S. government. The Sidley team was led by Jennifer A. Spiegel, Joshua W. Thompson and Noam M. Waltuch, and included Ellen Murphy (Investment Funds); Ashtyn M. Hemendinger and Bill Turnbull III (Global Finance); and Christian D. Barraza (Tax). Read DFC’s press release here.

Feb 27

1 min

Sidley is representing Rigel Resource Acquisition Corp, a blank check company sponsored by a fund managed by Orion Resource Partners, one of the world’s foremost, mining-focused alternative investment firms, in its US$362 million business combination agreement with Aurous, a cash-generating South African gold mining company operating the Blyvoor Mine on Johannesburg’s West Rand. Upon completion of the proposed combination, Aurous will become a publicly traded group and ultimately be listed on NASDAQ. The Sidley team is being led by Joshua G. DuClos (M&A and Private Equity), George Vlahakos (Energy and Infrastructure), Zachary Shub-Essig (M&A and Private Equity), and John W. Stribling (Energy and Infrastructure), and includes Nick DeAngelis, Robert C. Uhl, and Jihyun (Jamie) Yoon (M&A and Private Equity); Tanner L. Groce, Alan Williams, Walter M. Deere, and Caroline E. Abbott (Energy and Infrastructure); Noam M. Waltuch, Angela T. Richards, and Jonathan M. Westreich (Tax); James W. Lowe and Ken Daly (Antitrust and Competition); Stacy Crosnicker and Gregory C. Matisoff (Employee Benefits and Executive Compensation); Heather M. Palmer and Greta T. Carlson (Environmental); David P. Kreisler (Investment Funds); Cathryn Le Regulski (Labor and Employment); Dina M.P. Kang (Technology and Life Sciences); and Craig Francis Dukin (White Collar: Government Litigation and Investigations).~~Sidley is representing Rigel Resource Acquisition Corp, a blank check company sponsored by a fund managed by Orion Resource Partners, one of the world’s foremost, mining-focused alternative investment firms, in its US$362 million business combination agreement with Aurous, a cash-generating South African gold mining company operating the Blyvoor Mine on Johannesburg’s West Rand. Upon completion of the proposed combination, Aurous will become a publicly traded group and ultimately be listed on NASDAQ. The Sidley team is being led by Joshua G. DuClos (M&A and Private Equity), George Vlahakos (Energy and Infrastructure), Zachary Shub-Essig (M&A and Private Equity), and John W. Stribling (Energy and Infrastructure), and includes Nick DeAngelis, Robert C. Uhl, and Jihyun (Jamie) Yoon (M&A and Private Equity); Tanner L. Groce, Alan Williams, Walter M. Deere, and Caroline E. Abbott (Energy and Infrastructure); Noam M. Waltuch, Angela T. Richards, and Jonathan M. Westreich (Tax); James W. Lowe and Ken Daly (Antitrust and Competition); Stacy Crosnicker and Gregory C. Matisoff (Employee Benefits and Executive Compensation); Heather M. Palmer and Greta T. Carlson (Environmental); David P. Kreisler (Investment Funds); Cathryn Le Regulski (Labor and Employment); Dina M.P. Kang (Technology and Life Sciences); and Craig Francis Dukin (White Collar: Government Litigation and Investigations).

Mar 11

2 min