Private Credit & Special Situations Investing

Leveraged Finance & High Yield
We leverage our knowledge and experience to provide credit funds and non-bank lenders with comprehensive, solutions-focused service with respect to their investment opportunities, including:

• direct lending (first lien secured loans, unitranche products, and ABL/FILO tranches and unsecured loans)
• junior capital (second lien and mezzanine loans/notes, private high-yield placements, holdco pik loans/notes, or preferred or convertible equity investments)
• credit opportunities and special situation financings
• bespoke products that satisfy credit fund sensitivities
• new money primary issuance, including custom indenture products
• Loans, High Yield and Investment Grade Bonds
• CLO Investing
• Stressed / Distressed Debt
• Refinancings and Dividend Recapitalizations
• Venture debt

Strategic Creditor Representations
We structure and implement innovative and value-accretive restructuring solutions across a broad spectrum of transactions. From initial group formation stage through transaction completion, we are involved in every aspect of formulating, negotiating, and effectuating a restructuring. We represent lenders and lender groups in in-court and out-of-court financial and operational restructurings and work-outs, including:

• balance sheet refinancings and/or providing capital solutions to stressed credits (including structured debt-equity investing, equity co-investments, and preferred stock)
• exit and rescue financings
• representing the interests of the equitized lenders as company counsel post-restructuring
• 363 sale and plan sponsor transactions

Company & Sponsor Engagements
We represent companies and sponsors across industries in liability management transactions designed to address operational and balance sheet issues. Working in tandem with top-tier financial advisory firms, turnaround experts, and other practice groups in the firm, our advice is uniquely tailored to best address specific challenges our clients face.

We counsel companies and sponsors through liability management to ensure there is a process in place to maximize protection for the company’s directors and officers.

We have a successful track record of advising strategic and financial buyers and sellers of distressed assets and/or equity in transactions both in- and out-of-court; and have expertise in loan-to-own debt deals under section 363, chapter 11 plans, and hybrid restructuring transactions.

Range of Disciplines
Leveraging a diversity of experience among top tier finance, restructuring, capital markets, private equity and regulatory lawyers, we advise clients on each of the key components needed for any credit representation. We provide a seamless delivery of multidisciplinary services across practice areas, including Real Estate, Private Equity, Capital Markets, Mergers & Acquisitions, Healthcare, Energy, and Litigation teams to provide experienced counsel to our clients across all public and private sectors.