Practice Areas & Industries: Choate, Hall & Stewart LLP

Practice/Industry Group Overview

"this fabulous firm boasts top-level personnel and a well-established client base; the specialty finance group also wins plaudits for its technical ability" Chambers USA

Leader in Sophisticated Financial Transactions

Represent leading national and international financial institutions in full range of transactions including senior syndicated lending and mezzanine/subordinated financings.

Transaction Powerhouse

Senior and mezzanine/subordinated financings with proceeds over $18 billion. (since 2000)

Reach

Financial transactions across US and in 27 foreign countries.

Bench Strength

Over 25 lawyers representing major financial institutions in complex transactions. Lawyers throughout practice areas consistently receive national recognition for excellence.

Breadth

Represent lending institutions; insurance companies; alternative investors; securitization acquisition financings and conduits; private equity fund portfolio companies; and operating companies. Experts in wide range of industries including energy, healthcare, media, retail, sports and technology financings.

Workout/Creditors' Rights Expertise

Extensive workout and creditors' rights experience applied to structuring and documenting originated financings.

Deal List

• $500 million 144A medium term note program of energy company for underwriters.
• $425 million hybrid recourse financing with synthetic lease structure of construction, development and operation of power plant for Fortune 10 lender.
• $225 million establishment of credit facility for Major League Baseball investor.
• $150 million complex securitization of future flow receivables for pharmaceutical company.
• $125 million securitization for timeshare receivables for issuer.
• $115 million senior secured credit facility for retail company for lender.
• $100 million credit facility for Major League Baseball investor for syndicate of banks.
• $88 million debtor-in-possession financing for regional furniture retailer, including second lien tranche.
• $79 million senior loan for financial services firm.
• $75 million credit facility established for Major League Baseball investor for lenders.
• $75 million credit facility established for Major League Baseball investor for syndicate of banks.
• $75 million credit facility established for Major League Baseball investor for lenders.
• $75 million credit facility established for Major League Baseball investor for syndicate of banks.
• $66 million credit facility established for National Football League investor for syndicate of banks.
• $65 million debtor-in-possession financing of furniture company for investor.
• $65 million senior debt financing of retail good company for investor.
• $65 million credit facility established for Major League Baseball investor for syndicate of banks.
• $60 million credit facility for Major League Baseball team for syndicate of banks.
• $60 million senior credit facility for child daycare facility for lender.
• $50 million revolving credit facility for catalogue company for investor.
• $50 million senior loan for food service company for investor.
• $50 million credit facility established for National Hockey League investor for syndicate of banks.
• $50 million asset-based credit facility for technology company for senior secured lender.
• $50 million senior debt financing for printing company for lender.
• $46 million asset-based financing for sporting equipment company for senior secured lender.
• $45 million senior credit facility for borrower, a beverage company.
• $45 million senior loan for borrower, a business media company.
• $40 million senior secured credit facility for specialty retail company for lenders.
• $40 million share of $180 million credit facility established for National Basketball Association investor for lender.
• $40 million debtor-in-possession financing for specialty retail company for lender.
• $40 million working capital and acquisition facility with second lien tranche for cooking and beverage equipment manufacturer.
• $38 million asset acquisition from media and entertainment companies for finance company.
• $35 million senior debt financing for sporting equipment company for lender.
• $35 million senior secured, multicurrency and multiborrower syndicated credit facility for public company and domestic and foreign subsidiaries.
• $30 million senior line of credit for National Football League team for lender.
• $30 million credit facility established for National Football League investor for syndicate of banks.
• $28 million loan and security agreement for toy manufacturer for lender.
• $24 million stock acquisition from window and door manufacturer for finance company
• $24 million senior loan for manufacturing company for lender
• $23 million senior secured credit facility for information management company for lender.
• $20.5 million senior secured credit facility for building supplies companies for lender.
• $16.5 million acquisition financing for consumer products manufacturer for senior lender.
• $15 million mezzanine financing for borrower, a beverage company.
• $15 million unsecured mezzanine debt with warrants for insurance company.
• $75 million credit facility established for lenders.
• $75 million credit facility established for syndicate of banks.
• $75 million credit facility established for lenders.
• $75 million credit facility established for syndicate of banks.
• $66 million credit facility established for syndicate of banks.
• $65 million credit facility established for syndicate of banks.
• $60 million credit facility for syndicate of banks.
• $60 million senior credit facility for lender.
• $50 million revolving credit facility.
• $50 million credit facility established for syndicate of banks.
• $50 million asset-based credit facility for senior secured lender.
• $46 million asset-based financing for senior secured lender.
• $40 million senior secured credit facility for lenders.
• $40 million working capital and acquisition facility with second lien tranche.
• $38 million asset acquisition for finance company.
• $35 million senior secured, multicurrency and multiborrower syndicated credit facility for public company and domestic and foreign subsidiaries.
• $30 million senior line of credit for lender.
• $30 million credit facility established for syndicate of banks.
• $28 million loan and security agreement for lender.
• $24 million stock acquisition for finance company.
• $24 million senior loan for finance company.
• $23 million senior secured credit facility for finance company.
• $20.5 million senior secured credit facility for finance company.
• $16.5 million acquisition financing for senior lender.
• $15 million mezzanine financing for borrowers.
• $15 million unsecured mezzanine debt with warrants for insurance company.

Clients:
Bank of America, Citigroup, Citizens Banks, JPMorgan Chase, Siemens Financial, Sovereign Bank, TD BankNorth, Wells Fargo, John Hancock, The Hartford, MassMutual, Capital Resource Partners, NewStar Financial, Tower Square Partners, Advent International, Boston Ventures, Halpern Denny, Heritage Partners, Highland Capital, Mainsail Partners, Parthenon Capital, Polaris Ventures, Riverside Partners, Summit Partners, Spectrum Equity