Haynes and Boone, LLP advised Texas Capital Bank, N.A., as sole lead arranger and administrative agent in the closing on July 1, 2019 of a $129,000,000 senior secured term loan credit facility, to SED Houston Real Estate, LLC, to finance, in part, the acquisition by certain affiliates of Redwood Capital Investments of the Houston-area territory assets and operations of Silver Eagle Distributors, L.P., one of the nation’s largest wholesale distributors of Anheuser-Busch and Grupo Modelo products, and other alcoholic and non-alcoholic beverages.
Houston Partner Neal Kaminsky, chair of the Haynes and Boone’s Finance Practice Group, served as lead counsel for Texas Capital Bank in the matter. His practice includes representing domestic and foreign financial institutions, other lenders and borrowers in bilateral and syndicated financings involving unsecured and secured first lien, second lien and other subordinated debt transactions. He has closed financial transactions involving commercial lending, asset-based lending, energy lending, real estate lending, and the private bank lending markets.
Kaminsky was assisted by a multi-office, multi-practice Haynes and Boone team that consisted of Finance lawyers Brent Shultz, Edward Bontkowski, Ochuko Hope, Mei Yang, Santiago Herrera, and Scott Night; Real Estate lawyers Caitlin Evans, Robert Ladd; Tax lawyer Sam Lichtman; and, from the firm’s Environmental Practice Group, Mary Mendoza.
Haynes and Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai and provides the full spectrum of legal services in the global markets, including energy, technology, financial services and private equity. With more than 550 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. Haynes and Boone’s Finance Practice Group is also recognized in Chambers USA 2019, on both a Texas and nationwide basis.