Banking & Finance

Weil’s Banking & Finance practice provides “one-stop shopping” on highly complex financings, offering true international deal execution and local law advice in many of the world’s key financial centers, including New York, London, Paris, Frankfurt, and Hong Kong.

Notable Representations, Key Contacts

Weil is one of a very select group of firms that have both highly-rated borrower/sponsor and lender/arranger practices. We regularly represent corporate borrowers, private equity sponsors, and financial institutions in connection with:
  • Leveraged acquisition and recapitalization transactions
  • Investment grade lending and acquisition finance
  • Syndicated lending
  • Cash flow lending
  • Asset-based lending
  • Loan restructurings
  • Debtor-in-possession financings
  • Exit financings

We work in tandem with lawyers from our global M&A and Private Equity practices to advise clients on all facets of acquisition and other event-driven financings. We also work closely with our preeminent bankruptcy & restructuring practice on debt restructurings and debtor-in-possession and exit financings, as well as to analyze insolvency and collateral risks on new money transactions.

Private Equity Finance

Weil's dedicated Private Equity Finance team works seamlessly across borders, as well as in conjunction with our Private Equity execution team, to provide complete coverage for leveraged private equity transactions.

Institutional Finance

Weil’s Institutional Finance lawyers regularly advise leading global financial institutions as arrangers and underwriters on their most significant investment grade and leveraged financings.

Leveraged Finance

Weil's leveraged finance team routinely represents lenders, underwriters, issuers and borrowers on their most sophisticated, complex leveraged loans and high yield bond offerings.

Investment Grade Finance

Our investment grade finance practice works in close collaboration with lawyers from the Firm’s global M&A practice to provide seamlessly integrated service backed by deep market knowledge.

In particular, we frequently utilize the combined strength of our New York and London platforms to advise corporate borrowers and financial institutions on cross-border transactions.

Selected Representations

Advent International/Nuplex Industries

Advent International in €1.5 billion senior term and revolving multicurrency facilities to finance the take-private acquisition of Nuplex Industries Limited, a manufacturer of chemicals specializing in resins for architectural, industrial and protective coatings, by Allnex Belgium SA/NV (a portfolio company of Advent International), a global producer of coating resins.

AMC Entertainment

  • AMC Entertainment Inc. (a subsidiary of Dalian Wanda Group Co.) in $860 million incremental and bridge facilities to finance in part its $1.1 billion acquisition of Carmike Cinemas, Inc. which created the largest chain of movie theatres in the United States and the world.
  • AMC Entertainment Holdings, Inc. (a subsidiary of Dalian Wanda Group Co.) in $1.3 billion incremental and bridge facilities to finance in part its approximately $1.2 billion acquisition of Odeon & UCI Cinemas Group Limited, the owner and operator of multiplex cinemas in the United Kingdom, Ireland, Italy, Germany, Austria, Portugal and Spain.
  • AMC Entertainment Holdings, Inc. (a subsidiary of Dalian Wanda Group Co.) in an amendment and restatement of its senior secured term facility to incrementally increase commitments by $500 million to finance in part its approximately £921 million acquisition of Odeon & UCI Cinemas Group Limited, and its $1.2 billion acquisition of Carmike Cinemas, Inc.
  • AMC Entertainment Holdings, Inc. (a subsidiary of Dalian Wanda Group Co.) in $675 million incremental term loan and $325 million bridge facility commitments to provide financing related to its $964 million acquisition of Nordic Cinema Group Holding AB.

Black Knight Financial Services

Black Knight InfoServ, LLC (an indirect, partially-owned subsidiary of Black Knight Financial Services, Inc. (formerly known as Lender Processing Services Inc.)), a provider of integrated technology, data and analytics to lenders and mortgage servicers, in its $1.6 billion secured credit facilities.

Barclays/Chesapeake Services Limited

Barclays, as administrative and collateral agent, and Barclays and Credit Suisse, as joint lead arrangers, in $1 billion multicurrency, senior secured credit facilities to finance the merger of equals of Chesapeake (a portfolio company of the Carlyle Group), a manufacturer of packaging products for pharmaceutical and consumer goods, and Multi Packaging Solutions (a portfolio company of Madison Dearborn Partners).

Barclays/Coherent

Barclays, as administrative agent, in €670 million term and $100 million revolving senior secured facilities for Coherent, Inc. (via Coherent Holding GmbH), a developer and marketer of photonics-based solutions to the commercial and scientific research markets, to finance its acquisition of Rofin-Sinar Technologies Inc., a developer of laser-based products for cutting, welding, and marking industrial materials.

