Beverage and Restaurant

Beverage and Restaurant

The syndicated finance group at McGuireWoods includes a strong beverage and restaurant finance team, with deep knowledge of these industries coupled with an extensive history of advising major financial institutions in this area. We regularly advise clients in credit facilities to distributors of beer, wine, spirits and soft drinks, as well as to national restaurant chains and large franchisees.

Since 2007, our beverage team has represented financial institutions on nearly three dozen transactions that constitute more than $2.75 billion in exposure. We have represented the lead arranger in many of these syndicated credit loan transactions. During the same period, in restaurant-related transactions, we have counseled the lead arranger and administrative agent on more than two dozen syndicated credit facilities totaling more than $1.72 billion in exposure. We have also represented financial institutions in non-syndicated, bilateral credit facilities, many of which have been secured by the restaurants and other borrower assets. We frequently handle the debt finance and real estate work in transaction involving multiple restaurant sites that are either leased or owned.

Our representation of financial institutions is further enhanced through our experience representing clients on the other side of dealmaking table. We regularly represent restaurant owners and beverage companies and distributors in their general corporate, acquisition and finance transactions. By understanding the issues and objectives of industry participants, we are in a better position to advise all of our clients, no matter their role in the financing transaction.