Übersicht

Few global law firms have as many lawyers focused on lending as Mayer Brown does, and few are involved in as many lending transactions as Mayer Brown is. Our diverse experience includes investment-grade and leveraged lending transactions, acquisition financings, working capital loans, asset-based and cash flow financings, numerous types of fund finance facilities, first lien/second lien financings, multicurrency financings, dividend recaps and debt restructurings.

Erfahrung

Asset-based Lending

  • Global Integrated Metals Company/US$1 billion. We represented a global integrated metals company in relation to a US$1 billion inventory-based ABL revolving syndicated credit facility led by a leading global bank.
  • International Bank/€150 million financing for Bibby Group. We represented an international bank in the €150 million financing of certain European operating subsidiaries of the Bibby group of factors domiciled in Ireland, Germany, the Netherlands, Poland, the Czech Republic and Slovakia. The financing structure constitutes primarily of a back-to-back receivables purchase structure in relation to acquired trade receivables but also includes a revolving loan facility in relation to loan receivables advanced by Bibby.
  • Swift Worldwide Resources and Air Energi/US$305 million credit facilities. We represented Swift Worldwide Resources and Air Energi, as borrowers, and Wellspring Capital Management, as sponsor, in the refinancing of US$305 million worth of working capital facilities comprising a syndicated UK receivables finance facility, a US revolving receivables facility, a syndicated US term loan facility, a Korean receivables facility and local working capital facilities in Australia, Canada, Indonesia, Malaysia, Papua New Guinea and Singapore. Financing was provided by PNC Financial Services UK Ltd. and HSBC Invoice Finance (UK) Ltd., PNC Bank N.A. (US ABL), GSO Blackstone and Tosca Debt Capital (US term), HSBC Bank PLC (Korean ABL) and local HSBC bank entities (local working capital facilities). The refinancing was in connection with the merger of the Swift group and the Air Energi group to form Airswift, a US$1.2 billion turnover recruitment service specializing in the energy sector.
  • White Oak ABL/£265 million British Steel Limited financing. We advised White Oak ABL LCC as FILO lender in relation to its £90 million FILO loan to British Steel Limited as part of a wider £265 million facility to British Steel, led by PNC. This is one of the first times that a FILO loan has been incorporated into a significant signed UK/facility.
  • Wire Manufacturer/US$1 billion refinancing. We represented a wire manufacturer and certain of its subsidiaries, as borrowers, in connection with the refinancing of a US$1 billion asset-based revolver with an international bank, as administrative agent.

Auszeichnungen

All around the globe, Mayer Brown’s Banking & Finance practice leads the way with its decades of experience advising our clients on their unique needs—no matter the product, industry or issue at hand. We are consistently recognized as a leading firm in banking and finance across the Americas, Asia and Europe by legal ranking publications such as Chambers and Partners, The Legal 500 and IFLR1000.

View our Accolades

Stay Up To Date With Our Latest Insights

See how we use a multidisciplinary, integrated approach to meet our clients' needs.
Subscribe
Share