Asset-based Lending

Given the size and geographic scope of McGuireWoods — and specifically our ABL group — clients can draw on the combined resources and highly coordinated teams of lawyers representing the largest and most active asset-based lenders in the country — not merely the experience of a few practitioners.

This group comprises more than 27 ABL-focused partners and associates representing national and regional financial institutions in the arrangement, negotiation and documentation of syndicated and single-lender, asset-based credit facilities.

Through our offices in New York, Chicago, Los Angeles, Atlanta, Charlotte and London, the group provides highly coordinated teams of lawyers and paralegals to assist clients in asset-based lending transactions across the United States and Europe, and spanning industries from healthcare, retail, and industrial and consumer manufacturing to technology.

The McGuireWoods ABL group offers equal depth in sponsor-acquisition financing, cross-border and multi-currency credit facilities, traditional and specialized collateral sources, and integration of asset-based facilities with complex borrower capital structures, including subordinated and pari passu high-yield debt, first lien/second lien transactions and tranche B facilities.

Of course, all clients have access to the resources of a firm with more than 1,100 lawyers in 23 offices around the world. We cross borders, practices and industries in the U.S., U.K., Belgium and elsewhere around the world.

Experience

  • CASE STUDY

    Multioffice team closes $350 million transaction for major financial institution client

    McGuireWoods’ asset-based lending group recently closed a $350 million senior syndicated credit facility, with an accordion up to $500 million from an anchor financial institution client to Boise-Cascade L.L.P. and its subsidiaries. This complex transaction was completed in fewer than four weeks out of our Los Angeles office, by a team led by partner Gary D. Samson (Capital Markets, Los Angeles). The team also included lawyers from our Chicago and Charlotte offices.

  • REPRESENTATIVE MATTER

    ABL Lender

    Represented ABL lender in connection with numerous working capital lines for large nursing home and SNF chains.

  • REPRESENTATIVE MATTER

    ABL Lender

    Represented ABL lender in connection with a working capital facility and acquisition term loan for large outpatient surgery center.

Team Leaders

Full Team
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