Daniel Nam
Biography
Overview
Daniel Nam is a partner in the New York office of White & Case LLP, and a member of the Firm's Capital Markets and Debt Finance practices. Daniel's practice focuses on corporate finance transactions and general securities and corporate matters.
Daniel offers the benefit of considerable experience representing issuers, financial sponsors and investment banks in both public and private financing transactions, including both high-yield and investment grade debt, equity and equity-linked securities offerings, in a wide range of industries. He also has extensive experience representing clients in connection with bridge financing commitments, debt tender offers, exchange offers and consent solicitations. In addition, he counsels clients on general securities and corporate matters, such as ongoing disclosure obligations and corporate governance issues. Daniel also has market leading experience in the ESG space, having been the lead partner on two of the largest sustainability-linked bonds issued by non-investment grade issuers and several other ESG offerings.
In addition to his domestic practice, Daniel regularly represents the Firm's international clients in connection with financing transactions, particularly clients with substantial operations in Latin America.
Experience
Representation of Concrete Pumping Holdings, Inc. ("CPH") on the issuance of US$425 million aggregate principal amount of its 7.500% senior secured second-lien notes due 2032. The net proceeds were used to pay the redemption price for CPH's existing 6.000% senior secured second-lien notes due 2026 and to pay a special one-time dividend to CPH's shareholders.
Representation of Buckeye Partners, L.P. ("Buckeye") on the issuance of US$500 million aggregate principal amount of its 6.75% senior notes due 2030. The net proceeds were used to pay the redemption price for Buckeye's existing 4.125% notes due 2025 and partially repay Buckeye's term loan B due 2026. In addition, representation of Buckeye in connection with prior offerings in an aggregate principal amount of US$1.6 billion plus several tender offers and consent solicitations.
Representation of JBS USA Holding Lux S.à r.l., JBS USA Food Company, and JBS USA Foods Group Holdings, Inc. (collectively, "JBS") on the issuance of US$1.0 billion aggregate principal amount of JBS' 5.950% senior notes due 2035 and US$750 aggregate principal amount of JBS' 6.375% senior notes due 2055. The net proceeds were used for general corporate purposes, including repayment of existing debt. In addition, representation of JBS and its affiliates in connection with multiple prior offerings and exchange offers exceeding tens of billions in aggregate principal amount plus several exchange offers, tender offers and consent solicitations.
Representation of TD Securities (USA) LLC and the several other initial purchasers in connection with the issuance of US$400 million aggregate principal amount of 7.000% senior notes due 2031 by NOVA Chemicals Corporation. The net proceeds were used to repay NOVA Chemical's term loan.
Representation of NRG Energy, Inc. ("NRG") in connection with:
- US$2.7 billion financing, consisting of (i) US$925 million aggregate principal amount of its 6.00% senior notes due 2033, (ii) US$950 million aggregate principal amount of its 6.25% senior notes due 2034, and (iii) US$800 million exchange offer for APX Group, Inc.'s 5.75% senior notes due 2029. APX Group is a wholly-owned subsidiary of NRG that was part of its Vivint Smart Homes acquisition. The net proceeds of the offerings, along with the net proceeds from a concurrent term loan B, were used to repay existing debt of APX Group;
- the offering by Alexander Funding Trust II, a newly-formed Delaware statutory trust, of US$500 million aggregate principal amount of Pre-Capitalized Trust Securities Redeemable 2028 (the "P-Caps"). The P-Caps are a highly structured capital markets product that provides NRG with approximately US$500.0 million of letter of credit capacity; and
- (i) the offering of US$740.0 million aggregate principal amount of its 7.000% senior secured first lien notes due 2033 and US$650 million offering of shares of its 10.25% series A fixed-rate reset cumulative redeemable perpetual preferred stock, and (ii) 364-day senior secured bridge commitment in connection with NRG's acquisition of Vivint Smart Home.
Representation of JetBlue Airways Corporation ("JetBlue") in connection with its $3.2 billion financing, consisting of (i) US$2 billion aggregate principal amount of its 9.875% secured notes due 2031, (ii) a US$765 million senior secured term loan B, and (iii) US$400 million aggregate principal amount of its 2.500% convertible senior notes due 2029. Both the secured notes and term loan are secured by the loyalty assets of JetBlue Airways Corporation. These financings won "Structured Finance Deal of the Year" at Airline Economics' 2025 Aviation 100 Global Leaders Awards. In addition, representation of JetBlue in connection with its US$3.5 billion senior secured bridge loan commitment in support of its proposed acquisition of Spirit Airlines.
Representation of Newmont Corporation and Newcrest Finance PTY Limited (together, "Newmont") on the issuance of US$1 billion aggregate principal amount of their 5.30% notes due 2026 and US$1 billion aggregate principal amount of their 5.35% notes due 2034. The net proceeds were used to repay outstanding borrowings under Newmont's revolving credit facility and for general corporate purposes. In addition, representation of Newmont in connection with an exchange offer and consent solicitation for any and all of three series of notes issued by Newcrest Finance for up to US$1.65 billion aggregate principal amount of new notes issued by Newmont.
Representation of Eaton Corporation plc on the issuance of €500 million aggregate principal amount of its 3.601% notes due 2031 and €500 million aggregate principal amount of its 3.802% notes due 2036. The net proceeds were used for general corporate purposes, including repayment of existing debt.
Representation of Conuma Resources Limited on the issuance of US$250 million aggregate principal amount of its 13.125% senior secured notes due 2028 and its new revolving credit facility. The net proceeds were used to for general corporate purposes, including repayment of existing debt.
Representation of Rain Carbon Inc. ("Rain Carbon") on its issuance of US$450 million aggregate principal amount of its 12.25% senior secured notes due 2029. The net proceeds were used to pay the tender consideration for Rain Carbon's 7.250% senior secured notes due 2025.
Top Dealmaker, Capital Markets, 2025 Lawdragon Leading Dealmakers in America
Recommended Lawyer, Capital Markets, The Legal 500, 2015 Latin America