Highlighted for its expertise in debt portfolio acquisitions, fund facilities, and private credit financing, Simpson Thacher & Bartlett LLP is a strong choice for direct lenders and private equity funds. The firm’s broad caseload encompasses first lien and second lien financing, recurring revenue loans, and unitranche financings. David Teh oversees the practice and acts for corporate borrowers, direct lenders, and investment banks on direct loans and syndicated credit facilities. Teh is also well-versed in leveraged acquisition financing and investment grade corporate credit facilities, while Jennifer Albrecht is knowledgeable of a breadth of financing matters, including direct loans and restructuring. Justin Lungstrum is a strong choice for lenders and arrangers in direct lending transactions, and is well-informed in asset-based senior credit facilities, letter-of-credit facilities, and subordinated bridge loans. All lawyers mentioned are in New York.
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Profile

Key clients

  • BlackRock
  • Breakwall Capital
  • CIM Group
  • EIG Capital Management
  • Energy Opportunities Capital Partners
  • Farallon Capital Management
  • Goldman Sachs BDC
  • Hill Path Capital
  • KKR Credit
  • New Mountain Capital

Work highlights

  • Represented funds affiliated with Hill Path Capital in a $150 million preferred equity investment in The ONE Group Hospitality in connection with The ONE Group’s announced acquisition of Safflower Holdings, the owner of Benihana.
  • Advised CIM Group with up to $200 million in private capital financing to a subsidiary of Applied Digital Corporation.
  • Advised Breakwall Capital on Berry Corporation (bry)’s new $545 million term loan facility.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

David Teh

Other key lawyers

Jennifer Albrecht; Justin Lungstrum