Mwangala Simataa
Biography
Overview
Mwangala Simataa is an associate in White & Case's Debt Finance practice in New York. His practice focuses primarily on the representation of major commercial banks, investment banks, private equity sponsors, funds and corporate borrowers in connection with secured and unsecured syndicated credit facilities, leveraged acquisition financings, recapitalization transactions, and other debt financing transactions both domestic and global in nature.
Experience
Representation of Royal Bank of Canada, as the Administrative Agent and Collateral Agent, and as Left Lead Arranger, along with a group of other financial institutions as Joint Lead Arrangers and Joint Bookrunners, in connection with 26North Partners LP's acquisition of ArchKey Solutions. The financing involved Term Loans, Delayed Draw Term Loans, Revolving Facilities, and Letters of Credit, for a total commitment size of US$850 million.
Representation of Deutsche Bank, as left lead arranger, agent and a lender, in connection with a US$1.35 billion senior secured financing provided to Dave & Buster's (NASDAQ: PLAY) to finance its acquisition of Main Event Entertainment from Ardent Leisure, an Australian-based public leisure company. The financing consisted of a US$850.0 million term loan facility and a US$500 million revolving credit facility. Dave & Buster's is a leading restaurant and entertainment business with 145 locations in the U.S. and 2 locations in Canada. Main Event Entertainment is a Texas-based restaurant and entertainment business with 49 locations, primarily in Texas and the southeast United States.
Representation of Lightning Power, LLC, a leading independent power producer with 11 GWs of grid-enhancing, flexible, quick-start natural gas generation located in PJM, ISO-NE and NYISO, as borrower in its inaugural financings. The financings consist of a US$1.75 billion senior secured term loan, US$1.5 billion of senior secured notes and a US$600 million senior secured revolving credit facility. Lightning Power's portfolio is composed of 18 natural gas-fired power projects owned by LS Power, strategically assembled to create a large-scale, diversified, pure-play natural gas independent power producer to meet the growing power needs of the US economy.
Representation of Bank of America, N.A., as Administrative Agent, Collateral Agent, Joint Lead Arranger, Joint Bookrunner, Issuing Bank, and a Lender in connection with Alegeus Technologies Holdings Corp.'s ("Alegeus") secured credit agreement involving a US$650 million term loan facility, US$90 million revolving credit facility, and a US$50 million settlement facility. Alegeus is a market leader in providing SaaS benefit funding and payment solutions.
