- Represented a private debt fund in the refinancing of a financial services company’s existing indebtedness with a $137.8 million term loan, delayed draw term loan, and revolving credit senior secured facility while simultaneously closing on an acquisition for a subsidiary. The financial services company operates in the software and tech services sector.
- Represented a private debt fund in providing a syndicated senior secured credit facilities in the aggregate principal amount of $675 million to refinance the existing debt of the borrower, fund future M&A, and for working capital and general corporate purposes.
- Represented a national bank in a $100 million senior secured credit facility for a global tobacco supplier.
- Represented a private credit lender as the administrative agent to a $60 million term and revolving credit facility with a manufacturer of heavy-duty construction and excavation equipment.
- Represented a Canadian global software company in obtaining $118 million credit facilities in its acquisition of a leading provider of integrated library systems (ILS) and library technology solutions and its subsidiaries.
- Represented a private debt fund in providing a syndicated $498 million senior secured credit facility to a health education services provider, the proceeds of which were used to repay debts and finance dividend payments to equity holders.
- Represented a private credit lender in a $45 million split lien term loan facility for a leading supplier of automotive auxiliary lighting.
- Represented a private debt fund in its refinancing of an AI-powered sales training software company’s existing indebtedness with a $50 million term loan and revolving credit senior secured facility.
- Represented a private debt fund in providing $110 million in additional credit facilities to finance certain upcoming acquisitions by a rapidly growing automotive software provider.
- Represented the agent and lender in a $30 million securitization of trade receivables to an SPE of a global marine transportation provider.
- Represented a lender in a $475 million syndicated financing to a special purpose entity (SPE) of a leading provider of lease-to-own consumer goods.
Chris A. Underwood
Partner,
- Phone: +1 404 881 7586
- Email: chris.underwood@alston.com
Agents and lenders rely on Chris to guide them through their complex secured lending transactions.
- Represented the agent and lender in a $175 million lender finance facility to an SPE of a private credit fund secured by loan receivables in middle and upper market syndicated credit facilities.
- Represented the agent and lender in a $200 million lender finance facility to an SPE of a private credit fund secured by loan receivables in middle and upper market syndicated credit facilities.
- Represented the agent in a $250 million acquisition financing for a software company.
- Represented the agent in a $140 million acquisition financing for a software company.
- Represented the agent in a $135 million recapitalization for a software company.
- Represented the agent in a $55 million acquisition financing for a software company.
- Represented the agent in a $92 acquisition financing for a software company.
- Represented the agent in a $230 million acquisition financing for a software company.
- Represented the agent in a $200 million financing for a software company.
- Represented the agent in a $75 million financing for a software company.
- Represented the agent in a $45 million acquisition financing for a software company.
- Represented the agent in a $127 million take-private acquisition financing for a national restaurant chain.
- Represented the agent in a $180 million take-private acquisition financing for a national restaurant chain.
- Represented the agent in a $225 million debt restructuring for national restaurant chain.
- Represented the agent in a $130 million financing for a quick-service restaurant chain.
- Represented the agent in a $110 million financing for a franchisee of a national restaurant chain.
- Represented the agent in a $96 million financing for a franchisee of a national fitness club chain.
- Represented the agent in a $38 million growth financing for a new restaurant concept.
- Represented the agent in a $28 million acquisition financing of a new restaurant concept.
- Represented the agent in a $67 million debt restructuring for a restaurant and entertainment chain.
- Represented the agent in a $30 million debt restructuring of a regional restaurant chain.
- Represented the agent in a $105 million recapitalization of a manufacturing company.
- Represented the agent in a $65 million debt restructuring for a manufacturing company.
- Represented the agent in an $85 million preferred equity investment and acquisition financing to a propane and petroleum products distributor.
- Represented the agent in a $97 million financing to a financial services education and exam preparation company.
- Represented the agent in a $52 million financing to an online teacher certification company.
- Represented the agent in a $31 million growth financing for an outdoor advertising company.
- Represented the agent in a $88 million recapitalization for a security alarm company.
- Represented the agent in a $15 million second lien acquisition financing in the alarm security industry.
- Represented the agent in a $18.5 million Chapter 11 Debtor-in-Possession financing.
Chris Underwood represents private credit funds, asset management firms and commercial banks as agents and lenders in middle market cash-flow and asset-based credit facilities. He focuses his practice on complex domestic and international leveraged acquisitions, recapitalizations, restructurings and special situations, and growth and expansion credit facilities across a variety of industries, including technology, health care, franchise, restaurant, retail, security alarm, and manufacturing.
Chambers USA: America’s Leading Lawyers for Business has recognized Chris in the Georgia “Banking and Finance” category.
Bar Admissions
- Georgia
Education
- Mercer University (J.D., 2012)
- University of Georgia (A.B., 2006)
Memberships
- St. Anne’s Terrace, Inc., board of directors (2013-2022)
- State Bar of Georgia
- Atlanta Bar Association