Jerry Saccone

Counsel

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Practices
Education
  • New York University School of Law, JD, 1979
  • Queens College, The City University of New York, BA, 1974
Admissions
  • New York
Affiliations

Member, Association of Commercial Finance Attorneys

Member, American Bar Association

Jerry focuses his practice on representing lenders in all phases of asset-based lending transactions and related workouts and bankruptcies. These range from sole lender deals of millions of dollars to syndicated transactions of several billion dollars with multiple tranches of secured and unsecured debt and complex intercreditor and interlender relationships.  Jerry has extensive experience with cross-border secured financings, workouts and insolvencies, particularly those involving English law countries, Germany and the Netherlands.  He has also represented lenders in healthcare, retail and consumer finance transactions.

Prior to joining McGuireWoods, Jerry served as assistant general counsel for Bank of America, N.A. from 1985 to 2009 working primarily with the Bank’s ABL group, including for many years as the in-house attorney for the ABL group in London, as well as Canada and the ABL Healthcare group, Consumer Finance group and Factoring group.

In the News

Jerry Saccone
vCard
T: +1 212 548 2126F: +1 212 715 23051345 Avenue of the Americas
7th Floor
New York, NY 10105-0106

Representation of the Agent in a $550 million syndicated asset-based revolving credit facility to US and Canadian borrowers in connection with the acquisition of a distribution business.

Representation of the Lender in a $20 million asset-based revolving credit facility to a consumer products company with retail operations.

Representation of the Agent in a $40 million asset-based revolving credit facility to a manufacturer in the automotive industry.

Representation of the Agent in a $125 million syndicated asset-based revolving credit facility in connection with the acquisition of a manufacturer in the plastics business.

Representation of the Agent in a $400 million syndicated asset-based revolving credit facility in connection with the acquisition of a consumer finance business.

Representation of the Agent in a $100 million syndicated asset-based revolving credit facility to a chain of hospitals.

Representation of the Lender in a $7.5 million secured term loan to a not-for-profit hospital.