The New York-based debt finance team at Clifford Chance is a primary contact for leveraged financing, syndicated lending, and asset-based lending. Andrew Young directs the practice and is frequently retained to advise on both domestic and international financing mandates. Daniel Winick handles secured and unsecured loans, as well as asset-based and project lending, while Thomas Critchley is well-versed in acquisition and infrastructure financing. Steven Starr is proficient in leveraged finance, NAV loans, and receivables facilities. Thomas McGowan maintains a strong track record in bilateral and syndicated facilities and is noted for his work in acquisition financing and asset-based lending.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘A relationship partner truly cares about the overall relationship, combining industry expertise with a deep understanding of client needs.’
- ‘Daniel Winick has provided excellent legal services.’
- ‘Partners know my preferences and are aware of my document/work style. The firm has strong domain expertise – aware of other borrowers in the industry and integrates those ideas well.'
- 'They have the ability to involve partners and expertise from other areas in more complex situations.'
- ‘Andrew Young has been covering me since 2018. He knows my approach and mentality and has helped on all deals, from cross-border yen loans and ABS residual secured loans to plain-vanilla transactions. Sonia Zheleznyakov has completed her first transaction with me and was very much plug-and-play on the new matter.’
Key clients
- Deutsche Bank
- Nordea Bank
- SMBC Bank
- MUFG Bank
Work highlights
Advised Deutsche Bank (London Branch) in connection with a letter of credit facility under which they will provide a $750 million commitment to Sycamore Re, a Cayman reinsurance company and subsidiary of Constellation Insurance.
Advised SMBC Bank, as lender, in connection with a $250 million capital call facility agreement for Apax Vantage Software.
Advised the lenders in the refinancing of Elemental Group, where the lenders provided financing, partially backed by KUKE guarantees, amounting to approximately EUR 252 million, and a guarantee line of up to $27 million
Practice head
Andrew Young
Other key lawyers
Jason Ewart; Daniel Winick; Thomas Critchley; Steven Starr; Thomas McGowan; Sonia Zheleznyakov