Eirik E. Tellefsen is an associate in the firm's Corporate & Securities Practice Group. Eirik's practice focuses primarily on banking and other finance transactions, and on M&A transactions.
Representation of Lenders. Since joining the firm, Eirik has negotiated and documented all types of commercial loan transactions, from widely syndicated, multicurrency credit facilities to fully secured asset-based loans, for a diverse group of client, including national and regional banks and other financial institutions. In addition, he has also represented lenders in the restructuring and modification of secured, unsecured, asset-based and subordinated loans.
In addition to representing senior lenders, Eirik has also represented subordinated lenders in numerous financing transactions. Eirik drafts and negotiates loan and security agreements, debt and equity purchase agreements and warrant agreements for Spring Capital Partners II, L.P., New Spring Mezzanine and Boathouse Capital L.P. and also has counseled mezzanine lenders in workout and bankruptcy proceedings.
Representation of Borrowers. Eirik represents a number of private equity investors in structuring, negotiating and documenting financing agreements with senior and subordinated lenders usually in connection with the acquisition of portfolio companies. Eirik also represents public and private companies in connection with senior and subordinated debt facilities and in the restructuring of debt.
Mergers and Acquisitions. Eirik has represented purchasers and sellers in a broad range of transactions involving private company acquisitions in a variety of industries.
Other Financings. Eirik has represented a number of clients in more esoteric financings and restructurings involving structured products, securitizations and tender offers.
In General. Eirik earned his J.D., cum laude, from the University of Pennsylvania Law School where he was managing editor of the University of Pennsylvania Law Review. He received his bachelor's degree, cum laude, in economics with a concentration in finance from The Wharton School of the University of Pennsylvania.
Publications
5/26/2009, Update On Credit Default Swaps
Corporate Insurance and Financial Services Alert
Daniel Krane, Eirik Tellefsen