Advised Conglomerate on $1.5B in Credit Facilities
Represented national food service conglomerate in approximately $1.5 billion of working capital, equipment, real estate and subordinated debt facilities over a multiyear engagement, including a $700 million syndicated financing closed in the most recent year. The credit facilities will support working capital, acquisitions, business expansion and succession planning.
Advised Pharmaceutical Company on $90M Recapitalization
Advised a pharmaceutical manufacturer on a $90 million recapitalization, comprising $65 million in refinanced debt and $25 million in preferred equity. The preferred equity component freed approximately $22 million for a distribution to the company's owners, while structuring the transaction to comply with Medicaid and Medicare regulations.
Ongoing Outside Counsel to Cannabis Company
The firm has assisted a Maryland-based cannabis company on multiple employment law matters, including policy development, training and employee relations and labor issues. The firm also has represented the company in its acquisition of two dispensaries, certain financing matters, various real estate leasing matters and litigation.