Debt Financing Trends: Joe Price of Mintz Levin discusses the various debt financing options available for leveraged sponsor deals and provides an overview of recent lower middle market trends in the following video:

Mr. Price has extensive experience representing private equity sponsors, corporate borrowers and lenders in connection with leveraged acquisitions, secured and unsecured, second lien, mezzanine, asset based, debtor-in-possession, exit and distressed financings, workouts and restructurings. His experience includes domestic and international syndicated, club and bi-lateral debt facilities ranging in size from less than ten million to several billion dollars.

Selected Representative Matters:

• Representation of public international telecommunications company in connection with $225 million senior secured revolving credit facility.

• Representation of sponsor-backed health care company in connection with $148 million senior secured credit facilities for add-on acquisition.

• Representation of private equity sponsor in connection with $223 million senior secured credit facilities, $80 million high yield style mezzanine facility and holdco senior securities purchase agreement for leveraged buyout of risk management services company.
• Representation of private equity sponsor in connection with $330 million senior secured credit facilities for acquisition of health care consulting services company.
• Representation of sponsor-backed information technologies company in connection with $900 million covenant-lite first lien credit facilities and second lien credit facility and multiple incremental term loan facilities for acquisitions by company.
• Representation of private equity sponsor in connection with $100 million senior secured unitranche credit facilities for acquisition of international fitness center franchisor.
• Representation of sponsor-backed industrial and specialty chemical company in connection with $3 billion of senior secured asset based and term loan credit facilities and $440 million high yield style mezzanine facility for leveraged recapitalization.
• Representation of aircraft manufacturer in connection with pre-chapter 11 bridge loans and liquidity advice and $400 million debtor in possession credit facilities.
• Representation of hotel franchisee and real estate investment trust in connection with $67 million debtor in possession credit facilities.
• Representation of international manufacturer and distributor of personal care products in connection with out of court restructuring and $130 million first and second lien credit facilities.
• Representation of leading hedge fund in connection with $200 million of senior secured distressed loans to pharmaceutical company and related purchase of warrants.
• Representation of private equity sponsor in connection with $335 million first and second lien senior secured credit facilities for acquisition of automobile accessory manufacturer.
• Representation of owner of NHL and NBA franchises in connection with $100 million senior secured credit facilities and $15 million unsecured senior credit facilities for team buyouts.
• Representation of owner and marketer of over-the-counter brands and private equity sponsor in connection with $1.15 billion senior secured credit facilities for bank and bond acquisition financing.