Biography

Richard Riles is an associate in Weil’s Banking & Finance practice and is based in Dallas. Richard participates in advising borrowers and leading private equity sponsors in a variety of financing transactions, including first and second lien credit facilities, middle market and large cap financings, cross-border and domestic acquisition financings and debt restructuring transactions.
Richard has been part of the teams advising:
- AMC Entertainment Holdings, Inc. in its successful out-of-court restructuring which included various capital raising efforts that yielded over $1.5 billion of cash and other liquidity improvements and the reduction of AMC’s debt load by more than $550 million.
- Berkshire Partners in its recapitalization of National Carwash Solutions Inc. (a portfolio company of AEA Investors).
- Culligan International Company (a portfolio company of Advent International) in $350 million first lien term facilities to finance in part, and among other purposes, its $1.1 billion take-private acquisition of AquaVenture Holdings Limited.
- Culligan International Company (a portfolio company of Advent International) in an incremental first lien term facility.
- Culligan International Company (a portfolio company of Advent International) in an incremental second lien term facility to finance, in part, its acquisition of Harvey Water Softeners Limited and to repay existing indebtedness.
- Culligan International Company (a portfolio company of Advent International) in its $6 billion sale to BDT Capital Partners, with Advent reinvesting on a minority basis.
- EP Energy Corporation in a $315 million senior secured superpriority debtor-in-possession facility to finance business operations during its chapter 11 bankruptcy proceedings and a $629 million reserve-based revolving facility to finance business operations upon emerging from its chapter 11 bankruptcy proceedings.
- Fieldwood Energy LLC (n/k/a QuarterNorth Energy Holding Inc.) (a portfolio company of Riverstone) in its $60 million senior secured debtor-in-possession facility to provide liquidity during its prepackaged chapter 11 bankruptcy proceedings; a $100 million senior secured debtor-in-possession facility to finance business operations during its chapter 11 bankruptcy proceedings; $1.8 billion amended and restated first and second lien facilities to finance operations upon its exit from bankruptcy proceedings; and $119 million first lien exit term, $185 million second lien exit term and $200 million senior secured revolving facilities to finance its business operations upon emerging from chapter 11 bankruptcy proceedings and to refinance existing indebtedness.
- GI Partners in senior secured facilities to finance its acquisition of Vast Broadband.
- Goldman Sachs, as administrative agent and lead arranger, in $160 million senior secured facilities to finance Endurance Engineering Partners' acquisition of Westwood Professional Services, Inc.
- J.Crew Group, Inc. in a $400 million senior secured debtor-in-possession facility to finance business operations during its chapter 11 bankruptcy proceedings; and a $400 million senior secured term exit facility and a new $400 million ABL revolving facility to finance business operations upon emerging from its chapter 11 bankruptcy proceedings.
- JPMorgan, as administrative agent, in an amendment that refinanced the existing credit facilities of JACOBS DOUWE EGBERTS International B.V. and Tea Forté Inc. (both subsidiaries of JACOBS DOUWE EGBERTS Holdings B.V.) to provide an investment grade facility.
- Ontario Teachers’ Pension Plan and its portfolio companies in transactions involving PhyMed Management LLC and Plano Molding Company.
- Serta Simmons Bedding LLC (a portfolio company of Advent International) in a $1.05 billion super-priority senior secured term facility, as part of a recapitalization that eliminated debt and provided liquidity.
- Software Luxembourg Holding S.A. in $520 million first and second lien exit facilities to finance business operations upon emerging from its chapter 11 bankruptcy proceedings.
Richard received his J.D. from Vanderbilt University Law School and his B.A. from The University of New Orleans.
Firm News & Announcements
Firm News & Announcements
- Weil Advised Aterian Investment Partners in its Acquisition of Allentown, LLC Deal Brief — May 11, 2022
- SMU Law’s COVID-19 Helpline Recognized by State Bar of Texas in 2021 Firm Announcement — June 25, 2021