Wade M. Kennedy Partner

Wade is the head of the firm's asset based lending group. He focuses his practice on representing lead financial institutions in complex syndicated credits to asset based and leveraged borrowers.

He has significant experience documenting asset based credit facilities in the context of sponsor-driven acquisitions, unitranche facilities and working capital, high yield/term debt and first lien/second lien transactions. In addition, his practice encompasses representing national financial institutions in single and multicurrency credit facilities, cross-border financings and other leveraged finance and cash flow transactions.

Wade is also a co-coordinator and instructor for the Banking and Finance department’s Associate Training Program. He is a regular presenter at various firm and client educational programs, including, most recently, “Current Developments in First Lien/Second Lien Intercreditor Agreements” and “Bankruptcy and Restructuring Issues in Asset Based Credit Facilities and Intercreditor Arrangements”.

Wade also provides pro bono representation of various educational and environmental organizations in formation and financing matters and application for tax-exempt status.

Experience

Represented Bank of America, N.A., as agent, in a syndicated $1 billion asset based credit facility to a national book and electronics retailer.

Represented Bank of America, N.A., as agent, in a syndicated $400 million asset based credit facility in connection with a sponsor acquisition of a national financial services company.

Represented Bank of America, as agent, in a syndicated $125 million asset based credit facility in connection with a sponsor acquisition of a national plastic container company.

Represented Bank of America, N.A., as agent, in a syndicated $300 million asset based credit facility to national pipe manufacturing company.

Represented Wells Fargo Capital Finance in a syndicated $400 million asset based credit facility to a regional metal recovery and recycling company.

Represented Wells Fargo Capital Finance in a syndicated $250 million asset based credit facility to a national paper company.

Represented BMO Harris Bank N.A., as agent, in a $165 million asset based credit facility to a national private label food producer.

Represented BMO Harris Bank N.A., as agent, in a $75 million asset based credit facility in connection with a sponsor acquisition of a national specialty polymers company.

  • Illinois
  • North Carolina

Selected for inclusion as a "Leading Lawyer," Commercial Lending: Advice to Lenders, Illinois, Legal 500 US, 2018

  • University of Michigan Law School, JD, 1989
  • St. Lawrence University, BA, cum laude, 1986

Board Member; Chair, Development Committee, Commercial Finance Association Education Foundation

Member, American Bar Association

Member, North Carolina Bar Association

Member, Association of Commercial Finance Attorneys

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