Centerbridge Partners/KIK Custom Products

Centerbridge Partners in secured term and asset-backed revolving facilities to finance in part its acquisition of KIK Custom Products, Inc., a provider of pool and spa treatment products and a manufacturer of household and personal care products.

Centerbridge Partners/Senvion

Centerbridge Partners in a €1.1 billion senior credit facility for Rapid Holding GmbH to provide working capital and guarantee facilities in connection with its acquisition of Senvion SE (formerly REpower Systems SE), a manufacturer of onshore and offshore wind turbines.

Citi/Becton, Dickinson and Company

Citi, as sole lead arranger and sole lead bookrunner, in $15.7 billion bridge and term loan facilities, and as lead arranger and bookrunner in $4.5 billion term and revolving working capital facilities, for Becton, Dickinson and Company (BD), a medical technology company, to support BD's $24 billion acquisition of C. R. Bard Inc., a medical equipment maker specializing in the manufacture of vascular, urology, oncology, and surgical specialty products.

Citi/Occidential Petroleum Corporation

Citi, as administrative agent, and Citi and another financial institution, as joint lead arrangers and joint bookrunners, in up to $21.8 billion bridge and term loan facilities and a $5 billion revolving working capital facility to support the pending $57 billion acquisition by Occidental Petroleum Corporation (OXY), a vertically integrated crude oil and natural gas explorer, developer, transporter and marketer, of Anadarko Petroleum Corporation, an explorer for, and acquiror, developer, producer and marketer of oil and natural gas.

CVC Capital Partners/Linxens France

CVC Capital Partners in a €1.5 billion first and second lien covenant-lite term facility to finance its acquisition of Linxens France SA, a designer and manufacturer of smart card connectors. This was the second largest acquisition on the French LBO market in 2015.

Focus Financial Partners

Focus Financial Partners, LLC (at the time a portfolio company of Centerbridge Partners, Summit Partners and Polaris Partners), a partnership of independent wealth management firms and advisors, in $1.2 billion senior secured facilities to finance its approximately $2 billion acquisition by an investor group led by Stone Point Capital and KKR.

General Electric Company

  • General Electric Company in its $19.8 billion unsecured term and revolving credit facilities to refinance existing indebtedness.
  • General Electric Company in a $3 billion revolving facility for Baker Hughes, a GE company, LLC.
  • General Electric Company in financing matters related to its strategic plan to sell most of GE Capital’s assets.

Goldman Sachs/Amazon

Goldman Sachs and another major financial institution, as joint lead arrangers and joint bookrunners, in a $13.7 billion bridge facility to finance Amazon’s acquisition of Whole Foods Market.

Goldman Sachs/Becton, Dickinson and Company

  • Citi, as sole lead arranger and sole lead bookrunner in a $15.7 billion committed bridge facility, and as lead arranger and bookrunner in $4.5 billion term and revolving working capital facilities, for Becton, Dickinson and Company (BD), a medical technology company, to support BD's $24 billion acquisition of C. R. Bard Inc., a medical equipment maker specializing in the manufacture of vascular, urology, oncology, and surgical specialty products.

Goldman Sachs/Conagra Brands

Goldman Sachs, as agent, in $9 billion bridge and term loan facilities to support the $10.9 billion acquisition by Conagra Brands, Inc. of Pinnacle Foods Inc.

Goldman Sachs Credit Partners/Lam Research

Goldman Sachs Credit Partners in a $4.2 billion committed bridge facility to finance the proposed cash and stock acquisition by Lam Research Corporation, a supplier of wafer fabrication equipment and services to the semiconductor industry, of KLA-Tencor Corporation, a provider of process control and yield management solutions.

Great Plains Energy

Goldman Sachs in an $8 billion committed bridge facility to finance the approximately $15 billion cash and stock acquisition by Great Plains Energy Incorporated, a provider of electricity in the Midwest United States, of Westar Energy Inc., at the time the largest electric utility in Kansas.

H&R Block

H&R Block, Inc., a provider of tax preparation and other services, in a $2 billion investment grade working capital facility for its wholly owned subsidiary, Block Financial LLC.

HNA Group/Hilton

HNA Group Co. Ltd., a conglomerate focused on airport and travel services, transportation and logistics, in a senior secured term facility to finance in part its $6.5 billion acquisition of a 25% stake in Hilton Inc., Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc. (collectively, f/k/a Hilton Worldwide Holdings Inc.) from affiliates of The Blackstone Group.

JAB Holding Company/Keurig Green Mountain

JAB Holding Company, as leader of an investment group, and Keurig Green Mountain, Inc., a provider of specialty coffees and of single-cup brewing system coffee makers, in $6.4 billion multicurrency senior secured facilities to finance in part the investment group's $13.9 billion take private of Keurig Green Mountain.

