I. Lewis H.Grimm

Partner

New York + 1.212.326.3492

Lewis Grimm has almost two decades of leveraged finance experience working on marquee deals in New York and Australia. He represents financial institutions, direct and institutional lenders, and corporate borrowers on cutting-edge leveraged and investment-grade lending and high yield transactions, both domestic and cross-border, as well as high-profile restructuring and bankruptcy matters.

His financial institution clients include Citizens, Jefferies, KeyBank, M&T Bank, TD Securities, U.S. Bank, and Wells Fargo. Corporate borrowers include Century Aluminum, Cumulus Media, FTI Consulting, Kern River Holdings, Outfront Media, Texas Instruments, and TransDigm.

Lewis's recent high-profile deals include assisting the majority term loan lenders in the restructuring of the U.S. facility agreement of Atlas Iron through an Australian creditors' scheme of arrangement. This was a great example of how a company can successfully restructure when all parties work together. It was awarded Insolvency & Restructuring Deal of the Year at the 2016 Australasian Law Awards and Restructuring Deal of the Year at the 2016 Turnaround Management Association Awards.

He also represented the majority secured term loan lenders in the chapter 11 cases of Southcross Holdings and its affiliated debtors. This plan received approval within 15 days of filing, making it the fastest ever chapter 11 reorganization for a debtor having at least $500 million in liabilities.

Lewis was recognized by New York Metro Super Lawyers as a "Rising Star" for four consecutive years, designated by M&A Advisor as one of 40 leading lawyers under the age of 40, and named by The Legal 500 US as a "next generation lawyer."

