Scott M. Herrig
Advises financial institutions, alternative credit providers and corporate clients in a wide range of finance transactions and matters.
Scott primarily advises financial institutions and alternative credit providers on leveraged acquisition financings, debt restructurings and asset-based credit facilities. He also advises corporate clients on a wide range of finance matters.
- $4.05 billion secured credit facilities for United Natural Foods’ acquisition of Supervalu, including a $2.1 billion asset-based credit facility
- $3.69 billion term loan B and revolving credit facilities for Intelsat as debtor-in-possession financings during its chapter 11 restructuring, which financings converted to exit financings following Intelsat’s emergence from chapter 11 as a private company
- $1.1 billion term loan credit facilities for Owens & Minor’s acquisition of Apria, and concurrent $150 million increase to Owens & Minor’s revolving credit facility
- Syndicated leveraged financings for private equity led buyouts, including for Bain Capital’s buyout of Imperial Dade, H.I.G. Capital’s buyout of Pixelle Specialty Solutions and Partners Group’s buyouts of GlobalLogic, Forefront Dermatology and Reedy Industries
- Direct lending financings: $575 million financing for Advent’s buyout of Definitive Healthcare; $300 million financing for Hornbeck Offshore Services; $180 million financing for Basic Energy Services
- Asset-based loans for various companies, including a $2.2 billion credit facility for a fleet management company, a $625 million ABL credit facility for a packaging company and ABL credit facilities for Hayward Industries ($475 million), Clear Channel Outdoor ($125 million) and TiVo ($60 million)
- Restructuring-related financings: represented groups of ad hoc creditors providing DIP and exit financings in connection with chapter 11 proceedings for Fieldwood Energy, Hornbeck Offshores Services and RCS Capital
- ContourGlobal: €710 million senior secured notes, issued in part to pay for a portion of Contour’s acquisition of a portfolio of power plants in the United States and Trinidad and Tobago, along with numerous bank financings supporting the acquisition or construction of energy projects across multiple continents
- Royalty Pharma: $7.3 billion in aggregate term loan financings preceding the IPO of Royalty Pharma, along with numerous other bank financings
- SatixFy: $55 million term loan facility preceding SatixFy’s merger agreement with a publicly traded SPAC
- Spirit Airlines: $850 million senior secured notes offering by Spirit IP Cayman Ltd. and Spirit Loyalty Cayman Ltd.
- SS&C Technologies: $1.53 billion term loan financings for its acquisition of Blue Prism
- summa cum laude
- Partner, 2020-present
- Associate, 2012-2020
Qualifications and admissions
- State of New York