Leveraged Finance

With higher leverage comes greater risk but also greater potential return.  Our lawyers recognize this principle and are dedicated to protecting our clients from those risks as well as assisting them in achieving the desired returns through swift, precise and successful execution. 

EXPERIENCE

From lst and 2nd lien credit facilities, mezz debt, high-yield bonds and ABLs, our lawyers are highly conversant and have significant depth and experience in all aspects of leveraged finance. 

We routinely represent financial institutions, investment banks, insurance companies, health care companies, manufacturers, telecommunications concerns, retailers, REITs and other real estate companies, venture capitalists and private investment funds, to name a few.

RECOGNITION AND KNOWLEDGE

Alston & Bird regularly ranks in the top 30 in the Loan Pricing Corporation League Tables for Law Firms in Syndicated Credits.  And we are one of only a handful of law firms that achieve such ranking on both the lender and the borrower side. 

Our lawyers have written and spoken on such topics as “Optimal Utilization of Bank Loans vs. High-Yield Debt,” “CFOs, Beware the Dreaded Make-Whole” and “Rule 144A High-Yield Debt Covenant Packages.”

To keep abreast of industry issues and to contribute to the understanding of issues related to it, we are active in various organizations including  the Loan Syndications and Trading Association, the ABA Subcommittee on the Model High-Yield Indenture and the UCC Subcommittee of the State Bar of Georgia (chair).

OUR VALUE PROPOSITION

Risk and reward – that’s really what it’s all about in the leveraged finance arena.  Through knowledge of the market and understanding the need for swift and precise execution, we can help our clients achieve those rewards while mitigating the risks.