Corporate Finance Continued Our corporate finance practice has considerable industry-specific experience in a vast range of business sectors, including: -- biotechnology -- insurance -- clean tech -- Internet and e-commerce -- consumer products -- natural resources -- energy -- railroads -- environmental -- REITs -- financial ser­vic­es -- retail -- gaming and entertainment -- technology -- health care -- telecommunications We also have extensive experience with hedge funds and other alternative investment management vehicles. Initial Public Offerings Skadden has advised on some of the largest and most complex initial public offerings worldwide. We also regularly represent companies of all sizes and underwriters in connection with smaller and midsized IPOs, including those of many emerging companies. We integrate members of our securities regulation and corporate governance practice in the early stages of the IPO process to assist our clients with planning and preparing for post-IPO public company disclosure and governance requirements. Our attorneys advise on IPOs across a broad spectrum of industries and routinely handle high-profile deals that receive significant media attention for their novelty or innovative approach. We have been involved with many first-of-their kind transactions as well as cross-border listings. Innovation and New Products Skadden’s Corporate Finance Group includes a strong derivatives and financial products practice. We regularly represent issuers, investment banks and other parties in capital markets transactions with embedded derivatives elements and concurrent derivatives transactions, as well as in stand-alone over-the-counter derivatives transactions.

Offerings in which we are involved regularly include convertible and exchangeable securities and other equity-linked products, as well as complex debt, equity and structured products. We also advise clients on a wide range of call spread transactions, registered forward contracts and share lending transactions. Skadden is a leader in developing new financial products, where we utilize an interdisciplinary approach to product structuring and execution. We have been involved in the development and evolution of many major innovations in the capital markets, including equity security units, hybrid securities, perpetual notes and many tax-advantaged products. High-Yield and Investment Grade Debt Offerings Skadden has represented underwriters and issuers in some of the most notable high-yield debt offerings in recent history, including offerings to finance acquisitions, leveraged recapitalizations and refinancings.

We also frequently handle transactions involving a wide range of investment grade debt products. Private Placements Attorneys in our corporate finance practice regularly advise on private placements of equity and debt securities. Skadden has extensive experience representing issuers and underwriters in private placements of all sizes by corporate issuers, hedge funds, government entities and project finance issuers. The corporate finance practice also has represented issuers and investment banks in connection with numerous private investments in public equity (PIPEs) as well as venture capital financings. Other Transactions The corporate finance practice also has significant experience with other types of transactions.

We are active in the formation and operation of private equity funds for a broad range of clients, including sponsors, investors and placement agents. In addition, we have been involved with all types of investment vehicles, including merchant banking and leveraged buyout funds, venture capital funds, bridge funds, “vulture” funds and offshore funds. We also represent highly leveraged companies and other corporate clients in transactions such as divestitures, rights offerings, financial restructurings and recapitalizations, which often include equity offerings, exchange offers, consent solicitations, debt tender offers and spin-offs. 2  Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates .