Akin Advises MRC Global in its $361 Million Preferred Stock Repurchase Agreement
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(New York) – Akin advised MRC Global Inc. in connection with its agreement to repurchase 363,000 shares of its 6.5% Series A Convertible Perpetual Preferred Stock for approximately $361 million, in addition to paying accrued dividends.
The Akin team was led by corporate partner Kerry Berchem and included associates Rafita Ahlam and Neal Kapoor.
Additional details on the agreement can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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