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.
We are proud to be a part of Mayer Brown’s Banking & Finance group, a founding practice of the firm that has turned Mayer Brown into a financial services powerhouse committed to helping each client expand its position in the market while minimizing risk. And providing legal advice related to lending transactions as terms of credit evolve—among a multitude of other factors—is one of Mayer Brown’s signature strengths.
Our clients include more than half of the world’s largest banks—for which we represent both their commercial banking and investment banking divisions—and bank holding companies, insurance companies, specialized lenders, leasing companies, institutional real estate companies, and financial service boutiques. We also represent a multitude of corporations, private equity funds and fixed income funds and a wide range of other borrowers from a variety of industries. Working in virtually every financial product area—representing lenders, traditional and alternative, and borrowers—and constantly monitoring the finance space, we provide clients with actionable and practical advice on the best terms and structures available and identify the options that may not be viable based on their counterparties’ needs.
Asset Based Lending (ABL)
We structure and document the most complex ABL financings using our knowledge of all types of collateral, and we have worked on transactions ranging from middle-market club deals to multibillion-dollar financings. Having been involved in complex intercreditor issues around the world, we understand the issues surrounding the granting and perfection of security interests and recoveries on insolvency in the many jurisdictions in which ABL lenders operate. We have extensive experience using asset-based financing techniques to maximize leverage on acquisition finance transactions, particularly in cross-border European deals.
Companies that explore for, develop, produce, store, market, transport, process and use energy resources are among the most capital-intensive in the world. Our lawyers have extensive experience representing energy clients and lenders to such companies, including commercial and investment banks, in all aspects of the capital-raising process. Our lawyers are experienced in financing the purchase, development and sale of energy production, transportation and storage and other energy infrastructure projects, structuring reserve-based financing of oil and gas assets, financings for refineries, petrochemical-related properties, pipelines, plants and other assets, as well as the financing of LNG vessels and related export/ import facilities.
We regularly represent financial sponsors as part of our leveraged finance practice, including in connection with acquisition financings, dividend recapitalizations and follow-on acquisitions. We work with the Mayer Brown corporate team to assist such clients with both buy-side representations and sell-side representations.
Mayer Brown is recognized as the market leader in representing lead agents and lenders in subscription credit facilities for many of the world’s largest and most sophisticated private investment funds. Working with nearly every major lending player in the US market and the majority of active lenders in the UK, Europe and Asia markets, we represent arrangers and lenders in subscription credit facilities for many of the world’s largest and most sophisticated real estate and private equity funds. We also represent a broad range of fund sponsors as subscription credit facility borrowers
We regularly represent both insurance companies and lenders in the negotiation and documentation of lines of credit, letter of credit facilities, and collateral matters. We have experience working on reinsurance agreements, regulatory issues, financing matters, catastrophe bonds and a variety of other transactions in the insurance industry.
Mayer Brown is one of the most active and regionally experienced law firms representing borrowers and lenders on Latin American deals. We also counsel a wide range of corporations and financial institutions headquartered in Latin America and the Caribbean on their financing needs.
We understand the fast pace and competitive nature of leveraged finance transactions and the balance required to provide borrowers with commercial terms while protecting lenders’ interests. Our practice represents banks and other financial institutions as lead arrangers and lenders in acquisition financings, dividend recapitalizations and refinancing transactions as well as financial sponsors and corporate clients in their leveraged finance transactions.
Representing a broad array of direct lending funds and private credit funds in their lending transactions, we understand how these products differ from traditional bank lending products and the other special features of this market. We add value by applying our knowledge of the whole range of financing technologies to the work we do for the participants in this unique market.
Receivables and Supply Chain Finance
The accounts receivables and payables financing market’s largest participants call on us to handle a significant percentage of transactions in this area. Providing experienced counsel worldwide, we are able to assist multinational companies on the issues associated with having a cross-jurisdictional supply chain.
Workouts and Restructurings
We represent secured and unsecured creditors—both individual creditors and creditor committees—in workouts of loans and in insolvency proceedings of debtors with syndicated credit facilities. We cover every phase in the life of a distressed credit: the structuring of workouts, documenting consensual arrangements, foreclosing on collateral, and preparing for and advocacy during insolvency proceedings in the Americas (including cases under Chapter 11, Chapter 7 and Chapter 15 of the US bankruptcy code), Asia and Europe (including debtor-in-possession financings in the United States and other financings for companies in insolvency proceedings).