Christoffer Adler
Partner, Los Angeles
Biography
Overview
Chris is a partner in White & Case's Debt Finance group, based in Los Angeles. His experience includes advising major commercial banks, investment banks, financial institutions, private equity sponsors and corporate borrowers in relation to domestic and cross-border leveraged acquisition financings, mezzanine financings, financial restructurings, investment grade facilities, DIP facilities and general bank lending.
Chris also has experience working as an associate in the Firm's Stockholm office.
Bars and Courts
California
Education
LLM
USC Gould School of Law
LLM
Stockholm University
Sweden
Languages
English
Swedish
Experience
- Representation of JPMorgan Chase Bank, N.A. as Administrative Agent, Collateral Agent, a Lender and an Issuing Bank, in connection with US$1 billion senior secured credit facilities provided to Dayforce, Inc. (f/k/a/ Ceridian HCM Holding Inc.) The US$1 billion senior secured credit facilities are comprised of term loans in an aggregate principal amount of US$650 million and a US$350 million revolving credit facility. Proceeds from the term loans were used to repay and terminate the company's existing senior secured credit facility and the revolving facility can be used for working capital and general corporate purposes. Dayforce, Inc. is a global human capital management software company providing a platform for human resources, payroll, benefits, workforce management, and talent management functionality.
- Representation of Deutsche Bank Securities Inc., as left joint lead arranger, on senior secured first lien credit facilities provided to finance the approximately US$4 billion acquisition and take-private of Covetrus, Inc. by funds affiliated with Clayton, Dubilier & Rice and TPG Capital.
- Representation of the Lenders in connection with the restructuring of the financing among USAVFlow Limited, as Borrower, Avianca Holdings S.A. and its subsidiaries as guarantors and/or receivables sellers and the Lenders, in connection with the Chapter 11 bankruptcy filing of Avianca Holdings S.A. in May of 2020 amidst the historic airline industry disruption brought about by Covid-19.
- Representation of Citibank and Delaware Trust Company, as agents, in connection with a US$200 million term loan facility provided to TravelCenters of America Inc.
- Representation of Barclays Bank PLC, as lead arranger, administrative agent and collateral agent, in connection with a US$335 million senior secured term loan facility and a US$50 million senior secured asset-based revolving credit facility made to Gravity Oilfield Operating LLC (Gravity), a leading water and energy infrastructure company backed by affiliates of Clearlake Capital Group. The loan facilities were used to refinance Gravity's existing credit facilities and finance its acquisition of On Point Oilfield Holdings, LLC from White Deer Energy.
- Representation of Morgan Stanley, as administrative agent and lead arranger, in connection with the arrangement of senior secured credit facilities to fund the acquisition of the sports content company Perform by STATS LLC (a Vista Equity Partners portfolio company).
- Representation of Jefferies as lead bank in connection with the arrangement of senior secured credit facilities to finance the management leveraged buyout supported by Novalpina Capital of the Luxembourg headquartered cyber intelligence company NSO Group.
- Representation of Pilot Travel Centers LLC, a leading operator of travel centers and travel plazas in North America, as finance counsel, in connection with US$4.2 billion senior secured credit facilities in the form of a Term Loan A facility, a delayed draw Term Loan A facility and a revolving facility, incurred to refinance Pilot's existing credit facilities.
- Representation of Investindustrial VI L.P., a leading European private equity firm, with the financing in connection with the acquisition of Jupiter Holding I Corp., a global manufacturer of premium spas, swim spas, whirlpool, soaker and walk-in bathtubs and related bathroom products and accessories, operating under such brands as Jacuzzi®, Sundance®, Dimension One Spas®, Hydropool®, ThermoSpas® and BathWraps®.
- Representation of Harvest Partners with financing in connection with its acquisition of Material Handling Services, the largest U.S. provider of brand-independent fleet management and asset management services (including procurement, installation, maintenance and disposal of equipment such as forklifts, docks and doors) to retail, manufacturing, distribution, healthcare and hospitality companies.
Awards and Recognition
Best Lawyers in America: Ones to Watch – 2022 (LA)
