Leveraged & Syndicated Lending

We are consistently involved in the world’s largest and most complex financings, our team advises a broad spectrum of lenders on all bank, bond and transaction needs as they navigate the leveraged finance landscape.

From initial structuring through deal completion, our deep global bench offers comprehensive and practical advice on all aspects of finance transactions and the global leveraged loan market, including syndicated bank loans, high-yield debt offerings, second-lien financings and mezzanine capital investments. We know the market and provide invaluable up-to-date market intelligence to our clients. Additionally, we provide bespoke strategies to best serve each client’s business needs in complex finance transactions across a full range of financial products, multiple jurisdictions and a variety of industries.

We also manage risk and identify financing options for clients so they may take advantage of changing market conditions, credit terms and protections, competing sources of capital, and economic, political and policy considerations.

Select Representations

• Bank of America, RBC Capital Markets and UBS Securities, as lead arrangers and bookrunners, and Bank of America, N.A., and Wells Fargo Bank, National Association, as administrative agents, in connection with $4.745 billion in term loan and asset-based revolving credit facilities for Bass Pro Group's acquisition of Cabela’s.

• Jefferies Finance, KKR Capital Markets, Barclays Capital Market Asia Limited, The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch and MUFG Bank as joint lead arrangers and joint bookrunners, and Jefferies Finance as administrative agent with respect to the financing of KKR’s $2.2 billion acquisition of Campbell Soup’s international operations, including Arnott’s biscuits.

• UBS Securities, KKR Capital Markets, Citigroup Global Markets, Crédit Agricole Corporate and Investment Bank, Deutsche Bank Securities, Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation as joint lead arrangers and bookrunners and UBS AG, Stamford Branch, as administrative agent, in connection with $1.2855 billion and €615 million term loan facilities in favor of Gardner Denver.

• A group of joint lead arrangers in connection with the $1.5 billion financing for the acquisition of American National Group, by leading reinsurance business Brookfield Asset Management Reinsurance Partners Ltd. The arrangers included The Bank of Montreal, Royal Bank of Canada, HSBC Securities, BNP PARIBAS, and the Canadian Imperial Bank of Commerce.

• Morgan Stanley as the lead arranger on the $1.315 billion financing for PODS, a moving and storage company. The financing was used to refinanced existing debt, included incremental borrowings, and was used for a dividend recap to shareholders.

• Barclays Bank PLC as administrative agent and lead arranger in connection with a $1.27 billion senior secured credit facility comprising of a $270 million term loan facility and $1 billion revolving credit facility for Encompass Health Corporation.

• Wells Fargo Bank, N.A., BMO Capital Markets, BofA Securities, and JP Morgan Chase Bank as lead arrangers and joint bookrunners on a $1 billion sustainability-linked asset-based facility, as part of an integrated working capital financing solution for Southwire Company, one of North America’s leading manufacturers of wire and cable. This is one of the first sustainability-linked asset-based loan facilities in the US market.

• Wells Fargo Bank, National Association as successor administrative agent for the fourth amended ABL facility to R.R. Donnelley & Sons in the amount of $650 million to finance the acquisition of RR Donnelley by Chatham Asset Management.

• Barclays Bank PLC, as administrative agent, and RBC Capital Markets, SunTrust Robinson Humphrey, and Jefferies Finance, as joint lead arrangers and joint bookrunners, for the $575 million first lien credit facility, consisting of a $525 million term loan facility and a $50 million revolving credit facility, in connection with the acquisition of Vivid Seats.

• We represented Wells Fargo Bank, National Association as administrative agent, joint lead arranger, and joint bookrunner in a senior secured ABL facility for Pandora Media, Inc., a leading provider of internet radio. The financing consisted of a $200 million ABL revolving credit facility with a $50 million accordion.