Patrick J. Foote is an associate in the finance group. Patrick represents financial institutions, corporate borrowers, private equity sponsors and debt funds in a broad range of domestic and cross-border financing transactions, including whole-business securitizations, syndicated credit facilities, loan note subscription agreements, ABL and unitranche facilities, second lien credit facilities, mezzanine and leveraged financings and high yield bond issuances. Patrick also has experience advising fund clients on a variety of fund level financings, including subscription facilities, NAV facilities and management company lines to investment advisors. Representative clients include Bain Capital, Hamilton Lane, H.I.G. Capital and Constitution Capital Partners.
Prior to joining Ropes & Gray, Patrick worked as a finance lawyer in the Sydney office of a prominent Australian law firm, where he worked on a broad range of transactions including corporate restructures, mergers & acquisitions and convertible note issuances for major Australian banks and private and publicly listed companies. During law school, Patrick excelled academically, receiving Dean’s Merit List commendation in both 2013 and 2015.
Experience
- Represented term loan lenders in connection with a $375 million senior secured term loan to the managed care business of Prospect Medical Holdings, Inc.
- Represented Planet Fitness Inc. on amendments to its whole-business securitization and on its related offerings of asset-backed term and variable funding notes issuances in 2024.
- Represented Tillman Infrastructure, LLC, a leading provider of wireless communication infrastructure, on a $500 million term loan facility with a syndicate of lenders arranged by JPMorgan Chase Bank, N.A.
- Represented H.I.G. Capital in connection with financing for its acquisitions of CHA Consulting, Inc., a full-service engineering, design, consulting, and program management firm.
- Advised a large Australian publicly listed mining corporation in respect of its inaugural secured financing and convertible note issuance (in connection with its acquisition and redevelopment of a Queensland coal mine).*
- Represented a major Australian group operating and owning over 50 cinemas refinance its senior secured working capital facilities.*
- Represented two major international financial institutions in relation to refinancing the secured debt of a major multinational mining conglomerate (via a $350,000,000 ABL facility and a $350,000,000 U.S. bond issuance).*
- Represented a major Australian retail company refinance its working capital facility lines through a $AUD300,000,000 senior secured floating rate note issuance via the Australian capital markets.*
- Advised a major Australian real estate corporate in relation to its capital restructure / refinance of their mezzanine term debt / working capital facilities following its external administration.*
*Experience prior to joining Ropes & Gray