Damian P. Ridealgh

Biography

Damian Ridealgh
Damian Ridealgh is a partner in Weil’s Banking & Finance practice and is based in New York. His practice focuses on advising private equity sponsors, credit funds and other financial institutions in complex U.S. and European financings covering acquisitions, leveraged buy-outs, restructurings, fund financings and asset-based lending.

Recent Representations

  • Ashford Hospitality Trust, Inc. (AHT) in $450 million senior secured term facility commitments for Ashford Hospitality Limited Partnership, the operating partnership of AHT.
  • Affiliates of Hayfin Capital Management, as lender and agent, in a $50 million initial term facility and a $25 million delayed draw term facility for MiMedx Group, Inc. and, together with EW Healthcare Partners, a concurrent aggregate $100 million convertible preferred equity investment in MiMedx.
  • Hayfin Capital Management, through Hayfin Services, as administrative and collateral agent, in a senior secured debtor-in-possession term facility for Avadim Health, Inc. to finance business operations during Avadim's chapter 11 bankruptcy proceedings.
  • 24 Hour Fitness Worldwide, Inc. in a $500 million superpriority senior secured debtor-in-possession facility to finance business operations during its chapter 11 bankruptcy proceedings.
  • Emerge Energy Services L.P. (a portfolio company of HPS Investment Partners) in a $100 million secured revolving facility to finance operations upon its exit from bankruptcy proceedings.
  • Forest City Enterprises, L.P. (a subsidiary of Brookfield Properties (Brookfield Asset Management)) in an amended $1.2 billion senior secured term facility to reprice and refinance existing indebtedness.
  • Citi, as global coordinator, sole lead arranger and physical bookrunner, in $1 billion first and second lien multicurrency facilities for Environmental Resources Management and certain of its subsidiaries (ERM) (a company within OMERS Private Equity Portfolio) to refinance existing indebtedness.
  • Estrella Media, Inc. (f/k/a LBI Media, Inc.) in a debtor-in-possession facility to provide liquidity during its chapter 11 bankruptcy proceedings and a $180 million senior secured term facility to finance operations upon its exit from bankruptcy proceedings.
  • Brookfield Property Partners L.P. (a publicly traded company owned, in part, by Brookfield Asset Management Inc.) in $6.4 billion secured facilities to finance in part its $14.4 billion acquisition of GGP Inc. (f/k/a General Growth Properties Inc.).
  • Howden Group Holdings Limited (f/k/a Hyperion Insurance Group Limited) in $1.8 billion first and second lien multicurrency facilities to finance the acquisition by Dual North America, Inc., Howden's specialist underwriting arm, of Align Financial Holdings, LLC.
  • Walgreens Boots Alliance, Inc. in first and second lien term and revolving facilities to finance the $1.4 billion take-private, by a new company formed by KKR and Walgreens, of PharMerica Corporation.
  • Dun & Bradstreet Corporation (a subsidiary of Dun & Bradstreet Holdings, Inc., public company backed by an investor consortium led by THL Partners, Cannae Holdings, Black Knight and CC Capital) in a $460 million incremental secured term facility, to redeem in full certain of its senior first lien notes.
  • Angelica Corporation in its $65 million asset-based, revolving debtor-in-possession facility to provide liquidity during its bankruptcy proceedings.
  • Scripps Interactive Networks in the financing for its acquisition by Discovery Communications.
  • EQT Infrastructure in a $350 million first lien ABL revolving facility and in $325 million second lien secured notes to finance its acquisition of Direct ChassisLink Inc. and Direct ChassisLink, Inc. in $900 million first lien ABL and $325 million second lien term commitments to finance its acquisition of approximately 72,000 chassis and related customer contracts and hosting agreements from TRAC Intermodal, LLC.
  • JAB Holding Company in $6.4 billion secured, multicurrency credit facilities to finance its acquisition of Keurig Green Mountain, Inc.
  • CPPIB Credit Investments III, as lender, in a $70 million senior secured term facility for David's Bridal, LLC.
  • GHK Capital Partners in senior secured facilities to finance its acquisition of ITS Logistics, Inc.
  • EQT Infrastructure in first and second lien senior secured multicurrency facilities to finance its acquisition of WASH Multifamily Laundry Systems, LLC and its subsidiary, Coinamatic Canada Inc.
  • Angelo, Gordon & Co. in senior secured credit facilities for the Claire’s Stores, Inc. group (a portfolio company of Apollo Global Management).
  • GSO Capital Partners (n/k/a Blackstone Credit) in its debt financing of The Giant Cement Group.
  • BlueMountain Capital in its financing of a sponsor-owned healthcare company.
  • A major financial institution in senior secured facilities for Valitás Health Services, Inc., Corizon Health, Inc. and Corizon LLC (portfolio companies of Beecken Petty O’Keefe & Company).
  • Blackstone in its strategic investment in, and financing of, The PMI Group, Inc.
  • Brookfield Asset Management in $4.25 billion bridge, term and revolving facilities to finance in part its $11.4 billion acquisition of Forest City Realty Trust Inc. (n/k/a Brookfield Properties)
  • Hyperion Insurance Group Limited (a portfolio company of General Atlantic) in its $750 million term facility and £85 million revolving facility to finance its acquisition of R K Harrison Holding Limited.
  • Ad Hoc Group of Lenders to Energy & Exploration Partners in a senior secured debtor-in-possession term facility to finance Energy & Exploration Partners, LLC during its bankruptcy proceedings.
  • Tailwater Capital, as, together with EIG Global Energy Partners, a sponsor of Southcross Holdings LP (c/k/a Southcross Energy), in senior secured debtor-in-possession facilities to finance Southcross during its bankruptcy proceedings.
  • CFG Holdings Ltd (Cayman Islands) in an asset-based revolving facility to finance its consumer lending business.

Damian is recognized as a “Notable Practitioner” for Banking in the U.S. by IFLR1000.

Damian joined Weil in September 2014 from another major international law firm, where he was a partner in the New York office and led the U.S. Banking Group. He is qualified as a U.S. lawyer and an English solicitor and worked in London until 2003, when he moved to New York to join a large New York-based law firm, where he made partner in 2007.

Awards and Recognition, Firm News & Announcements

Awards and Recognition

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