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Two Financings Totaling $371 Million for Major Money-center Bank

Represented a major money-center bank in two related financings totaling $371 million, in connection with the acquisition by a leading global private equity investment firm of a portfolio of private equity fund interests and direct co-investments for a purchase price in excess of $1.2 billion.
Represented a major money-center bank in two related financings totaling $371 million, in connection with the acquisition by a leading global private equity investment firm of a portfolio of private equity fund interests and direct co-investments for a purchase price in excess of $1.2 billion. The first transaction involved a term loan of approximately $284 million to a domestic holding entity, and the second consisted of a $50 million revolving line of credit and a term loan of approximately $37 million to a European acquiring entity. We negotiated and simultaneously closed both transactions in two stages, which included no fewer than 19 separate opinions from U.S. and European counsel as to 20 different loan parties.