Kirkland Counsels Tiger Rentals on Financing, Corporate Restructuring and Related Agreements

Kirkland & Ellis LLP advised Tiger Rental Group, LLC  on its closing on financing, consisting of a senior first lien term loan with Orion Energy Partners, L.P. and a working capital revolving credit facility with JPMorgan Chase Bank, N.A.

In connection with and to facilitate the financing, the Kirkland team also advised Tiger Rental Group, LLC and its parent company, The Modern Group, Ltd., in connection with a corporate restructuring and related agreements designed to permit Tiger Rental Group, LLC and its subsidiaries to function within a unified capital structure.

Tiger Rentals is a global leader in providing equipment rental and safety services to the energy industry. The company serves a highly diversified customer base including major oil companies, refiners and petrochemical companies, and energy services companies. The full release is here.

The Kirkland team was led by debt finance partners Will Bos and Mary Kogut; and included corporate partners Adam Larson and Bradford Rossi and associates Jordan Roberts, Leon Johnson and John Zarbock; and tax partner Russell Light and associate Joe Tobias.