People
Michael Urschel leads our structured finance team focusing on debt capital markets, securitization, private placements, hybrid finance and structured lending, with a particular focus on esoteric asset financing and acquisition financing of complex assets. A member of our firm’s Financial Services leadership team, Michael advises our financial institutions clients on a variety of financing opportunities, regulatory matters and portfolio acquisitions and dispositions across the capital structure. Michael also serves as a member of the firm's Business Review Committee.
Michael counsels banks, purchasers, sponsors and borrowers in a wide range of capital markets, structured lending and acquisition financing transactions. He has structured and led dozens financings of numerous franchised concepts, digital infrastructure, cellular tower, data center and distributed antenna operators, solar and renewable energy assets, transportation assets, media royalties, outdoor advertising receivables, ground lease financing transactions and specialty real-estate lending platforms, among others.
Michael is recognized by Chambers USA and Legal 500 U.S., and has been profiled by Asset-Backed Alert. Michael serves on the Structured Finance Committee of the New York City Bar Association and the Legal Counsel Committee of the Structured Finance Association, is a former Chairman of the Board of Directors of Make Music New York, Inc. and is the Editor of The Securitisation Law Review, published by Law Business Research Ltd.
J.D., University of North Carolina School of Law
M.B.A., University of North Carolina at Chapel Hill
B.S. Business Administration, University of North Carolina at Chapel Hill
Georgia
New York
North Carolina
February 23, 2023
King & Spalding Team Closes a Variety of Esoteric Financings in the Second Half of 2022
February 16, 2023
King & Spalding Earns Strong Rankings in Chambers Global 2023 Results
Representing initial purchasers in dozens of whole business securitizations of franchise brands such as Taco Bell, Arby’s, Applebee’s, Hardee's, Carl's Jr., Jimmy John’s, Church’s Chicken, TGI Friday’s, Auntie Anne’s, Carvel, Cinnabon, Maaco, Meineke, Massage Envy, McAlister’s Deli, Moe’s Southwest Grill, Jamba Juice, Schlotzky’s, Sonic, IHOP, Primrose Schools, Wingstop, Servpro, Zaxby's, Nothing Bundt Cakes, Authority Brands, ServiceMaster and Bojangles, among others.
Representation of initial purchasers, investors and issuers in multiple digital infrastructure, wireless tower, distributed antennae, fiber, data center and related ground lease securitizations, including several first-in-class transactions and leveraging securitization of such business as acquisition financing.
Representing the joint lead arrangers and initial purchasers in connection an unsecured note issuance and revolving and term credit facilities to finance the merger of an affiliate of Arby’s Restaurant Group, Inc. and Buffalo Wild Wings, Inc. to form Inspire Brands and subsequent incremental financing for the acquisitions of Sonic Corp. and Dunkin' Brands and a follow-on secured notes offering.
See more
March 1, 2023
Utilizing Structured Finance Techniques in Distressed Situations
February 15, 2023
Rule 192
February 15, 2023
NAIC Developments Affecting Insurer Investment Portfolios
February 23, 2023
King & Spalding Team Closes a Variety of Esoteric Financings in the Second Half of 2022
February 16, 2023
King & Spalding Earns Strong Rankings in Chambers Global 2023 Results
Representing initial purchasers in dozens of whole business securitizations of franchise brands such as Taco Bell, Arby’s, Applebee’s, Hardee's, Carl's Jr., Jimmy John’s, Church’s Chicken, TGI Friday’s, Auntie Anne’s, Carvel, Cinnabon, Maaco, Meineke, Massage Envy, McAlister’s Deli, Moe’s Southwest Grill, Jamba Juice, Schlotzky’s, Sonic, IHOP, Primrose Schools, Wingstop, Servpro, Zaxby's, Nothing Bundt Cakes, Authority Brands, ServiceMaster and Bojangles, among others.
Representation of initial purchasers, investors and issuers in multiple digital infrastructure, wireless tower, distributed antennae, fiber, data center and related ground lease securitizations, including several first-in-class transactions and leveraging securitization of such business as acquisition financing.
Representing the joint lead arrangers and initial purchasers in connection an unsecured note issuance and revolving and term credit facilities to finance the merger of an affiliate of Arby’s Restaurant Group, Inc. and Buffalo Wild Wings, Inc. to form Inspire Brands and subsequent incremental financing for the acquisitions of Sonic Corp. and Dunkin' Brands and a follow-on secured notes offering.
See more
March 1, 2023
Utilizing Structured Finance Techniques in Distressed Situations
February 15, 2023
Rule 192
February 15, 2023
NAIC Developments Affecting Insurer Investment Portfolios
February 23, 2023
King & Spalding Team Closes a Variety of Esoteric Financings in the Second Half of 2022
February 16, 2023
King & Spalding Earns Strong Rankings in Chambers Global 2023 Results
J.D., University of North Carolina School of Law
M.B.A., University of North Carolina at Chapel Hill
B.S. Business Administration, University of North Carolina at Chapel Hill
Georgia
New York
North Carolina