Jay J. Kim
Jay is a corporate partner in New York and former co-head of the global Finance Group. Jay focuses on leveraged finance, cross-border financings and other complex structured transactions, including acquisition finance commitments, syndicated bank financings, high yield bond offerings, junior capital and direct lending. Jay regularly represents Advent International, The Blackstone Group, CCMP Capital, Thomas H. Lee Partners, TPG Capital and other leading private equity sponsors in leveraged buy-outs and corporate issuers with their financing needs.
Jay is recognized by Chambers Global: The World’s Leading Lawyers for Business as a leading attorney in Banking and Finance who “thinks five steps ahead of the deal” and is recognized as “very creative, smart and tenacious” by Chambers USA: America's Leading Lawyers for Business.
- The Blackstone Group and Change Healthcare, Inc. in $6.6 billion of financing, including $5.6 billion of senior credit facilities and $1.0 billion of high yield bonds, in relation to the creation of a new information technology company by Blackstone, Change Healthcare Holdings, LLC and McKesson Corporation.
- CCMP Capital on its $1.025 billion of 1st and 2nd lien credit facilities in relation to its acquisition of Truck Hero, Inc.
- Advent International and Genoa, a QoL Healthcare Company, in $1.3 billion financing in relation to Advent’s acquisition of Genoa and Genoa’s dividend recapitalization transaction.
- West Corporation, a public company affiliated with THL Partners, on over $2.2 billion of term loan financing and senior secured high yield bonds to refinance existing term loans.
- Advent International on its $300 million unitranche credit facilities in relation to its acquisition of Ansira Holdings, Inc.
- Milacron LLC, a CCMP Capital portfolio company, on its $947 million to term loan financing to refinance existing term loans and high yield bonds.
- Party City (PC Nextco Holdings, LLC), a public company affiliated with THL Partners, on approximately $2.6 billion of ABL credit facilities, term loan facilities and high yield bonds.
- The Blackstone Group on its $370 million financing in relation to its acquisition of China-based Pactera Technology International.
- The Weather Channel Companies on its $4.125 billion in aggregate financing including $1.8 billion financing on its acquisition by The Blackstone Group and Bain Capital, together with NBC Universal, of The Weather Channel Companies and $2.325 billion of refinancing and recapitalization transactions.
- Liberty Global on its €2.66 billion offering of high yield bonds in relation to its acquisition of Unitymedia, Germany's second-largest communications services provider.
- TPG Capital on its $1.62 billion financing in relation to its acquisition of Par Pharmaceutical Companies Inc.
- Dunkin’ Brands on its $1.975 billion financing for the leveraged recapitalization and the refinancing of its “whole business securitization.”
- Video interview, Discussed trends in leveraged finance, including the delayed impact of 2013’s Leveraged Lending Guidance, a pressurized second lien market and market implications for PE firms, The Deal (March 27, 2015)
- Quoted, “Banks Find No Relief in New Leveraged Lending Guidance,” Law360 (November 12, 2014)
- Quoted, “Fed’s Leveraged Lending Guidance Dings Traditional Banking,” Law360 (October 28, 2014)
- Video interview, Discussed banks, leverage limits and covenant-lite financing in light of Leveraged Lending Guidance, The Deal (February 12, 2014)
- Video interview, Discussed the distinction of PIK toggles at a holding versus operating company level and the effects of quantitative easing on credit markets, deal valuations and private equity, The Deal (February 11, 2014)
- Webcast panelist, “Deal Financing Uncovered,” The Deal (April 28, 2011)
- Quoted, “Q&A With Ropes & Gray’s Jay Kim,” Law360 (February 3, 2010)
- Panelist, “Direct Lending and Alternative Capital,” Practising Law Institute Leveraged Finance 2017 Conference (May 2017)
- Panelist, “Developments in Deal Financing Technologies,” Tulane University Law School 27th Annual Corporate Law Institute (March 2015)