We advised the initial purchasers on the high-yield notes offering

Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by BCPE Ulysses Intermediate, Inc. of $400 million aggregate principal amount of its 7.750% / 8.500% Senior PIK Toggle Notes due 2027. The net proceeds of the offering will be used to make a distribution to equity holders, including Bain Capital Private Equity, LP, which controls BCPE Ulysses Intermediate, Inc. and its subsidiaries.

Founded in 1984, Bain Capital Private Equity, LP is one of the world’s foremost private investment firms. Together with its subsidiaries, BCPE Ulysses Intermediate, Inc. is a leading distributor of specialty building materials in the United States.

The Davis Polk capital markets team included partner Pedro J. Bermeo and associates Ida Araya-Brumskine and Moses Farzan Nekou. Partner Michael Farber and associate Sunny Kim provided tax advice. All members of the Davis Polk team are based in the New York office.

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