Credit Suisse in $100 Million Margin Loan
Advised Credit Suisse in its role as lead lender and administrative agent in a $100 million margin loan facility to a subsidiary of Rentech, Inc., an owner and operator of wood fiber processing and nitrogen fertilizer manufacturing businesses. The loan is collateralized by a portion of the publicly traded units of Rentech Nitrogen Partners, L.P.
$1.5 Billion Variable Funding Notes Facility
Represent a national bank in a $1.5 billion variable funding notes facility to a hedge fund group secured by margin stock and private equity interests.
$430 Million Margin Loan and Related Repo Transactions
Represent a national bank in a $430 million margin loan to an investment company and related repo transactions.
$700 Million Margin Loan and Related Credit Default Swap Transactions
Represent a broker-dealer in a $700 million margin loan facility to a hedge fund and related credit default swap transactions.
$525 Million Revolving Credit Facility
Represent a foreign bank in a $525 million revolving credit facility to a private equity fund secured by private equity interests.
$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.
Special Regulatory Counsel - Margin Lending Regulations
Represented multiple financial institutions, banks, broker-dealers, and hedge funds as special regulatory counsel on margin lending regulations that are applicable to equity financings and structured products.
U.S. $3.4 Billion Equivalent Global Credit Facility
Represented the administrative agent in connection with a $3.4 billion (U.S. equivalent) global credit facility to a publicly-traded REIT involving U.S., Canada, Euro, Japan, Korea, and China tranches.
$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.
$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.
$300 Million SPAC - Secured Margin Facility
Represented a large domestic broker-dealer in a $300 million SPAC secured margin facility to a Cayman master fund.
$80 Million Total Return Swap - Mexican Industrial Company
Represented a leading French investment bank in an $80 million total return swap for a large Mexican industrial company, using the shares of an affiliate as the reference obligation, to enable the issuer to obtain access to capital based on the value of those shares without encumbering or liquidating them.
€400 Million Credit Facility - International Real Estate Fund
Represented administrative agent and a joint lead arranger in connection with a €400 million equivalent senior unsecured credit facility to an international real estate fund.
$265 Million Margin Facility - Domestic and International Acquisition Funds
Represented an offshore financial institution in a $265 million margin facility to certain domestic and international acquisition funds to provide them with additional leverage to acquire the controlling share in a major domestic company.
Debtor-In-Possession Financing - Condominium Project
Represented Hayman Woods Capital in connection with debtor-in-possession financing of an oceanside condominium project.
Represented private equity funds and hedge funds in structuring, negotiating and documenting a wide range of derivatives transactions, including total return swaps, credit default swaps, interest rate swaps, foreign exchange swaps and others.
Leveraged Buyout Financing Transaction
Acted as counsel to senior lender in a leveraged buyout financing transaction to support the acquisition of a national services organization, involving structuring advice regarding multi-state collateral, acquisition feasibility, and lease financing.
Margin Facility - Automated Redemption Program for Open-Ended Mutual Funds and International Equity Funds
Represented an FSA-governed financial institution in a margin facility to certain United States and Luxembourg funds to provide liquidity for their automated redemption programs for open-ended mutual funds and international equity funds.
Sale of CDOs to Hedge Fund
Represented a major financial institution in sale of CDOs to a large hedge fund.
$10 Billion Committed Repurchase - Sovereign Debt Facility
Represented certain financial institutions in a $10 billion committed reverse repurchase facility and a $10 billion committed repurchase facility of sovereign debt with a European hedge fund.
$350 Million Fund - Onshore and Offshore Feeder Funds
Represented the lead agent in a $350 million fund to fund equity secured revolving facility to onshore and offshore feeder funds.