Capital is the lifeblood of any business. For borrowers, the efficient flow of capital means that they can pursue new initiatives, develop new products, enter new markets, and offset predictable and unpredictable changes in income. For lenders, providing access to capital is the very heart of their business model. Both parties profit when an effective balance between risks and rewards is achieved.
McGuireWoods’ commercial lending group represents arrangers, purchasers, lenders, sponsors and other providers of a broad variety of debt instruments and other credit products. We regularly negotiate and document senior loan facilities (including leveraged/cash flow, asset-based and investment-grade products), second lien loan facilities, mezzanine loan facilities and bridge loan facilities. We also advise clients in acquisition financings, recapitalizations, restructurings, exchange offers, workouts, and financing of general working capital requirements, as well as cross-over transactions.
We are familiar with market practices for syndicating loan facilities in the bank and institutional lender markets for mid-cap and large-cap companies. We also have extensive experience arranging credits for early stage companies and working with individual banks and other specialty lenders and in clubbed transactions.
Our focused commercial lending teams are located throughout the country, including McGuireWoods’ Atlanta, Charlotte, Chicago, Los Angeles, Richmond, New York and Tysons Corner offices. We have negotiated financing deals in all regions of the United States and, in conjunction with lawyers from the firm’s London and Brussels office, we regularly work on cross-border transactions. Through our long-established relationships with experienced commercial finance practices and other advisors worldwide, our reach extends across Europe and Asia.
Drawing on the extensive resources of our full-service firm, we work closely with McGuireWoods’ project finance, structured finance, real estate development and finance, restructuring and insolvency, tax, and labor and employment groups to provide coordinated guidance that takes into account our clients’ broader regulatory and business concerns. Likewise, we make every effort to understand our clients’ industries, and have developed particular focus on healthcare, telecommunications, media, energy, retail, financial services, technology and manufacturing businesses.