$7.5 Billion Syndicated Credit Facility - Integrated International Energy Company
Represented the joint lead arrangers and the administrative agent in connection with a $7.5 billion multicurrency revolving credit facility for an integrated international energy company.
$632.5 Million Credit Facility - Regulated Investment Company
Represented the administrative agent and lead arranger in an unsecured $632.5 million unsecured credit facility with a major finance company to provide working capital.
$450 Million Acquisition Facility - Insurance Holding Company
Represented the administrative agent and lead arranger in an unsecured $450 million credit facility to an insurance holding company in conjunction with its acquisition of another insurance company and its wholly-owned subsidiaries.
$100 Million Unsecured Loan Agreement - Global Direct Marketing Company
Represented the administrative agent and lead arranger in an unsecured $100 million loan agreement with term and revolving facilities with a global direct marketing company for general corporate purposes, including share repurchases.
$420 Million Facility - Financial Services Provider
Represented the administrative agent and lead arranger in an unsecured $420 million credit facility with a major provider of electronic payment services, in conjunction with a related spinoff.
$930 Million Workout and Bankruptcy - Homebuilder
Represented the administrative agent in connection with the restructuring of revolving bank debt of a homebuilder, including the collateralization thereof and coordination with other creditor constituencies, and in the subsequent bankruptcy.
$90 Million Term Loan - Bermuda Insurance Holding Company
Representation of the administrative agent and lead arranger in a $90 million term loan to a Bermuda insurance holding company.
Secured Real Estate Development Facility - Homebuilding
Represented the administrative agent and lead arranger in a $125 million secured real estate development facility to a real estate development joint venture and related workout.
$200 Million Unsecured Term Loan Agreement - Global Direct Marketing Company
Represented the administrative agent and lead arranger in an unsecured $200 million term loan agreement with global direct marketing company for general corporate purposes including share repurchases.
$500 Million Secured Facility - Financial Services Company
Represented the administrative agent and co-lead arranger in the documentation and administration of a secured $500 million credit facility with a financial services company involved in commercial real estate lending and regulated small business loans.
$922.5 Million Credit Agreement - Major Finance Company
Represented the administrative agent and lead arranger in a $922.5 million credit facility with a major finance company and regulated investment company.
$1 Billion Secured Mortgage Warehouse Credit Facility
Represented the administrative agent in negotiating, documenting, and closing a more than $1 billion secured mortgage warehouse credit facility.
$500 Million Credit Agreement - Insurance
Represented the administrative agent and lead arranger in a $500 million credit agreement with an exempt Bermuda insurance holding company.
Credit Agreement - Resort Industry
Represented the administrative agent and lead arranger in a $400 million secured credit agreement with a leading resort owner, hotel manager, and real estate developer, including the documentation and administration of a secured credit facility and amendments thereto.
Secured Credit Facility - Regulated Financial Service Provider
Represented the administrative agent and joint lead arranger in a secured $400 million credit facility (with swing line and letter of credit subfacilities) with a regulated financial service provider to finance working capital and to support lending programs.
$150 Million Letter of Credit Facility - Telecommunications
Represented the administrative agent in a $150 million letter of credit facility on a cash-collateralized basis to a long distance provider emerging from bankruptcy.
$1.5 Billion Multi-Currency Advance and Revolving Credit Facility – Global Information Technology/Outsourcing Company
Represented the administrative agent in a $1.5 billion multi-currency competitive advance and revolving credit facility agreement with a global information technology and outsourcing company.
$300 Million Secured Credit Facility and Related Workout - Telecommunications
Representation of lender in a series of financings (aggregating $300 million) to a partnership that owned a controlling interest in a publicly traded cellular company, including loans secured by stock in the publicly traded company and the related workout of such loans resulting in 100 percent collection.
$357 Million Secured Credit Facility - Telecommunications
Representation of administrative agent and lead arranger in a $357 million secured credit facility to an integrated communications company, providing local, long distance, high speed data, and internet services to business and government customers.
$1.5 Billion Syndicated Unsecured Five-Year Revolving Facility - Telecommunications
$1.5 billion syndicated unsecured five-year revolving facility to a diversified telecommunications company.
$4.25 Billion Multi-Facility Financing - Long Distance and Internet Provider
Representation of administrative agent and lead arranger in a $4.25 billion multi-facility with a publicly held international long distance and internet provider and with respect to the administration of such credit facilities during bankruptcy.
$1.4 Billion Facility to Long Distance Reseller
Represented the administrative agent in connection with $1.4 billion of revolving and term loans made in the U.S. and Canada to finance the acquisition of a long distance reseller company, resulting in a 100% collection.
$900 Million Debt Restructure of Secured Syndicated Facility - Manufacturing
Representation of administrative agent in a debt restructure of a $900 million secured, syndicated facility to a publicly-held company involved in the packaging business.
$800 Million Syndicated, Multi-Tranche Secured Facility - Telecommunication IPO-Related Financing
Represented the administrative agent and lead arranger in an $800 million secured syndicated, multi-tranche facility with a cellular telephone company, which included financing in conjunction with the initial public offering of the parent company.
