With a combination of business acumen, finance knowledge, creativity and experience, Olshan represents clients in the United States and from around the world in sophisticated, multifaceted debt finance transactions.
Our Experienced Team
We structure, negotiate and complete complex, industry-leading debt finance transactions for public and private companies seeking to borrow capital, financial institutions, investment funds, family offices and other investors serving as lenders and secondary market participants, and distressed debt purchasers.
Applying our in-depth knowledge and experience, we help clients issue, obtain and manage secured and unsecured debt, including mezzanine, first and second lien, and acquisition financing. Our services, together with our Securities Law, Capital Markets & Private Placements practice, also encompass public and 144A bond issuances, PIPEs, and private placements.
Collaborating with colleagues in our Bankruptcy & Financial Restructuring, Tax & Personal Planning, Real Estate, Employment Practices, Employee Benefits and Intellectual Property Law Groups, we achieve exceptional outcomes for our clients in a broad range of finance arrangements.
Advising Clients with Multifaceted Finance Requirements
Our firm assists clients with capital raising transactions in the full variety of circumstances in which such needs emerge, including in M&A transactions, restructurings, real estate deals, spinoffs, reverse mergers, de-SPAC transactions and start-up capital needs.
Implementing Tax Strategies for Client Protection
Our attorneys are well-versed in federal, state and local tax laws, international tax matters, audits, as well as U.S. and foreign tax credits. With a clear understanding of the significant tax implications that can impact financing transactions, we consider multiple factors and strategies to help our clients limit potential tax liabilities and manage risks.
- Advise a Hong Kong-based investment fund in $135 million convertible note investments in Faraday Future Intelligent Electric Inc.
- Represented Steel Partners Holdings L.P. and its subsidiaries in connection with a five-year, $600 million revolving credit agreement with a syndicate of financial institutions headed by PNC Capital Markets LLC.
- Represented ModusLink Global Solutions, Inc. in connection with the financing for its $476 million acquisition of IWCO Direct, a leading provider of data-driven market solutions. The financing included a $393 million term loan facility and a $25 million revolving credit facility with Cerberus Business Finance, LLC.
- Represented Aerojet Rocketdyne Holdings, Inc., a leading manufacturer of aerospace and defense products, in a refinancing to provide greater financial flexibility to execute its long-term strategic agenda and substantially reduce its interest expense. The amended and restated credit facility replaced Aerojet’s existing revolving credit facility, in an aggregate principal amount of up to $350 million (with a $100 million subfacility for standby letters of credit and a $10 million subfacility for swingline loans) and provided for a delayed draw term loan facility in an aggregate principal amount of up to $400 million.
- Advised an operator of boutique veterinary hospitals in its execution of a $50 million line of credit facility in connection with a reorganization of the company’s business structure involving the consolidation of 15+ veterinary practices.
- Represented a Nasdaq-listed company in multiple debt offerings ranging from $150 million to $300 million.
- Represented ATW Partners in connection with a $36 million secured convertible loan investment in Nauticus Robotics, Inc. (Nasdaq: KITT), a developer of ocean robots, autonomy software, and services to the marine industries. The investment was consummated by ATW Partners and other investors in connection with the company’s de-SPAC merger combination with CleanTech Acquisition Corp., a special-purpose acquisition company.
- Advising a leading independent investment bank as exclusive financial adviser and placement agent for a number of corporate debt financings.
