Kearsten B. Garbenis

Associate

Pittsburgh + 1.412.394.7251

Kearsten Garbenis joined our New Lawyers Group (NLG) in 2024. The NLG provides our newest lawyers with the opportunity to gain exposure to different practice areas and lawyering styles before making a commitment to a specific practice. Individuals in the NLG may focus on a particular area of practice, or compare practices, during their first year with Jones Day.

Kearsten is focusing her practice on corporate, M&A, and banking and finance matters. She has been on the teams representing lenders and borrowers in secured and unsecured, senior and subordinated, and cash flow and asset-based credit facilities and has worked with a national bank leading a syndicate of lenders on the amendment and extension of its existing secured credit facility for a kaolin clay company and on the amended and restated senior secured credit facilities for a professional sound reinforcement and live touring production support company. She also has experience working with a large financial institution on a multimillion dollar unsecured revolving credit facility for a public utility company.

Experience

  • Educational nonprofit restructures debt and achieves workouts with its lender and major creditorsJones Day successfully assisted pro bono a Virginia-based 501(c)(3) educational organization in restructuring its balance sheet, negotiating and documenting new financing, facilitating settlements with major secured and unsecured creditors, navigating non-profit governance issues, addressing real estate concerns, and resolving labor and employment issues.
  • PNC Bank leads syndicate of lenders on amendment and extension of its existing secured credit facility for leading kaolin clay companyJones Day represented PNC Bank, National Association, as administrative agent, in connection with the arrangement, syndication, and documentation of an amendment and extension of its existing senior secured credit facility, consisting of a $190 million outstanding delayed draw term loan and a $75 million revolving credit facility, for a leading producer of kaolin clay.
  • PNC Bank leads syndicate of lenders on amended and restated senior secured credit facilities for professional sound reinforcement and live touring production support companyJones Day represented PNC Bank, National Association, as administrative agent, in connection with the arrangement, syndication, and documentation of upsized and extended senior secured credit facilities, consisting of a $350 million revolving working capital credit facility, a $200 million term loan, and a $70 million revolving term-out facility, provided to a professional sound reinforcement and live touring production support company, to be used for the company’s build-out of its new headquarters.
  • Large financial institution leads syndicate of lenders on incremental increase and maturity extension of $200 million unsecured revolving credit facility for public utility companyJones Day advised a large financial institution, as administrative agent, in connection with an amendment, extension, and upsize of a $200 million unsecured revolving credit facility for a public utility company.