Health Care

The Health Care Group's mission is to provide the highest quality of financial advisory, capital raising, and sales and trading services to health care companies worldwide.

The Health Care Group has extensive experience in financial advisory activities such as mergers, acquisitions, cross-border advisory, spin-offs, divestitures, and corporate sales; underwritings of equity, equity-linked, high-yield, and investment grade securities; as well as commercial banking products.

The group brings unparalleled transaction execution experience with:

• Significant M&A experience, which includes some of the largest and most innovative transactions
  
• Leading equity, debt and high yield capital raising capabilities
  
• Strong capabilities and expertise executing cross-border transactions
  

We have established a proven track record as the premier health care investment bank. Some noteworthy transactions that our Health Care Group has advised on include:

Equity

• Joint Bookrunner on Warner Chilcott's $1.1B IPO
  
• Sole Bookrunner on Medial Saude's $302.0M IPO
  
• Joint Bookrunner on Wuxi Pharmaceutical's $213.0M IPO
  
• Joint Bookrunner on Amil's $680.0M IPO
  
• Sole Bookrunner on Nanosphere's $113.0M IPO
  

Debt

• Joint Bookrunner on Community Health Systems' $3.0B Bond offering
  
• Sole Lead Arranger on GGNSC Holdings LLC's $500.0M Senior Credit Facilities and Joint Bookrunner on Geary Property Holdings LLC's $1.4B Commercial Mortgage Backed Securities
  
• Administrative Agent, Sole Bookrunner and Sole Lead Arranger on LabCorp's $1.0B Senior Credit Facilities
  
• Joint Bookrunner on Bausch and Lomb's $2.9 billion bank and bond financing
  
• Joint Bookrunner on DJ Orthopedics's $1.7 billion bank and bond financing
  

M&A

• Lead Financial Advisor to Hospital Corporation of America's Board of Directors and Special Committee on the $33.0B leveraged buyout by Bain Capital, KKR and Merrill Lynch Global Private Equity and Management
  
• Lead Financial Advisor to Community Health Plan's on their acquisition of Traid Hospitals for $6.8B
  
• Financial Advisor to The Carlyle Group on its $6.3B acquisition of Manor Care
  
• Financial Advisor to Onex on its $2.6B acquisition of Kodak Health Group
  
• Group Financial Advisor to the Independent Committee of Serono on the sale of Serono to Merck for CHF 16.6B
  
• Joint Financial Advisor to Chiron in Novartis's $5.6B acquisition of their remaining interest in Chiron
  

Recent awards

• IDD's 2006 Deal of the Year Health Care: $33B LBO of Hospital Corporation of America (HCA)
  
• IDD's 2006 Deal of the Year M&A: $33B LBO of Hospital Corporation of America (HCA)
  
• Acquisitions Monthly's 2006 Domestic Deal of the Year: Bayer AG's Euro 16.8B acquisition of Schering AG