Abby
Boxer

Represented a club of prominent private credit lenders in connection with a $900 million senior secured credit facility, consisting of a $640 million term loan facility, $200 million delayed draw term loan facility and $60 million revolving credit facility. Loan proceeds were used by a leading private equity sponsor to fund its acquisition of an HVAC and home systems services company. After the initial acquisition, the delayed draw facility was upsized by $300 million, bringing the total credit facility to $1.2 billion.

Represented a club of prominent private credit lenders in connection with a $1.16 billion senior secured credit facility, consisting of a $795 million term loan facility, $265 million delayed draw term loan facility and $100 million revolving credit facility. Loan proceeds were used by a global private equity sponsor to fund its acquisition of a leading, full-service environmental compliance and emissions monitoring services provider.

Represented a leading private credit provider, as lender, in connection with an incremental term loan facility consisting of £62.87 million term loans, $100 million last-out PIK term loans and a $65 million delayed draw term loan facility, in addition to an existing $340 million credit facility. Loan proceeds were used by a leading travel management company to acquire a travel and event solutions company. The combined business is one of the world’s largest travel management companies with over $6 billion in annual travel volume and a presence in over 90 countries.

Represented a prominent private credit fund, as tranche B lender, in connection with a $375 million senior secured credit facility for a leading provider of property management services for single-family rental homes.

Represented a club of prominent private credit lenders in connection with a $320 million senior secured credit facility, consisting of a $198.4 million term loan facility, $81.6 million delayed draw term loan facility and $40 million revolving credit facility. Loan proceeds were used by a leading private equity sponsor to fund its acquisition of a residential and commercial garage door services company.

Represented a leading private credit fund, as lender, in connection with a $285 million senior secured credit facility for a global healthcare logistics provider.

Represented a club of prominent private credit lenders in connection with a comprehensive restructuring amendment for a $275 million senior secured credit facility provided to the portfolio company of a leading private equity sponsor. The amendment provided, among other things, financial covenant relief, maturity extension, PIK interest optionality, covenant and other documentation tightening, and was accompanied by an equity contribution by the sponsor.

Represented a private investment group, as secured creditor, in a UCC Article 9 strict foreclosure and related out-of-court restructuring of a food manufacturing company. Through a UCC §9-620 strict foreclosure, the secured creditor accepted the pledged equity of the company in full satisfaction of approximately $110 million of outstanding debt obligations under the company’s existing credit facility. Contemporaneously with the foreclosure, the secured creditor received equity in a newco and provided a $15 million new-money facility.

Represented a prominent private credit lender in connection with a US$690 million senior secured financing, consisting of a US$435 million term loan facility, a US$195 million delayed draw term loan facility and a $60 million revolving credit facility. Loan proceeds were used by a leading private equity firm to fund its acquisition of a road safety and pavement marking services company.

Represented a club of private credit lenders in connection with a US$400 million senior secured financing, consisting of a US$350 million term loan facility and a US$50 million revolving credit facility. Loan proceeds were used by a leading private equity firm to fund its acquisition of a designer, manufacturer and distributor of ergonomic workplace products.

Represented a club of private credit lenders in connection with a US$310 million senior secured financing, consisting of a US$275 million term loan facility and a US$35 million revolving credit facility. Loan proceeds were used by a global private equity firm to fund its acquisition of a weather forecasting and information technology company.

Represented a prominent private credit lender in connection with a US$210 million senior secured financing, consisting of a US$140 million term loan facility, a US$45 million delayed draw term loan facility and a US$25 million revolving credit facility. Loan proceeds were used by a leading private equity firm to fund its acquisition of a residential plumbing, HVAC and electrical services installation company.