Brett Pallin
Biography
Overview
Brett Pallin is a partner in White & Case's Debt Finance practice, based in New York. Brett's practice focuses primarily on representing private equity sponsors and corporate borrowers in relation to a wide range of leveraged, corporate finance and M&A transactions, including domestic and cross-border acquisition finance, asset-based financings, investment grade facilities and dividend recapitalizations. Brett also has extensive experience with liability management transactions and financial restructurings, including debtor-in-possession and exit financings.
Experience
Representation of CVC Capital Partners and its portfolio companies on various financing matters, including (i) ConvergeOne Holdings, Inc. in connection with its exit financings to finance its pre-packaged Chapter 11 case and various other financing matters and (ii) Anchor Glass Container Corporation in connection with various financing matters.
Representation of Macquarie Infrastructure Partners, Inc. and its portfolio companies in various financing matters, including the acquisition financing of DTG Recycle, Washington State's leading independent vertically integrated non-municipal solid waste recycling business and subsequent add-on acquisition financings and incremental financings.
Representation of Oatly, Sweden's leading dairy free lifestyle brand, on its US$430 million financing arrangement, consisting of a private placement of US$300 million convertible PIK notes, US$130 million term loan B credit facility and SEK2.1 billion amended sustainability-linked revolving credit facility.
Representation of a privately owned oil and gas, real estate and technology and contracting enterprise in connection with a restructuring of over US$2 billion of senior, mezzanine and project level indebtedness.
Representation of a private equity firm on the financing for its US$5.3 billion take-private of an international energy-from-waste and industrial waste management services company, consisting of a US$1.435 billion syndicated senior secured term loan facility, a US$440 million senior secured revolving credit facility and US$300 million of senior unsecured notes.*
Representation of a private equity firm in connection with US$470 million of syndicated senior secured financing (consisting of a US$420 million term loan facility and a US$50 million revolving credit facility) for the acquisition of a branded packaging, trim and supply chain solutions company.*
Representation of a private equity firm in connection with US$675 million of senior secured financing (consisting of a US$600 million term loan facility and a US$75 million revolving credit facility) for the acquisition of a company engaged in the utilities service industry and a subsequent US$1.13 billion syndicated senior secured financing (consisting of a US$810 million first lien term loan facility, a US$100 million first lien revolving credit facility and a US$220 million second lien term loan facility) to enable the refinancing of its acquisition financing.*
Representation of a private equity firm in connection with a US$825 million syndicated senior secured financing (consisting of a US$675 million term loan facility and a US$150 million revolving credit facility) to enable the refinancing of existing debt of a publicly-held portfolio company engaged in the consumer products industry.*
Representation of a private equity firm in connection with the syndicated senior secured financing to support a US$5.7 billion transaction involving the co-investment and merger of two portfolio companies of two leading private equity firms.*
Representation of a private equity firm in connection with US$610 million of senior secured recurring revenue financing (consisting of a US$510 million term loan facility, a US$50 million revolving credit facility and a US$50 million delayed draw term loan facility) for the acquisition and merger of three companies engaged in SaaS solutions.*
Representation of a private equity firm in connection with US$675 million of senior secured financing (consisting of a US$600 million term loan facility and a US$75 million revolving credit facility) for the acquisition of a gym franchisee operating over 90 fitness gyms.*
Representation of a private equity firm in connection with US$500 million of syndicated senior secured financing (consisting of a US$425 million term loan facility and a US$75 million revolving credit facility) for the acquisition of a leading independent broker-dealer.*
Representation of a private equity firm in connection with US$380 million of senior secured financing (consisting of a US$240 million term loan facility, a US$40 million revolving credit facility and a US$100 million delayed draw term loan facility) for the acquisition of a leading provider of technology-enabled, customer engagement and content management solutions.*
Representation of a private equity firm in connection with US$252.5 million of senior secured financing (consisting of a US$147.5 million term loan facility, a US$25 million revolving credit facility and a US$80 million delayed draw term loan facility) for the acquisition of a leading provider of residential HVAC, plumbing, electrical and indoor air quality services.*
Representation of a private equity firm in connection with US$395 million of senior secured financing (consisting of a US$345 million term loan facility and a US$50 million senior secured revolving credit facility) for the acquisition of a leading aftermarket parts and accessories manufacturer serving the outdoor recreation market.*
Representation of a private equity firm in connection with US$590 million of senior secured financing (consisting of a US$190 million term loan facility, a US$40 million revolving credit facility and two delayed draw term facilities totaling US$260 million) for the acquisition of an insurance and employee benefits brokerage firm.*
Representation of a private equity firm in connection with US$145 million of senior secured financing (consisting of a US$120 million term loan facility and a US$25 million revolving credit facility) to refinance existing debt of a portfolio company engaged in the manufacturing of complex work platform solutions and to enable its merger with a company engaged in custom chute systems for distribution and manufacturing facilities.*
Representation of numerous privately-held and public corporate borrowers in connection with their financing activities.*
Representation of a global provider of educational travel experiences in connection with a DIP financing and related exit facilities, consisting of a restructuring of more than US$768 million of debt in connection with their prepackaged Chapter 11 cases in the United States Bankruptcy Court for the Southern District of New York after the worldwide shutdown of travel due to COVID-19 negatively impacted their peak tour operating season.*
*Matters worked on prior to joining White & Case.
