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

Davis Polk advised the several initial purchasers in a Rule 144A / Regulation S offering by Lannett Company, Inc. of $350 million aggregate principal amount of its 7.750% senior secured notes due 2026.

Lannett Company, Inc., founded in 1942, develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of medical indications.

The Davis Polk capital markets team included partners Michael Kaplan and Pedro J. Bermeo and associates Ida Araya-Brumskine, Dennis Chu and Brendan Eng. The finance team included counsel Sanders Witkow and associate Brittany Taylor. Counsel Kiara L. Rankin provided tax advice. Partner Frank J. Azzopardi and associate S. Dream Montgomery provided intellectual property advice. All members of the Davis Polk team are based in the New York office.