other material
confidence high
sentiment neutral
materiality 0.60
Landcadia adds detail on Jefferies fees totaling >$65M in Hillman merger supplement; O'Leary named director
Hillman Solutions Corp.
- Jefferies net deferred underwriting commission of $13M after up to $4.5M allocated to other banks.
- Jefferies to receive $8.4M placement agent fee and $13.5M capital markets advisory fee upon closing.
- Jefferies expects $6.8M M&A advisory fee; Jefferies Finance expects $21.1M in financing fees from Hillman at closing.
- Jefferies Finance received $9.5M in 2018 and $875K for add-on financing; additional $22.7M in expected fees.
- Daniel O'Leary to join post-combination board as Landcadia nominee.