Ara Dungca
Biography
Overview
Ara Dungca is an associate in the Debt Finance practice of the White & Case New York office.
Ara's practice focuses on the representation of major commercial banks, investment banks, direct lenders, private equity sponsors and corporate borrowers in connection with a wide range of debt financing transactions which are domestic and global in nature, including secured and unsecured syndicated credit facilities, first lien and second lien financings, leveraged acquisition financings, ABL facilities and general bank lending.
Experience
Representation of Vantage Data Centers, a leading global provider of hyperscale data center campuses and wholesale data center infrastructure to large enterprises and hyperscale cloud providers, as borrower, in connection with a US$3 billion multi-asset based revolving credit facility. The financing will be used to fund the ongoing development of Vantage's North America data center platform. This deal won "Digital Infra Financing of the Year" at the 2024 TMT M&A Awards USA.
Representation of Beal Bank, as lender, and its affiliate CLMG Corp., in connection with the US$149.9 million secured loan and refinancing for US-based marine transportation provider Centerline Logistics Corporation. This deal won "Jones Act Deal of the Year" at the 2023 Deal of the Year Awards by Marine Money.
Representation of Broadridge Financial Solutions, Inc. a public fintech company, as borrower, in connection with a US$1.3 billion refinancing of its existing term loan facility.
Representation of Booking Holdings, Inc., a leading provider of online travel and services, as borrower, in connection with the refinancing of its US$2 billion investment grade revolver.
Representation of Blackstone Alternative Credit Advisors LP as lender and joint lead arranger in connection with the US$1 billion senior secured facilities provided to Clearlake Capital to finance the acquisition of Discovery Education, a global education technology company. The financing consisted of US$750 million of initial term loans, US$190 million of delayed draw term loans and US$67.5 million multicurrency revolving loans.
Representation of Nomura Corporate Funding Americas, LLC, as agent and a lender, and representation of Deutsche Bank AG New York Branch, as lender, in connection with the term loan commitment refinancing for BJ's Wholesale Club, a leading north-east membership-only warehouse club chain. As of the date of the refinancing, the outstanding loan facility was US$450 million.