JPMorgan/Microsoft

J.P. Morgan, as sole lead arranger and administrative agent, in a $5 billion senior unsecured revolving credit facility for Microsoft.

JPMorgan/Panera Bread Company

JPMorgan, as administrative and collateral agent, in $3 billion senior secured facilities to finance in part JAB's approximately $7.5 billion take-private of Panera Bread Company, an owner, operator and franchisor of retail bakery-cafes.

Mashantucket Pequot Tribal Nation

Mashantucket Pequot Tribal Nation, the owner of Foxwoods Resort Casino, in its $568 million senior secured credit facilities in connection with the restructuring of $2.3 billion of debt obligations. This transaction was recognized as one of the most innovative matters in Finance in the Financial Times' US Innovative Lawyers Report 2013.

Morgan Stanley/Goldman Sachs/XL Group

Morgan Stanley and Goldman Sachs, as financial advisors and providers of £1.6 billion bridge facilities to XL Group plc, a global provider of property, casualty and specialty insurance and reinsurance, to finance in part its proposed £2.79 billion acquisition of Catlin Group Limited, a provider of specialty property and casualty insurance and reinsurance products.

Morgan Stanley JPMorgan/Tyson Foods

Morgan Stanley and J.P. Morgan in the fully committed bridge facility for Tyson Foods, Inc., to finance its $8.55 billion acquisition of The Hillshire Brands Company, a leader in branded, convenient foods.

Morgan Stanley Senior Funding/Harris Corporation

Morgan Stanley Senior Funding in a $3.4 billion committed bridge facility and a $1.3 billion term facility for Harris Corporation, a maker of communications equipment for defense, government, broadcast and wireless applications, to finance its $4.75 billion acquisition of Exelis, Inc., a developer of information systems for aerospace, defense, surveillance, air traffic and cyber security applications.

Morgan Stanley/Tyson Foods

Morgan Stanley in $4.5 billion committed bridge and $1.8 billion term acquisition-related facilities and a $1.5 billion revolving facility  for Tyson Foods, Inc., a producer and distributor of chicken, beef, pork, prepared foods and related products, to finance, respectively, its $4.2 billion merger with AdvancePierre Foods Holdings, Inc., a producer and distributor of ready-to-eat sandwiches, sandwich components and other entrées and snacks, and its general corporate purposes.

OMERS Private Equity/The Kenan Advantage Group

OMERS Private Equity in $1.05 billion secured, multicurrency credit facilities to finance in part its acquisition of The Kenan Advantage Group, Inc. and Kenan Canada GP, providers of tank truck transporter and logistics services.

RBC Capital Markets/Mizuho Bank, Ltd./Dominion Resources

RBC Capital Markets and Mizuho Bank, Ltd., as joint lead arrangers, joint bookrunners and agents, in a $2.7 billion bridge facility and a $1.2 billion term facility for Dominion Resources, Inc., a diversified utility holding company that supplies electricity and natural gas to markets in the Northeast and Mid-Atlantic regions of the United States, to finance its approximately $4.4 billion acquisition of Questar Corporation, an gas and oil exploration and production company and provider of midstream field, gas transportation, and retail gas distribution services.

The Estée Lauder Companies

The Estée Lauder Companies, Inc., one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products, in its $1.5 billion senior revolving facility.

WPX Energy

WPX Energy, Inc., a domestic energy producer with operations in the western United States, in its $2.0 billion bridge and $250 million incremental facilities to finance in part its acquisition of RKI Exploration & Production, LLC, an oil and natural gas exploration and production company.

Key Contacts

Daniel S. Dokos

Daniel S. Dokos

Partner

New York


Douglas R. Urquhart

Douglas R. Urquhart

Partner

New York

See list of lawyers globally

Shortcut Links

Named Banking “Practice Group of the Year”

Law360 2018

Outstanding…very current with deal terms and market conditions, accessible and easy to work with. They are savvy negotiators.”

IFLR1000 2018

The [Banking & Finance] team is excellent…our go-to shop for legal support.”

Chambers USA 2018

[Weil’s] ‘user-friendly’ team has a ‘great grasp on market trends,’ both from a sponsor and lender perspective."

Chambers UK 2018

Won Global Finance Deal of the Year – Acquisition Finance

2017 AmLaw Global Legal Awards

Awards and Recognition, Speaking Engagements, Firm News & Announcements, Latest Thinking

Awards and Recognition

View all

Firm News & Announcements

View all

Latest Thinking

View all