Experience

  • Merchant banking firm provides $122.5 million acquisition financing to provider of construction accounting software and payroll servicesJones Day advised a merchant banking firm in connection with a $122.5 million senior secured credit facility, comprised of a $110 million term loan and a $12.5 million revolving credit facility, supporting the acquisition of a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors in Ohio.
  • TD Securities arranges $190 million acquisition financing for Whole Earth Brands, Inc.Jones Day advised TD Securities (USA) LLC, as arranger, in connection with a $190 million senior secured credit facility comprised of a $140 million term loan and a $50 million revolving credit facility to Whole Earth Brands, Inc, a special purpose acquisition company (SPAC).
  • Bank of Montreal amends credit agreement for Blue Bird Body CompanyJones Day represented Bank of Montreal, as administrative agent, in connection with an amendment to its credit agreement with Blue Bird Body Company, a school bus manufacturer, pursuant to which the revolving credit commitments were increased by $41.9 million.
  • Merchant banking firm provides $200 million acquisition financing to consulting firmJones Day advised a merchant banking firm in connection with a $200 million senior secured credit facility comprised of a $185 million term loan and a $15 million revolving credit facility supporting the acquisition of a multi-discipline design, engineering, and management consulting firm based in Southern California.
  • Bank of Montreal provides credit facilities to Nuvei Technologies to finance Nuvei's acquisition of Safecharge InternationalJones Day advised Bank of Montreal in connection with the first and second lien credit facilities provided to Nuvei Technologies Corp., a privately owned electronic payment processing company, sponsored by Novacap, to finance Nuvei's acquisition of Safecharge International, a UK-based mobile payments company.
  • ENGIE-led consortium wins competitive bidding process in Brazil for $8.6 billion acquisition of TAGJones Day advised ENGIE in the $8.6 billion acquisition and related financing of 90% of Transportadora Associada de Gás SA ("TAG"), the largest natural gas transmission network owner in Brazil, from Brazilian state oil company Petróleo Brasileiro SA (Petrobras).
  • Large financial institution provides financing for acquisition of customs brokerage and trade servicesJones Day represented a large financial institution, as administrative agent and lender, in a first lien and second lien financing in connection with a private equity firm’s acquisition of a customs brokerage and trade services firm.
  • FTI Consulting amends and restates $550 million senior secured credit facilityJones Day represented FTI Consulting, Inc., a global business advisory firm, in connection with the amendment and restatement of its $550 million senior secured multicurrency revolving credit facility.
  • Bank of Montreal amends senior secured credit facilities for Blue Bird Body CompanyJones Day represented Bank of Montreal, as administrative agent, in connection with an amendment to its senior secured credit facilities for Blue Bird Body Company, a school bus manufacturer.
  • Large financial institution provides $850 million credit facility to Bio-Techne CorporationJones Day represented a large financial institution in connection with a $850 million credit facility provided to Bio-Techne Corporation, a leading developer and manufacturer of high quality purified proteins.
  • Athyrium Capital Management invests in Village Practice Management Company via notes and warrantsJones Day advised Athyrium Capital Management, LP in connection with its investment in Village Practice Management Company, LLC, a venture stage healthcare and technology company that partners with primary care providers to facilitate their shift from volume-based to value-based compensation models, of up to $80 million of Senior Secured Notes with warrants in a private placement.
  • Taseko Mines Limited completes $250 million Rule 144A and Regulation S offeringJones Day represented Taseko Mines Limited, a mining company focused on the operation and development of mines in North America, in connection with a Rule 144A and Regulation S offering of $250 million aggregate principal amount of 8.750% Senior Secured Notes due 2022.
  • Jefferies Finance refinances senior secured credit facilities for Internap CorporationJones Day represented Jefferies Finance LLC, as sole lead arranger and sole bookrunner, in connection with the refinancing of senior secured credit facilities for Internap Corporation, a global supplier of IT infrastructure services.
  • OUTFRONT Media amends and extends $1.1 billion credit facilityJones Day advised OUTFRONT Media Inc., a leading provider of advertising space on out-of-home advertising structures and sites across the United States, Canada, and Latin America, in connection with an amendment and extension of its $1.1 billion credit facility, inclusive of an additional $10 million incremental term loan and $5 million increase to their revolving credit facility.
  • TransDigm Group amends existing credit agreementJones Day represented TransDigm Group Incorporated, a leading global designer, producer and supplier of highly engineered aircraft components, in connection with an amendment to the existing credit agreement on behalf of subsidiary TransDigm Inc. to, among other things, incur new term loans in an aggregate principal amount equal to $650 million and to receive commitments for a delayed draw term loan in an aggregate amount of up to $500 million.
  • Wells Fargo amends and restates existing credit facilities for producer of fruit juices and drinksJones Day represented Wells Fargo Bank, National Association in connection with the amendment and restatement of the existing credit facilities provided to a producer of fruit juices and drinks consisting of a $25 million increase of the revolving credit facility to $75 million and a $14 million increase of the existing term indebtedness to $164.4 million
  • Molycorp emerges from bankruptcy as Neo Performance MaterialsJones Day advised Molycorp, Inc. in the bankruptcy buyout of the company by Oaktree Capital Management, L.P.
  • Seventy Seven Energy Term Lender Group supports prepackaged chapter 11Jones Day represented a group of term loan lenders and Wilmington Trust, N.A., in its capacity as Term Loan Agent, before and during the prepackaged chapter 11 cases of oilfield services company, Seventy Seven Energy.
  • Wilmington Trust acts as agent to Connacher Oil and Gas in its restructuringJones Day is representing Wilmington Trust, N.A., a subsidiary of M&T Bank Corporation, as the pre-petition agent and DIP agent for Connacher Oil and Gas Limited in its restructuring.
  • Ad hoc committee of term lenders negotiate Southcross's prepackaged chapter 11 plan and obtain confirmation 15 days after filingJones Day represented an ad hoc committee of secured term loan lenders in connection with the chapter 11 cases of Southcross Holdings LP and its affiliated debtors.
  • Speaking Engagements

    • May 4, 2016
      Business Borrowing Basics 2016: Dealing with Defaults - When Your Company Runs Into Trouble / Financial Poise / West LegalEdCenter
    • February 3, 2016
      Business Borrowing Basics 2016: Negotiating a Loan Agreement / Financial Poise / West LegalEdCenter
    • February 25, 2015
      Distressed Energy: Risks and Opportunities, Loan Syndication and Trading Association (LSTA)
    • February 24, 2015
      Getting Ready to Secure a Loan, ChamberWise / Financial Poise / West LegalEdcenter
    • May 24, 2012
      Navigating the Current Credit Markets, KPMG Global Enterprise Institute
    • July 27, 2011
      The Intercreditor Agreement: Have You Taken a Look Lately?, Loan Syndication & Trading Association
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