Scott M. Herrig
  1. Partner

Mr. Herrig is a partner in Davis Polk’s Corporate Department in New York, practicing in the Finance Group. He primarily advises financial institutions and alternative credit providers on finance transactions, including leveraged acquisition financings, debt restructurings and asset-based credit facilities. He also advises corporate clients on a wide range of finance matters.

Work Highlights

Lender Representations
  • $4.1 billion secured credit facilities for Tribune Media Company’s acquisition of Local TV Holdings, and the subsequent $350 million financing in connection with the spin-off of Tribune Publishing Company, representing the arrangers
  • $4.05 billion secured credit facilities for United Natural Foods’ acquisition of Supervalu, including a $2.1 billion asset-based credit facility, representing the arrangers
  • $2.3 billion secured credit facilities for Clear Channel Outdoor Holdings, Inc., including a $125 million asset-based credit facility, representing the arrangers
  • $2 billion multi-currency revolving credit facility for a fleet management company, representing the arrangers
  • $1.075 billion secured credit facilities for Option Care’s combination with BioScrip, Inc., including a $150 million asset-based credit facility, representing the arrangers
  • $721 million secured credit facility for Trico Group, representing the arrangers
  • $350 million secured credit facility for iPayment, representing the arrangers
  • $60 million asset-based credit facility for TiVo Corporation, representing the arrangers
  • Leveraged financings for the private equity led buyouts of Cyxtera, GlobalLogic, Hayward Industries, HelpSystems, Paraxel and TGI Fridays, representing the arrangers
  • $575 million financing for Definitive Health, representing the direct lenders
  • $300 million financing for Hornbeck Offshore Services, representing the direct lenders
  • $180 million financing for Basic Energy Services, representing the direct lenders
  • Debtor-in-possession and exit term loan facilities for Fieldwood Energy, representing a group of ad hoc creditors
  • Debtor-in-possession term loan facility for Hornbeck Offshore Services, representing a group of ad hoc creditors
  • Debtor-in-possession and exit term loan facilities for RCS Capital Corporation, representing a group of ad hoc creditors
  • $5 billion investment grade bridge financing for Southwestern Energy Company’s acquisition of certain assets from Chesapeake Appalachia, representing the arrangers
  • $2.75 billion investment grade financing for Eastman Chemical’s acquisition of Taminco Corporation, consisting of a $1.75 billion bridge facility and a $1 billion term loan facility, representing the arrangers
Borrower Representations
  • ContourGlobal plc in connection with numerous financings and other transactions, including corporate-level secured notes offerings and bank financings; its initial public offering; and the $204 million green notes offering for its subsidiary, Energia Eolica S.A., in connection with the development, construction and operation of two wind farms in Northern Peru
  • E*TRADE Financial Corporation in connection with various bank financings for it and its broker-dealer subsidiary, E*TRADE Securities LLC
  • GeoPark Limited, in connection with a $315 million bridge financing for its recommended cash offer for Amerisur Resources plc
  • NICE, in connection with a $475 million secured credit facility for its acquisition of inContact
  • Rank Group Limited, in connection with $240 million of secured credit facilities provided to one of its prior portfolio companies, FRAM Group
  • Royalty Pharma, in connection with various financings
  • Tailwind Capital Partners in connection with financings for a number of acquisitions, including its acquisitions of AmeriFleet Transportation, Colony Hardware, Distinct Holdings, Lieberman Research Worldwide, MetroGistics and Technical Innovations, along with several tack-on acquisitions
  • Various private equity funds in connection with fund-level financings, including traditional capital call facilities, hybrid capital call / net asset value facilities and other financings

Professional History

  • Partner since 2020
  • Davis Polk since 2012

Practice Focus

Bar Admissions

  • State of New York

Education

  • B.S.B.A., Finance, Marketing, University of Nebraska Omaha, 2008
    • summa cum laude
  • J.D., UC Berkeley School of Law, 2012