Andy Hickey helps clients to maximize the return on their lending activities across a range of industries and products. He is highly experienced in private placements of mezzanine and second lien debt and equity co-investments in leveraged buy-out transactions. He also represents issuers in tender offers and equity financings.
Andy is a member of Choate’s Executive Committee.
- Massachusetts Super Lawyers
Over $1 billion in private placements, issuances of second lien, and mezzanine debt with equity co-investment during last five years in over 75 transactions (represented institutional investors)
Represented underwriters in over $2 billion in public and private debt offerings over the past two years.
$95 million sale of social security disability insurance services business to public company (represented seller).
$90 million sale of Medicare set-aside services business to public company (represented founders).
$40 million public company acquisition of foreign public target (represented company).
$1.15 billion sale of privately held fire and security company to publicly held international conglomerate (represented seller).
Professional and Community Involvement
- Member of the Firm’s Executive Committee
- Member of the Boston Bar Association
- Member of the American Bar Association
- Fellow in the American College of Investment Counsel
Education & Credentials
- Suffolk University Law School
- JD, 1998, cum laude
- Lead Articles Editor and Member, Suffolk University Law Review
- Syracuse University
- BA, 1994, cum laude
Choate represented the underwriters, led by Barclays Capital Inc., BNY Mellon Capital Markets, LLC, BofA Securities, Inc. and U.S. Bancorp Investments, Inc. in a $450M public offering of unsecured debentures by NSTAR Electric Company, doing business as Eversource Energy.
Choate represented the sales agents, led by Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC in an at-the-market offering of up to $1.2B of common shares by Eversource Energy.
Choate represented the underwriters, led by Barclays Capital Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC in a $1.5B public offering of Series X and Series Y senior notes by Eversource Energy.
Choate represented the underwriters, led by Wells Fargo Securities, BofA Securities, Inc., U.S. Bancorp Investments, Inc., and MUFG, in a $400M public offering of first mortgage bonds by Avista Corporation.
Choate represented the underwriters, led by Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC in a $1.3B public offering of two series of senior notes by Eversource Energy.
Successful claims for “lender liability” have been vanishingly rare in recent years. At the very end of 2021, however, the Bankruptcy Court for the Northern District of Texas, in a case named Bailey Tool & Mfg. Co., et al. v. Republic Bus. Credit (In re Bailey Tool & Mfg. Co.), Adv. No. 16-03025-SGJ (Bankr. N.D. Tex. December 23, 2021), found a lender liable for damages in excess of $17 million after multiple years of litigation and a lengthy trial.