Eliza Riffe Hollander draws on more than a decade of experience in complex debt financings involving special situations and private credit to devise the capital solutions that clients count on for deals demanding the sharpest judgment and most creative structuring.
Eliza works closely with clients to navigate a wide range of financing matters, from liability management transactions to complex and opportunistic private credit investments. She is also well versed in asset-based lending, junior capital, and preferred equity transactions.
Eliza’s deep experience on both sides of the table allows her to anticipate issues before they arise and find pragmatic solutions. It also gives her a rare perspective on negotiations. Clients appreciate Eliza’s ability to cut through complexity and deliver clear, actionable guidance when the stakes are highest.
Eliza is an active member of the American Bar Association's Secured Transactions Subcommittee and the New York City Bar Association's Commercial Law & Uniform State Laws Committee. She also serves on the Board of Directors of Volunteers of Legal Service (VOLS), reflecting her commitment to expanding access to legal services.
Experience
Liability Management & Restructuring
- Acted for an aerospace and defense portfolio company of a global asset manager in connection with a comprehensive liability management transaction.*
- Acted for Transcendia Holdings, Inc. (a Goldman Sachs portfolio company) in connection with a comprehensive out-of-court restructuring and liability management transaction with over $114 million of third-party new money investments and elimination of over $200 million of funded debt obligations.*
- Counsel to the ad hoc group of second lien lenders in connection with the restructuring of a global contract development and manufacturing organization.
- Counsel to the ad hoc group of second lien lenders in connection with a liability management transaction in the form of a refinancing and uptiering.
- Represented an ad hoc group of second lien lenders and preferred equity holders in connection with an out of court liability management transaction that included over $250 million of new liquidity and recapitalization of a private company’s debt.*
Private Credit & Financing Matters
- Represented the lenders in the financing of the acquisition by Odyssey Investment Partners of Service Champions.*
- Represented the lenders in the financing of the acquisition by Goldman Sachs of People Corporation.*
- Represented the lead arrangers and administrative agent in connection with the unsecured $1.5 billion investment-grade revolving credit facility for Royalty Pharma Holdings Ltd.*
- Represented Under Armour in amending its $1.1 billion credit facility.*
- Represented the lead arrangers and administrative agent in the financing of the acquisition by Protective Industrial Products, Inc. of Honeywell’s Personal Protective Equipment business.*
- Represented the lead arrangers in the financing of the acquisition by Leonard Green & Partners of Lakeshore Learning Materials.*
- Represented successive global asset managers in connection with their preferred equity investment in the portfolio companies of large-cap private equity sponsors.
- Represented a pension fund manager in various loans and preferred equity investment in several data center projects.
*Experience prior to joining Ropes & Gray