Ellen Gibson McGinnis

Partner

Washington, D.C.


800 17th Street, NW
Suite 500
Washington, District of Columbia 20006-3962
T +1 202.654.4512
F +1 202.654.4242

Areas of Practice

Education

  • J.D., New York University School of Law, 1985
  • B.A., Yale University, 1982, cum laude

Bar Admissions

  • District of Columbia, 1996
  • New York, 1986
  • New Jersey, 1986
  • Texas, 1986
Ellen Gibson McGinnis

Ellen McGinnis has more than 25 years of experience structuring, negotiating and documenting financial transactions and co-leads the subscription finance practice of Haynes and Boone. She has served as leader of the Finance Group and currently serves on the firm’s Board of Directors.

Ellen works with lenders offering complex loans to corporations, opportunity funds, and other commercial borrowers. With our team of finance and tax lawyers, she provides solutions that help our lending clients meet the business needs of their customers while facilitating the clients' credit and security goals. Ellen represents both foreign and domestic banks in syndicated and bi-lateral transactions in the United States and around the world, often involving multi-currency and multiple option bid facilities.

In 2012, the Association of Yale Alumni presented Ellen with the Yale Medal, the highest award presented by the association to recognize and honor outstanding individual service to the university.

Selected Client Representations

  • Represented major U.S. and foreign banks as lead agents and arrangers to structure, negotiate and document more than $30 billion of syndicated credit facilities and commercial paper facilities to real estate opportunity funds and other investment entities, secured by the capital commitments of fund investors.
  • Represented lead agents and arrangers in multi-currency, multi-jurisdictional credit facilities to U.S. and non-U.S. borrowers.
  • Represented lead agent in syndicated $700 million hybrid facility secured by capital commitments and portfolio assets for mezzanine fund borrowers.

Professional Leadership

  • Chair and Founding Member, YaleWomen
  • Member, Council of Advisors of Women's Health Research at Yale
  • Former Chair, Board of Governors of the Association of Yale Alumni
  • American Bar Association (International Law and Practice; Business Law; Law Practice Management)
  • Former Partner, Commission on Women in the Profession

Selected Representative Experience


$2 Billion Revolving Multi-Currency Credit Facility - Global Company Information Technology and Outsourcing Company
Advised the lead agent and arranger in a $2 billion multi-currency, multi-jurisdiction credit facility for a major data systems company.

$575 Million Unsecured Facility - Publicly Traded REIT
Provided counsel to a money center bank in the syndication of a $575 million unsecured credit facility to a publicly traded real estate investment trust consisting of a revolving credit facility, competitive bid subfacility, swingline subfacility, and subfacility for taxable REIT subsidiaries.

$600 Million Capital Commitment Subscription Financing - Real Estate Private Equity Fund
Represented major national banking institution as lead agent and lead arranger in $600 million syndicated capital commitment subscription-secured credit facility for real estate private equity funds.

Formation of Acquistion Vehicle
Advised a real estate company on formation of partnership to acquire $300 million office portfolio to acquire properties outside Texas.

Hotel Portfolio Acquisition
Advised a real estate company on acquisition of several hundred million dollars of partners' interests in a six-property hotel portfolio located in Texas, California, Missouri, Oklahoma and Kansas.

Multi-Currency Facility
Represented U.S. Bank as lead agent in multi-currency facility to multiple joint venture borrowers in Mexico and Asia.

Restructuring of Letters of Credit Securing Tax Exempt Bonds - Real Estate Developer
Represented a lender in connection with its numerous loans to a major Dallas real estate developer, including many letters of credit issued to enhance tax exempt bonds issued on behalf of the developer. The workout spanned a number of years and a number of loans, many of which were refinanced by other lenders, and some of which involved conveyance of certain properties by deed in lieu of foreclosure to an affiliate of the lender.

Revolving Credit Agreement
Represented lender in $250 million syndication.

Revolving Credit Facility - Publicly Traded REIT
$150 million revolving line of credit (with letter of credit sub-facility) to publicly-traded real estate management services company.

Sale of Industrial Property Portfolio
Advised a real estate company on the sale of $471 million industrial portfolio of 23 properties, containing over 10 million square feet, in the following: Columbus, Ohio; Memphis; Nashville and Woodland, California.

Secured Multi-Currency Syndicated Facility - Real Estate Opportunity Fund
Provided counsel to a money center bank in the syndication of a $400 million senior secured revolving credit facility to a real estate opportunity fund, providing multi-currency options (Euros, Pounds Sterling, Yen), secured by capital commitments of public and governmental pension plans, insurance companies, and other institutional investors.

Secured Multi-Facility Credit Agreement - Hotel Properties
Provided counsel to a national bank regarding a $675 million facility comprised of a $300 million revolving credit loan and $375 million term loan (participated in by various financial institutions and fund investors) secured by 16 hotel properties located in various states including New York, Florida, Illinois, Arizona, California, and Virginia.

Secured Revolving Credit Facility - Hotel Properties
$100 million revolving credit facility secured by three hotel properties located in Illinois and California.

Syndicated Financing - Publicly Traded REIT
Provided counsel to a money center bank in the syndication of a $550 million unsecured revolving line of credit and $150 million bridge loan to publicly traded real estate investment trust.

Term Loan to Swedish Company
DM 360 million term loan to Swedish owner of refrigerated warehouse facilities and logistics services.

Unsecured Term Loan - Refrigerated Warehouse Facilities
$105 million unsecured term loan to a company that acquires and manages refrigerated warehouse facilities.

Memberships

  • Immediate-Past Chair, Board of Governors of the Association of Yale Alumni
  • Member, Council of Advisors of Women's Health Research at Yale
  • American Bar Association (International Law and Practice; Business Law; Law Practice Management)
  • Partner, Commission on Women in the Profession
  • New York State Bar Association
  • District of Columbia Bar
  • State Bar of Texas

Online Publications

01/18/2006 - Location for National Bank for Diversity Jurisdiction
On January 17, 2006, a unanimous United States Supreme Court held in Wachovia Bank, N.A. v. Schmidt that, for purposes of accessing federal courts under the current diversity jurisdiction statute, 28 U.S.C.§1348, a national bank is a citizen only of the state in which its main office, as set forth in its articles of association, is located.