Robert “Bodie” Stewart is a counsel in the Capital Markets and Securities Practice Group in the New York office of Haynes and Boone, LLP. Bodie’s experience includes initial and secondary equity offerings, private placements (including Rule 144A/Regulation S and 4(a)(2) issuances), M&A financings, refinancings (including complex corporate recapitalizations and reorganizations), rights offerings and SEC reporting and compliance. His practice focuses primarily on securities law and general corporate matters, including representing issuers, investment banks, hedge funds and other institutional investors in initial public offerings and other public and private securities offerings, SEC reporting and compliance and corporate governance matters.
Prior to joining the firm, Bodie practiced in the New York and Singapore offices of Milbank LLP.
Selected Client Representations
- The underwriters in a $770 million secondary offering of exchangeable shares of a New York Stock Exchange-listed renewable energy company.
- The underwriters in a $200 million primary offering of preferred equity by a New York Stock Exchange-listed global infrastructure company.
- The underwriters in a $500 million secondary offering of common equity of a New York Stock Exchange-listed renewable energy company.
- The investor in a $500 million issuance of senior unsecured PIK toggle notes in connection with a $2.2 billion dividend recap.
- A Brazilian renewable energy company in its initial international bond issuance of $550 million secured bonds.
- The German acquiror with respect to the strategic acquisition of a US-based competitor in the online dating space, and the related “IPO” of the combined company.
- A Colombian airline in its comprehensive debt reprofiling and related additional financings.
- The ad hoc group of noteholders with respect to the multi-jurisdictional, in-court restructuring of approximately $600 million of senior secured notes (along with certain other debt) of a Brazilian oil exploration and production conglomerate, including the raising of $27 million of new money through a rights offering.
- A key group of noteholders with respect to the refinancing of approximately $540 million of senior secured notes of a North American home builder (as part of a nearly $700 million debt reprofiling).
- The investors in an approximately $500 million term loan in connection with the acquisition by a private equity firm of a veterinary clinic operator.
- A US-based retailer in an out-of-court restructuring of approximately $143 million of secured notes (along with certain other debt), including the raising of approximately $35 million of new money through a rights offering and the equitization of the majority of the company’s debt.
- A US-based company specializing in receivables management and certain debt collection activities in an out-of-court restructuring of approximately $440 million of senior secured notes (along with certain other debt), including the raising of approximately $40 million of new money and the equitization of the majority of the company’s debt.
- The term loan agent in the restructuring of a US-based retailer in Chapter 11, resulting in the restructuring of approximately $1 billion of debt, including the raising of approximately $60 million of new money and the equitization of the majority of the debtor’s liabilities.
- A US-based shipping and logistics company in its out-of-court restructuring of approximately $125 million of senior secured notes through the consensual equitization of approximately 99% of such notes in an exchange and tender offer.
- The initial purchasers in the issuance of $400 million of notes by a New York Stock Exchange-listed electrical transmission company.
- The initial purchasers in the issuance of approximately $290 million of senior notes by a major Indian airport operator.
- The initial purchasers in the issuance of approximately $610 million of notes and $140 million of equity certificates in connection with the securitization of a portfolio of approximately 30 commercial aircraft.
- The initial purchasers in the issuance of approximately $4 billion of senior secured notes in connection with the securitization of a portfolio of telecommunications spectrum.
*Some of these representations were prior to joining Haynes and Boone.
Selected Publications and Speeches
- “I Am the Master(s) of My Fate: Owen v. Commissioner and the Assignment of Income Doctrine in the Context of Personal Service Corporations,” author, The Tax Lawyer, Winter 2014.
- “Missing the Mark on Mark-to-Market: The Arguments Against the Camp-Baucus Plan to Require Mark-to-Market Accounting for Non-Traded Speculative Derivatives,” author, Georgetown Journal of International Law, Summer 2014.
B.A., Honors Tutorial College at Ohio University, 2001, cum laude, Phi Beta Kappa
J.D., Georgetown University Law Center, 2014, cum laude, Global Law Scholar, Cutler Law Fellow
M.A., Ohio University, 2008
Intern to the Honorable Alexander Williams, Jr., District of Maryland, 2012