Securities Group Closes UCAR Financing

Kelley Drye acted as Special Counsel in assisting UCAR International Inc. to raise $400 million through a private offering of Senior Notes. UCAR, a longstanding client of the firm, provides natural and synthetic graphite and carbon products and services to customers in the steel, aluminum, fuel cell power generation, electronics, semiconductor and transportation industries. The Firm previously acted as Special Counsel in assisting UCAR to raise $97 million in a secondary equity offering.