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Leveraged Finance

Our Leveraged Finance Practice advises clients on a variety of bank and bond financing transactions, ranging from middle-market loans to billion-dollar-plus financings, across a wide range of industries, giving us a comprehensive understanding of the current global financing and regulatory environment.

Recent Transactions

Represented Bank of America, N.A., Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman Sachs Lending Partners LLC, RBC Capital Markets and UBS Securities LLC, as lead arrangers and bookrunners, and Bank of America, N.A. and Wells Fargo Bank, National Association, as administrative agents, in connection with $5,145,000,000 in term loan and asset-based revolving credit facilities for Bass Pro Group, LLC’s acquisition of Cabela’s Incorporated. Bass Pro and Cabela are leading retailers of hunting, fishing, camping and related outdoor recreation merchandise.

Represented Barclays Bank PLC, RBC Capital Markets, BMO Capital Markets and Goldman Sachs Lending Partners LLC, as lead arrangers and bookrunners, and Barclays Bank PLC and Royal Bank of Canada, as administrative agents, in connection with $900,000,000 in first lien and second lien credit facilities financing Bain Capital Private Equity’s and J.H. Whitney Capital Partners’ acquisition of Epic Health Services and PSA Healthcare. Post-acquisition, the companies were merged to form Aveanna Healthcare, a leading pediatric home healthcare company.

Represented RBC Capital Markets, Barclays Bank PLC, Deutsche Bank Securities Inc. and SG Americas Securities, LLC, as lead arrangers and bookrunners, and Royal Bank of Canada, as administrative agent, in connection with $495,000,000 in first lien and second lien credit facilities financing Permira’s acquisition of DiversiTech, an aftermarket manufacturer and supplier of highly engineered components for residential and light commercial HVAC and refrigeration.

Represented RBC Capital Markets and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as lead arrangers and bookrunners, in connection with $3,750,000,000 in senior secured credit facilities financing the acquisition of DigitalGlobe, Inc. by MacDonald, Dettwiler and Associates Ltd. DigitalGlobe is a leading global provider of high-resolution Earth-imagery products and services.

Represented Credit Suisse Securities (USA) LLC, HSBC Securities (USA) Inc. and RBC Capital Markets, as lead arrangers and bookrunners, and Credit Suisse AG, Cayman Islands Branch, as administrative agent, in connection with approximately $605,000,000 in senior secured credit facilities in favor of Mirion Technologies, a portfolio company of Charterhouse Capital Partners.

Innovative Solutions for Complex Transactions

Lending markets have experienced dramatic swings in activity over the past several years. In today’s environment, managing risks while creatively pursuing opportunities has become an essential balancing act for those seeking to navigate new paths to growth. We provide innovative solutions for our clients’ largest and most complex transactions. Our team helps clients navigate volatile markets, identify alternative financing options, refinance their debt, and take advantage of evolving trends in leveraged finance.

We know the market. Over the past year, we have represented one or more major bank institutions in nearly every significant leveraged finance transaction that came to market. Our lawyers advise on the full spectrum of financings, restructurings, and regulatory compliance issues across a variety of sectors, including energy, technology, fintech, telecommunications, media, healthcare, life sciences, and professional services.

A Leading Leveraged Finance Practice

  • Our team is recognized as a leader in acquisition finance, representing lead arrangers, underwriters, and initial purchasers participating in domestic and cross-border transactions.
  • Our integrated practice offers seamless execution in bank/bond structures, whether within a single jurisdiction or in cross-border transactions.
  • Our practice is part of a larger global finance practice representing global financial institutions in 1,000+ complex financings in 2016, including alternative and private credit, asset securitization and structured finance, project finance, and structured credit products.

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