Syndicated Lender Representations

• $17 billion senior unsecured bridge loan facility to Fiserv, Inc. for its acquisition of First Data Corporation
• $10.5 billion financing related to Coty’s acquisition of P&G’s Beauty Business (including over $2 billion of incremental facilities)
• $7.8 billion financing related to JAB’s acquisition of Keurig Green Mountain (including $1.4 billion of incremental facilities)
• $4.5 billion financing related to Tribune Company’s acquisition of Local TV Holdings (including $420 million of incremental facilities)
• $2.8 billion senior secured facilities and $1.2 billion financing related to JBS’s acquisition of Cargill Pork
• $1.6 billion financing related to Leonard Green Partners’ and TPG’s acquisition of Life Time Fitness (including $100 million of incremental facilities)

Borrower Representations

• $3.5 billion senior unsecured revolving credit facility for Emerson Electric
• $2.25 billion multicurrency senior unsecured revolving credit facility for V.F. Corporation
• $2 billion asset-based commodity credit facility for Noble Americas Corp. and $1 billion asset-based commodity credit facility for Noble Clean Fuels Ltd.
• $2 billion senior secured project notes and $300 million bridge loan for Delek Group

Direct Lending Representations

• $180 million senior secured term loan for Basic Energy Services
• $150 million senior secured term loan facility for NMI Holdings
• $90 million term loan facility for ParFab Field Services
• $62.5 million second-lien term facility for B&G Crane Service

Restructuring Representations

• $1.1 billion exit term loan for Tribune Company
• $800 million of debtor-in-possession facilities for The Great Atlantic & Pacific Tea Company
• $165 million exit term loan and $90 million debtor-in-possession facilities for Key Energy Services
• $100 million debtor-in-possession and exit term loan facilities for RCS Capital Corporation

Structured Finance Representations

• Advised more than a dozen borrowers on over 25 revolving capital call/subscription line facilities in an aggregate principal amount of over $7 billion provided by a wide range of financial institutions
• Advised lenders and borrowers on over 30 “net asset value” (NAV) facilities in an aggregate principal amount of over $5 billion provided by a wide range of financial institutions to more than 20 borrowers, including two of the largest dedicated “fund of fund” complexes
• Advised lenders and borrowers on over 25 asset-backed and “back-leverage” transactions – secured by both single assets as well as portfolios of liquid and illiquid bonds, loans and preferred equity interests and structured as credit facilities, swap and repurchase transactions – in an aggregate principal amount of over $6.25 billion provided by a wide range of financial institutions to more than 15 borrowers

Mr. Dworkin is consistently recognized for his work in the legal industry:

• Chambers USA – Banking & Finance (Nationwide)

• Legal 500 US – Commercial Lending (US)

• IFLR1000 – Banking (US)

Publications

• "Structural Considerations in Deal Contingent Hedges," The International Comparative Legal Guide to Derivatives 2020, First Edition
• "The Continuing Evolution of the Direct Lending Market,” The International Comparative Legal Guide: Lending & Secured Finance 2020
• “A Fresh Look At Acquisition Financing terms,” International Financial Law Review, 2020
• “Considerations in Providing NAV Facilities to Individuals,” Global Legal Insights – Fund Finance 2020, Fourth Edition
• “Increasing Limitations on Secured Creditor Remedies,” Practising Law Institute: Leveraged Financing 2020
• "The Continuing Evolution of NAV Facilities," GLI - Fund Finance 2019
• “Avoiding Traps When Documenting Make-Whole Premiums for Term Loans,” The International Comparative Legal Guide to: Lending & Secured 2018
• “Escrow Funding in the Term Loan B Market,” The International Comparative Legal Guide to: Lending & Secured Finance 2017