Rob Morrison
Biography
Legal 500 US 2022 - Finance
“Rob's attributes include the ability to use past deal history and transaction experiences to address new issues, and work in a cooperative and constructive manner with all parties involved.”
Chambers 2021
“Rob is very professional and knowledgeable. He not only provides sound legal counsel but oftentimes offers key market insight based on his deal experience that proves crucial to our deal process.”
Chambers 2019
Overview
Rob Morrison is a partner in White & Case's Debt Finance practice, based in the Los Angeles office. Rob's practice focuses primarily on the representation of agent banks, senior lenders, lead arrangers, investors, private equity funds and other borrowers in connection with secured and unsecured syndicated credit facilities, direct lending facilities and leveraged acquisition financings, domestic and global in nature.
Experience
Representation of Golub Capital Markets, LLC, as Lender (along with several other direct lenders), in connection with US$1.15 billion of financing to Vista Equity Partners for Vista's acquisition of EngageSmart, Inc. The financing involved a US$1.05 billion term loan facility and a US$100 million revolving credit facility.
Representation of Blue Owl Capital Corporation, as Administrative Agent and Collateral Agent, and the Lenders, in connection with the extension of credit to the Borrower in the form of (i) $2,400.0 million of Term Loans and (ii) $250.0 million of Revolving Commitments to support the acquisition of New Relic, Inc. by Francisco Partners and TPG.
Representation of Oaktree and a group of other direct lenders in connection with the financing of an acquisition of Duck Creek Technologies by Vista. The financing involved a US$650 million term loan and a US$65 million revolving credit facility.
Representation of Nomura Corporate Funding Americas, LLC, as Agent and Lender, in connection with the refinancing of a Term Loan commitment for BJ's Wholesale Club. As of the date of the refinancing, the outstanding loan facility was US$450 million. BJ's Wholesale Club is a leading north-east membership-only warehouse club chain.
Representation of Citibank (and the other lead banks, including JPMorgan and RBC) in connection with the bankruptcy, debtor-in-possession financing and exit financing for Vistra Corp. (f/k/a Texas Competitive Electric Holdings) and continued representation of various bank groups through subsequent multi-billion dollar financings for Vistra Corp.
Representation of NRG Energy, Inc. ("NRG"), as borrower, in connection with all of NRG's financing needs.
Representation of Credit Suisse AG, as Agent, in connection with a senior secured credit facility in an aggregate principal amount of US$1.4 billion provided to WIN Waste Innovations Holdings Inc. The financing included a term loan and a revolving credit facility.
Representation of Goldman Sachs Bank USA, as Agent, Lender and an issuing bank, in connection with senior secured facilities provided to technology company E2Open. The financing comprised term loan facilities and revolving credit facilities in an aggregate amount of US$600 million.
Represent Credit Suisse and Truist Bank, as Arrangers, in connection with a US$405 million financing for a major concrete company based in the Southeastern United States.
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 RBC Capital Markets, as Agent, Arranger and Lender, in connection with a US$380 million senior unsecured revolving credit facility for SCF Funding I LLC, a subsidiary of the Stonebriar Commercial Finance Company.
Representation of KKR, as Agent, in connection with a US$505 million first lien term facility and a US$65 million revolving credit facility with a US$20 million letter of credit, and JPMorgan, as agent, with a US$185 million second lien term facility, in each case, for Virgin Pulse, Inc.
Representation of Bank of America, Barclays, Macquarie Capital, Guggenheim and KKR, in connection with the US$420 million LBO financing of a technology support company based in the Southeastern United States.
Representation of Bank of America, as Agent, and Bank of America, SunTrust Bank and Fifth Third Bank, as Lead Arrangers, in connection with a US$75 million revolving credit facility and US$275 million term loan facility borrowed in connection with the LBO of a group of east coast waste management companies.
Representation of JPMorgan in connection with the US$1.25 billion financing provided to a major American midstream natural gas pipeline company.
Representation of Deutsche Bank and the other first lien Lenders in connection with the bankruptcy and debtor-in-possession financing for SunEdison, Inc.
Representation of Deutsche Bank in connection with the arrangement of a US$1.895 billion senior secured credit facility for the leading auto dealership computer software provider.
Representation of an Indian casino in Southern California in connection with the US$100 million refinancing of its existing debt.
"[Rob] consistently provides exceptional client service and demonstrates a high level of sophistication and commercial awareness."
Chambers USA – Banking & Finance – California, 2023
"Rob is a great lawyer and tremendous resource for me on the banking side. He is always exceptionally responsive and useful as a resource. He is insightful and always prepared."
Chambers USA – Banking & Finance – California, 2022
Ranked Lawyer, Chambers USA 2021-2024, California – Banking & Finance
Leading Individual, Chambers USA 2019-2020, California – Banking & Finance
Up and Coming Practitioner, Chambers USA 2018, California – Banking & Finance