Tim Johnston

Practices

Education and Clerkships

J.D., University of Texas School of Law, 2003, with honors

B.A., University of the South, 2000, magna cum laude

Admissions

Texas

New York

Profile

Tim Johnston is a partner in the Finance Practice Group of the Dallas office of Haynes and Boone, LLP. He represents lenders and borrowers including international and regional banks, private equity funds and corporate borrowers in a wide range of finance transactions.

Tim regularly advises clients on asset-based finance, syndicated finance, mezzanine and second lien finance, and loan workouts, as well as on structuring and documenting cross-border financings. His clients are focused on a variety of sectors, including the energy industry and its related service providers and in the corporate and industrial spaces.

A leading practitioner in his field, Tim brings extensive experience, diligence, and active engagement to his practice. He has established longstanding relationships with his clients and has successfully guided many of them through the ups and downs of the credit cycle.

Professional Recognition

  • Best Lawyers in America, Woodward/White, Inc., 2020
  • Selected to the Texas Super Lawyers Rising Stars, Thomson Reuters, 2013

Professional and Community Activities

  • Dallas Bar Association
  • LSTA
  • Association for Corporate Growth (DFW)

Selected Client Representations

Asset-Based Lending

  • Industrial borrower in a $400 million syndicated cross-border, secured asset-based revolving credit facility and term loan
  • Administrative Agent in a $375 million U.S./Canadian/U.K./Singapore cross-border, multi-currency syndicated credit facility to an integrated manufacturer and distributor of oil field tubular products
  • Administrative Agent in a $1.05 billion cross-border secured asset-based lending revolving credit facility
  • Administrative Agent in a $275 million asset-based revolving credit facility to a janitorial supply distributor
  • Administrative Agent in a $220 million cross-border asset-based revolving credit facility for a forklift manufacturer
  • Administrative Agent in a $200 million asset-based revolving credit facility for a concrete producer
  • Administrative Agent in a $150 million cross-border revolving credit facility to a global pipeline contractor and its numerous U.S. and Canadian subsidiaries
  • Administrative Agent in a $50 million asset-based revolving credit facility to a proppants producer

Syndicated Finance

  • Corporate borrower in a $250 million secured revolving credit facility in connection with its acquisition of a supplier of mixed-signal semiconductor devices and audio solutions to the consumer electronics market
  • Delicatessen chain in a $150 million secured revolving and term credit facilities
  • Law firm in a $95 million secured revolving and term credit facilities and $65 million of subordinated notes
  • A private equity fund in a $35 million secured revolving and term credit facilities in connection with the acquisition of a manufacturing company

Mezzanine Finance

  • Mezzanine debt fund in the purchase of $24 million in subordinated notes from an industrial distribution company
  • Second lien lender in the purchase of $17.5 million in secured notes from a manufacturer of paper products
  • Mezzanine debt fund in the purchase of $50 million in subordinated notes from a financial technology company
  • Mezzanine debt fund in the purchase of $90 million in subordinated notes from a medical device manufacturer
  • Second lien lender in a $75 million secured second lien term loan credit facility to a business database company

Energy Finance

  • Exploration and production company in a $3.4 billion reserve based revolving credit facility
  • Exploration and production company in a $100 million secured term loan from an alternative lender
  • Exploration and production company in a $70 million reserve based and midstream credit facility
  • Gathering company in an $50 million secured term loan from an alternative lender
  • Midstream and water transfer company in a $100 million revolving credit facility
  • Alternative lender in a $25 million second lien term loan for an exploration and production company

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