Michael Baker is the co-chair of the Paul Hastings Leveraged Finance practice and is resident in the New York Office. Mr. Baker has extensive experience in the representation of senior lenders, subordinated lenders and borrowers in connection with domestic and international acquisition and leveraged buyout financings, workouts, debt restructurings, debtor-in-possession financings, structured financings and intercreditor issues, with a special emphasis on Canadian-US cross-border and global financing transactions. Mr. Baker is recognized as a leading finance lawyer by Chambers USA. He is admitted to the New York Bar.
Osgoode Hall Law School York University, J.D., 1998 (Niagara International Moot Court Competition; Osgoode Hall Law Journal, editorial board member)
York University, B.A., 1995
Credit Suisse AG, Cayman Islands Branch as administrative agent and Credit Suisse Securities, Deutsche Bank Securities, Jefferies Finance, and UBS Securities as joint lead arrangers and joint bookrunners on the US$700 million first lien term loan facility, the US$50 million revolving credit facility, and the US$395 million second lien term loan facility for Applied Systems, an insurance software provider.
Bank of America, BMO Capital Markets, Wells Fargo Securities, Wells Fargo Bank, and Macquarie Capital as joint lead arrangers and joint bookrunners on the financing for Southwire Company's acquisition of Coleman Cable, Inc., a manufacturer of wire and cable products for construction, industrial and consumer applications. The financing consisted of a US$750 million senior secured term loan facility and a US$1 billion senior secured asset-based revolving facility.
RBC Capital Markets and BMO Capital Markets as lead arrangers in connection with the financing for Ares Management LLC and Canada Pension Plan Investment Board's $1.6 billion acquisition of 99 Cents Only Stores
Royal Bank of Canada as lead arranger and administrative agent for the senior financing of GTCR's $390 million acquisition of Fundtech Ltd., a leading provider of banking software and services to global financial institutions
Morgan Stanley Senior Funding, Inc. and Barclays Capital, as joint arrangers, and Morgan Stanley Senior Funding, Inc., Barclays Capital, Goldman Sachs Bank USA, BMO Capital Markets and RBC Capital Markets, as joint bookrunners, in connection with a $1.2 billion senior secured term loan facility and a $250 million senior secured revolving credit facility for Sensata Technologies Holding N.V., part of a design to refinance substantially all of Sensata's existing indebtedness
Merrill Lynch, Pierce, Fenner & Smith Incorporated, as a joint lead arranger and joint bookrunner, and Bank of America, N.A., as administrative agent, in connection with a $750 million asset-based loan facility for Del Monte Foods Company and certain of its subsidiaries related to the leveraged buyout of Del Monte Foods Company by Kohlberg Kravis Roberts & Co., Vestar Capital Partners and Centerview Partners
Milacron LLC as borrower under a $140 million term loan facility arranged by Merrill Lynch Pierce, Fenner & Smith Incorporated
A privately held nursing care facility and some of its subsidiaries as borrowers under a $1.58 billion credit facility arranged by Citigroup Global Markets Inc. and RBC Capital Markets
RBC Capital Markets as sole lead arranger and sole bookrunner in connection with an amended and restated $750 million credit facility for a privately held healthcare IT software and service solutions company
Bank of America, N.A. as administrative agent and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arranger and joint bookrunner in connection with a $250 million senior secured cross-border asset-based revolving credit facility for a privately held entertainment technology solutions company
Royal Bank of Canada as administrative agent and RBC Capital Markets as one of the lead arrangers and bookrunners in connection with a $155 million credit facility for Peak 10 Inc. related to the acquisition of Peak 10 Inc. by Welsh, Carson, Anderson & Stowe, which made Welsh Carson the majority shareholder
Banc of America Securities LLC and J.P. Morgan Securities Inc., as joint lead arrangers and joint bookrunning managers of a $350 million bridge financing and a $750 million financing for IPSCO Inc., proceeds of which were used to finance IPSCO's acquisition of NS Group, Inc.
Cinram International ULC, as borrower under a $625 million credit facility agented by JPMorgan Chase Bank, N.A.
Scotia Capital, as lead arranger and bookrunner of a $371.1 million amended and restated financing for The Kansas City Southern Railway Company
Apollo Investment Corporation as borrower under a $1.25 billion amended and restated revolving credit facility arranged by J.P. Morgan Securities Inc.
Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Credit Suisse, Deutsche Bank Securities Inc., Goldman Sachs Credit Partners Inc. and The Royal Bank of Scotland Plc as joint lead arranger and joint bookrunner of a $5.5 billion senior financing and Citigroup Global Markets Inc. as arranger of a $5.35 billion bridge financing in connection with the acquisition by Kohlberg Kravis Roberts & Co., L.P., The Goldman Sachs Group, Inc., Dune Capital Management, L.P. and Five Mile Capital Partners LLC of Capmark Financial Group Inc. (formerly known as GMAC Commercial Holding Corp.)