Leveraged Finance

leveragefinance

In a continually evolving financial landscape, Ropes & Gray provides the leadership and global financing experience to help clients succeed.

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“A phenomenal firm.” “This team is made up of thoughtful and responsive attorneys, who do a good job of taking a holistic approach in complex matters.” Client, Chambers USA

Overview

The right capital structure and financing terms are critical to achieving investment objectives in the highly-leveraged world. With our finger on the pulse of the latest market trends and creativity to forge cutting-edge technologies, we offer clients a competitive advantage.   

The strength of our practice across borders provides clients with a global single-point access to a leading leveraged finance platform:

  • Acquisition financings
  • Syndicated credit facilities
  • High-yield bond offerings
  • Bridge financings
  • Mezzanine financings
  • Asset-based financing structures, including ABL facilities, asset-monetization and whole company securitizations

Clients

  • Altamont Capital
  • American Industrial Partners
  • Audax Group
  • Bain Capital
  • Baring Private Equity Asia
  • Berkshire Partners
  • The Blackstone Group
  • Castanea Partners
  • CCMP Capital
  • Charlesbank Capital Partners
  • Cressey & Co.
  • Genstar Capital
  • Golden Gate Capital
  • Hellman & Friedman
  • H.I.G. Capital
  • KarpReilly
  • Kohlberg & Co.
  • Madison Dearborn Partners
  • Metalmark Capital
  • Silver Lake Partners
  • Thoma Bravo
  • TPG Capital
  • TSG Consumer Partners
  • Welsh Carson Anderson & Stowe

Experience

  • Advised Bain Capital in connection with the financing for its acquisition of World Wide Packaging and a Chinese packaging manufacturer.
  • Advised Canada Pension Plan Investment Board in connect with its acquisition financing of Tesco/Homeplus in South Korea. [Named Deal of the Year in 2015/2016 by multiple publications including the Asian Lawyer, The American Lawyer, Asian-Mena Counsel and Asian Legal Business.]
  • Advised Bain Capital on the sale by Toshiba Corp. of its semiconductor business to a group that includes Apple Inc., Seagate, Kingston, Hoya, Dell Technologies Inc. and SK Hynix, valued at ¥2 trillion. It is the largest leveraged buyout and private equity deal ever in Asia, and also among the most complex M&A transactions globally in 2017 and 2018.
  • Advised American Industrial Partners in connection with obtaining $1.23 billion of debt financing for its acquisition of Moly-Cop, the largest manufacturer and supplier of grinding media to mining operations worldwide.
  • Advised Bain Capital in connection with obtaining debt financing for its acquisition of Blue Coat Systems, an IT security solutions provider.
  • Advised Bain Capital in connection with obtaining debt financing for its acquisition of TI Automotive Systems, a leading provider of fluid storage, carrying, and delivery systems to automotive manufacturers.
  • Advised Bain Capital in connection with obtaining debt financing for its acquisition of Innocor, Inc., a leading designer and manufacturer of advanced foam products for the bedding industry.
  • Advised Bain Capital in connection with obtaining financing for its purchase of a controlling stake in MKM, the UK’s largest independent builders’ merchant.
  • Advised Bain Capital in connection with obtaining financing for a controlling stake in MKM, the UK’s largest independent builder’s merchant.
  • Advised Baring Private Equity in connection with obtaining financing for the acquisition of a 40% stake in Weetabix and the financing for its leveraged acquisition in a Japanese business.
  • Advised Berkshire Partners in connection with obtaining debt financing for its acquisition of Masergy Communications, the largest independent software defined networking platform in the world.
  • Advised CCMP Capital Advisors in connection with obtaining financing for the acquisition of a controlling interest in Truck Hero, a leading provider of highly functional aftermarket accessories for pickup trucks and Jeeps.
  • Advised Golden Gate Capital in connection with obtaining $565 million in debt financing for its acquisition of Bob Evans Restaurants, owner and operators of more than 500 family restaurants in the Untied States.
  • Advised Golden Gate Capital in connection with obtaining financing for the acquisition of Cole-Parmer, a leading designer, manufacturer, and distributor of specialty lab equipment with particular expertise in fluid-handling, test and measurement, and electrochemistry.
  • Advised Intermediate Capital Group in connection with obtaining $5.3 billion in debt financing for the acquisition of Visma, a leading supplier of business software and services. 
  • Advised Kohlberg & Co. in connection with obtaining financing for the acquisition of CIBT Global, Inc., a provider of travel visa and immigration services to corporations, travel management companies, and individuals.
  • Advised Samsonite in structuring and obtaining $1.25 billion of term loan A financing, $675 million of term loan B financing and $500 million in revolving commitments in connection with its acquisition of Tumi.
  • Advised Silver Lake Partners in connection with obtaining $4.5 billion in debt financing for its acquisition of SolarWinds, a leading provider of powerful and affordable IT management software.
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