H.T. Flanagan, P.C.

Private Credit and Other Credit Opportunities

• Bedrock Industries Management Co. in its provision of a five-year $150 million debt and structured equity financing for Aymium, a producer of renewable biocarbon products.
• Hayfin Capital Management in various matters, including:
  • in its concurrent debt, including the provision of new senior secured credit facilities, and convertible preferred equity investment in MiMedx Group, a publicly traded healthcare company.
  • in connection with bespoke debt and hybrid equity financing arrangements for Paradigm Spine, LLC.
  • in multiple debt financing transactions for Avadim Health, Inc., including a senior secured debtor-in-possession term loan facility to finance business operations during Avadim’s Chapter 11 bankruptcy proceeding.
  • in its concurrent debt, including new senior secured credit facilities and intercreditor arrangements, and equity investment in a confidential e-commerce company.
  • in its provision of senior secured acquisition financing in support of a confidential portfolio company of Hildred Equity Partners.
  • in its provision of a senior secured term loan financing for a confidential technology company.
• CPPIB Credit Investments in various matters, including:
  • in multiple debt financing transactions and intercreditor arrangements for a confidential construction services company.
  • in a subordinated term loan facility and intercreditor arrangements for a confidential entertainment company.
  • in connection with its participation in a unitranche financing for OTG Management.
  • in connection with its participation in a unitranche financing for Rumbleon, Inc.
• Apollo Credit in its provision of a senior secured term loan facility to finance a dividend recap for a confidential sponsor backed retail company.
• Fortress Investment Group in connection with a senior secured acquisition financing provided to a sponsor backed home improvement retailer.
• Sixth Street Partners in a bespoke split priority debtor-in-possession term loan facility for Clovis Oncology, Inc., a publicly traded pharmaceutical company.
• Angelo, Gordon & Co. in the provision of senior secured credit facilities for a confidential pharmaceutical company.
• PennantPark Advisors in certain secured credit facilities provided to The Blue Bird Group, a portfolio company of HIG Capital.
• Trive Capital in connection with its secured unitranche convertible loan financing (including bespoke intercreditor arrangements) provided to Terraboost Media Inc.
• Silver Point Capital, L.P., in connection with numerous confidential potential capital solutions opportunities.
• MC Credit Partners in connection with a senior secured credit facility (including a bespoke AAL) to support One Equity Partner’s acquisition of Omni Environmental Services.
• Citi, as lender, arranger and agent, in the provision of different credit facilities, including acquisition financings, for various confidential clients in the healthcare, dental and beverage distribution industries.
• Tailwater Capital in the provision of a unitranche senior secured debtor-in possession credit facility to finance Southcross during its bankruptcy proceedings.
• Blackstone, as lender, in connection with a confidential second lien financing.
• Fir Tree Partners and Crestline Capital in connection with their special situations investment in Emerald Oil.
• An ad hoc first lien term lender group in connection with the provision of debtor-in-possession financings and related restructuring matters, for GenesisCare.
• Club of private credit funds in a senior secured debtor-in-possession credit facility to Energy & Exploration Partners during its bankruptcy proceedings.
• Tailwater Capital in the provision of a unitranche senior secured debtor-in-possession credit facility to finance Southcross during its bankruptcy proceedings.

Liability Management

• J. Crew in connection with its market defining liability management transactions.
• DE Shaw in connection with new money first and second lien term loan facilities to support a confidential liability management transaction for a sponsor backed health and wellness company.
• An ad hoc first lien term lender group in the provision of a new super senior secured credit facility for, and in an out-of-court restructuring of, the capital structure of Covis Pharma, a portfolio company of Apollo Global Management, Inc.
• The first lien lender group, including BlueMountain Capital, in super senior secured financings, debt exchanges and other liability management transactions for a confidential sponsor-owned healthcare company.
• An ad hoc group of secured lenders to Onyx Centersource in connection with various liability management transactions.
• Healogics, Inc., a leading provider of advanced wound care, in connection with its debt for equity exchange and new senior secured credit facilities.
• The Brock Group in liability management transactions involving debt exchanges and new ABL credit facilities.
• Medmen Enterprises in connection with novel liability management transactions involving existing convertible notes and senior secured term loan facilities, together with a new money recapitalization.
• The Greenrose Holding Company in connection with a super senior term loan facility and its contested liability management transaction.

Private Equity and Other Borrower Finance

• J. Crew (a portfolio company of TPG and Leonard Green) in connection with various term loan and ABL: financings, as well as senior secured debtor-in-possession credit facilities in connection with its Chapter 11.
• Searchlight Capital Partners on its first and second lien credit facilities to finance its acquisition of Integrated Power Solutions, as well as various add on acquisition financings subsequent to the initial leveraged buyout.
• Lee Equity Partners on senior secured credit facilities to finance its acquisition of The Living Company.
• Culligan International (an Advent International portfolio company) on various acquisition financings.
• Multiple confidential portfolio companies of Ontario Teachers Pension Plan in connection with various debt financing transactions.
• American Securities in connection with senior secured credit facilities to finance its take-private acquisition of Air Methods.
• CCMP Capital in connection with first and second lien credit facilities to finance its acquisition of Shoes For Crews, as well as various add on acquisition financings subsequent to the initial leveraged buyout and various liability management transactions.
• Cascade Environmental (a portfolio company of TruArc Partners) in various acquisition and other confidential debt financing and structured capital transactions.
• Topgolf International (a portfolio company of Providence Equity) in connection with senior secured credit facilities to finance certain strategic growth initiatives.
• Providence Equity in connection with senior secured credit facilities to finance its acquisition of Abacus Data Systems.
• TA Associates in connection with senior secured credit facilities to finance its acquisition of PDI.
• Hellman & Friedman in connection with a confidential special situations transaction.
• All Year Holdings in connection with senior secured debtor-in-possession credit facilities to support a 363 sale process of certain assets.
• Claires Group Ince. in connection with a senior secured debtor-in-possession ABL facility provided during its Chapter 11 restructuring.
• Golfsmith in connection with certain debtor-in-possession related financing issues during its cross border bankruptcy cases.
• Adentro, a portfolio company of Atomic, in connection with a senior secured term loan to finance working capital needs.
• Li-Cycle, a leading global lithium-ion battery resource recovery company, in connection with a senior secured convertible notes financing and certain other related transactions.
• Survios, Inc., a leading video game developer, in a novel new money structured capital financing and consensual modifications to an existing secured credit facility.

*Matters prior to joining Kirkland