FacultyFaculty/Author Profile
Laura A. Kaufmann Belkhayat

Laura A. Kaufmann Belkhayat

Skadden, Arps, Slate, Meagher & Flom LLP

New York, NY, USA


Ms. Kaufmann Belkhayat’s extensive experience includes advising on issuances of investment grade and high-yield indebtedness for both issuers and underwriters across many industries.

Ms. Kaufmann Belkhayat counsels numerous REIT clients and underwriters of REIT securities in a wide variety of transactions. Among others, she has advised the joint bookrunning managers in the $650 million IPO of Extended Stay America’s paired shares, as well as the subsequent debt and equity offerings by Extended Stay America and ESH Hospitality; and the co-lead managers in the high-yield notes offerings by Ryman Hotel Properties, LP and RHP Finance Corporation. She also has represented SL Green Realty Corp. in a number of financings, including offerings of senior notes, exchangeable notes and common and preferred stock, as well as debt tender offers and issuances of units for property acquisitions. She also advised Darden Restaurants in the separation of a portion of its real estate assets into a separate, publicly traded REIT called Four Corners Property Trust and HCP, Inc. in the separation of a portion of its real estate assets into a separate, publicly traded REIT called Quality Care Properties, Inc.

Ms. Kaufmann Belkhayat advises on M&A-related matters, including in particular on private equity financings and strategic investments and financial arrangements, including preferred stock and debt instruments. Her experience in this area has included advising Permira Funds in the equity received as part of the consideration for its $3.5 billion disposition of Arysta LifeScience and its $2.8 billion sale of its portfolio company Iglo Food Holdings. She also handles acquisition financings, including for Becton Dickinson and Company in its $12.2 billion acquisition of CareFusion Corporation, as well as its post acquisition recapitalization of CareFusion’s indebtedness; and Builders FirstSource in its acquisition of ProBuild Holdings.

Ms. Kaufmann Belkhayat’s practice also focuses on representing financial institutions in connection with a variety of securities offerings, such as BlackRock, Inc. in numerous transactions, including the secondary offerings of its common stock by Bank of America, PNC and Barclays, multiple offerings senior notes and its equity exchanges with Bank of America and PNC.

Her experience with complex capital and restructurings has included Marsico Parent Company LLC and affiliates in a private placement of multiple tranches of debt and equity securities to fund the repurchase of its equity from Bank of America and subsequent restructuring transactions. She also represented iPayment Holdings, Inc. and iPayment, Inc. in the exchange of $509 million of senior notes for a combination of debt, common stock and warrants.

In addition to a wide variety of focused areas within the capital markets, Ms. Kaufmann Belkhayat also is experienced in traditional corporate financings, including both high yield and investment grade debt.

Laura A. Kaufmann Belkhayat is associated with the following items:
Course Handbooks  Course Handbooks Pocket MBA 2017: Finance for Lawyers and Other Professionals
CHB Chapters  CHB Chapters Money, Money, Money: Choosing the Right Capital Structure—A Primer on Capital - Pocket MBA 2017: Finance for Lawyers and Other Professionals, Thursday, October 19, 2017
Web Segment  Web Segment Closing the Transaction: Practical Legal Considerations - Pocket MBA 2017: Finance for Lawyers and Other Professionals, Monday, November 27, 2017
MP3 Audio  MP3 Audio Closing the Transaction: Practical Legal Considerations - Closing the Transaction: Practical Legal Considerations, Monday, November 27, 2017
Transcripts  Transcripts Closing the Transaction: Practical Legal Considerations - Closing the Transaction: Practical Legal Considerations, Monday, November 27, 2017
MP4 - Mobile Video Seg  MP4 - Mobile Video Seg Closing the Transaction: Practical Legal Considerations - Closing the Transaction: Practical Legal Considerations, Monday, November 27, 2017
On-Demand Web Programs  On-Demand Web Programs Pocket MBA 2017: Finance for Lawyers and Other Professionals, Tuesday, November 28, 2017, New York, NY
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