$600 Million Syndicated Acquisition Financing - Media
Represented the administrative agent in a $600 million syndicated acquisition financing to a media corporation to acquire certain radio, television, and cable broadcasting facilities.
$1.3 Billion Acquisition Facility
Represented the administrative agent and arranger in a $1.3 billion secured acquisition facility to a publicly-held manufacturing company involved in the packaging and ceramics business.
Secured, Multi-Tranche Facility - Regulated Financial Services Provider
Represented the administrative agent and joint lead arranger in a secured $400 million credit facility (including swing line and letter of credit subfacilities) with a regulated financial service provider to finance working capital and to support lending programs.
$12 Billion Syndicated Multi-Facility Acquisition Financing - Long Distance and Internet Provider
Represented administrative agent and lead arranger in a $12 billion syndicated, multiple facility financing with a publicly-held international long distance and internet provider, to finance the acquisition of another major long distance provider.
$1.75 Billion Multi-Tranche Secured Acquisition Facility - Telecommunications
Represented the administrative agent and lead arranger in a $1.75 billion, multi-tranche secured acquisition facility, financing the acquisition of a regional cellular company by a joint venture to two cellular companies.
$53 Million Collateralized Financing of Acquisition of Travel Business
Representation of a national technology company, in its capacity as a lender, in connection with a $53 million collateralized financing of the acquisition of a travel industry business.
$270 Million Syndicated Multiple Tranche Secured Facility - Spinoff Transaction
Representation of administrative agent in a syndicated $270 million secured credit facility which facilitated the spin-off of a publicly-held company that manufactured advanced technical ceramics.
$427 Million Credit Facility - Telecommunications
Representation of administrative agent of a multi-bank syndicate in the negotiation, preparation, closing, and administration of a $427 million credit facility to a major reseller of long distance services.
Loan Workout - Fuel Storage and Marketing Company
Representation of a commercial finance lender with respect to loan recovery, collateral realization, debtor-in-possession financing, and related environmental and bankruptcy liquidation proceedings in connection with a $25 million credit facility to a group of companies involved in various industries, including the operation of a system of regional truck stops, the operation of credit services to the trucking industry, the operation of a series of convenience stores, and the operation of fuel storage and marketing operations.
$70 Million Workout and Debt Settlement - Collateralized Indebtedness of Real Estate Developers
Representation of a savings and loan association in connection with the negotiation and drafting of the settlement of $70 million of collateralized indebtedness owed by certain real estate developers in connection with multiple development projects in the Dallas, San Antonio, and Austin, Texas area, which debt settlement involved deed in lieu transactions, coupled with on going operating agreements and management arrangements with certain of the developers.
$80 Million Acquisition Financing - Media
Representation of a minority-owned communications company in connection with an $80 million acquisition financing from a group of insurance companies to fund the acquisition of several telephone broadcasting facilities.
$12 Million Debt Restructure and Workout - Financial Services
Representation of lender in an approximately $12,000,000 debt restructure and workout with a bank holding company.
$240 Million Credit Facility - Rendering Industry
Representation of the agent in a syndicate composed of foreign and domestic lenders in connection with a $240 million credit facility to a national rendering company, involving extensive collateralization on realty, personalty, and vehicular collateral and protracted workout negotiations and restructuring resulting in 100 percent collection of the debt.
$189 Million of Collateralized Financings in connection with Reorganization of Cable Company
Representation of a privately-owned holding company operating a network of cable companies in connection with its corporate reorganization and various collateralized financings aggregating $189 million in amount.
$195 Million Secured, Syndicated Revolving Credit Facility - Telecommunications
Represented administrative agent and lead arranger in a syndicated $195 million revolving credit facility, 364-day facility, and discretionary acquisition facility to a cellular telephone company for working capital and acquisition financings.
$430 Million Syndicated, Multi-Tranche Secured Acquisition Facility - Cellular Telephone Company
Representation of administrative agent and lead arranger in a syndicated $430 million, multi-tranche secured acquisition and working capital facility to a cellular telephone company in connection with the acquisition of such company by a major regional cellular telephone company.
Collection of $35 Million Multi-Facility, Multi-Currency Facility
Represented the administrative agent in connection with 100% recovery of loans to a technology company.
$400 Million Secured Facility - Resort Owner’s Operator and Developer
Represented the administrative agent and lead arranger in a $400 million secured credit facility with a leading resort owner, hotel manager, and real estate developer.
Revolving and Term Loan Credit Facilities - National Homebuilder
Represented administrative agent and lead arranger in connection with a national homebuilder’s senior revolving and term loan credit facilities recapitalization transactions.
$100 Million Facility - Mining Company
Representation of administrative agent in a $100 million revolving credit agreement to a limited partnership engaged in the mining industry.
$900 Million Revolving Facility - Major Natural Resources Company
Representation of administrative agent in a syndicated $900 million competitive advances/revolving credit facility to a major national resource company.
Acquisition Financing - Cable Industry
Representation of several privately-owned cable companies in connection with their respective acquisition financings.