Overview
As the financing environment becomes more challenging and complex, lawyers who understand the intricacies of multi-tranche and junior capital financings and how to leverage the positions of lenders in different tiers of the capital structure are now more important than ever. Our market-leading practice is among the most sophisticated of its kind and is singular in its make-up. The lawyers all are cross-trained in finance matters unique to junior capital investors as well as insolvency matters impacting the structuring and restructuring of these investments. The group also includes dedicated tax, fund formation, and private equity lawyers, all of whom focus on multi-tranche financing matters. As a result, we bring a one-of-a-kind multidisciplinary approach to junior capital matters that allows our lawyers to craft solutions that maximize our formidable experience on behalf of our clients.
We handle transactions involving a broad range of industries that include airlines and airline supplies, auto supplies, distribution, finance and other service industries, health care, importing/exporting, manufacturing, energy, oil and gas, real estate and construction, restaurants and hospitality, retail and brands, sports and gaming, and telecommunications and data centers.
Multi-Tranche Finance is what we do. We are widely recognized for our knowledge and experience with numerous rankings in Chambers USA and US Legal 500. Chambers USA dubs us the "market leader" and "first place to go" for mezzanine and second lien financings and US Legal 500 calls us "the best-in-class for junior capital and restructuring advice in the middle market."
In the past two years alone, we have closed more than 100 multi-tranche finance matters in transactions ranging from $5 million to $2.7 billion, representing the leading lenders in the junior capital market. We are skilled in all areas of the capital structure, and close transactions involving a wide array of industries.
Area of Focus
Multi-Tranche, One-Stop and Uni-Tranche Loans
Last-Out Senior Loans
Second Lien Loans
Mezzanine Loans
Holdco Notes
Structured Equity
Equity Kickers and Co-investments
Restructuring and Insolvency
Key Representations
A leading private manager of fixed income and credit instruments in a $190 million mezzanine financing to fund the acquisition of a company that operates freestanding renal dialysis centers across the United States
A provider of lower middle market financing solutions in a $46 million one-stop financing for a global leader in the design and manufacture of sophisticated crash test dummies
A leading private credit manager in a $130 million second lien refinancing of a facility for a Canadian provider of data center solutions
A leading provider of middle market financing solutions in a $107.5 million last-out financing for a global company that provides identity-based security solutions for businesses and consumers