Direct Lending Terms and Documentation: Leverage Covenants, Incremental Financing, Guaranty Provisions

Mr. Cota is a partner in the Financial Restructuring practice at Paul Hastings and is based in the firm’s New York office. He advises and represents banks, private equity and hedge funds, business development companies, alternative capital providers, other financial institutions and private companies on a variety of complex financing transactions across a broad variety of industries and in all levels of the capital structure, both lender-side and borrower-side (including administrative agent and arranger representations).

Mr. Goldberger focuses his practice on a variety of complex finance transactions. He represents agents, lenders, public and private borrowers, private equity sponsors and their portfolio companies, business development companies and other providers (bank and non-bank) of senior and subordinated debt financing. Mr. Goldberger also advises clients on a broad range of financing transactions, including first and second lien revolving and term loan credit facilities, asset-based and cash-flow based lending, acquisition financing, unitranche credit facilities, refinancings, recapitalizations and both in-court and out-of-court restructurings.

Mr. Patel advises lenders, private equity sponsors and their portfolio companies on leveraged finance transactions, including syndicated credit facilities, mezzanine and subordinated financings, high yield offerings, and debt restructurings. He has also represented companies in public and private securities offerings and general corporate advisory matters.