Matthew J.Gherlein (Matt)

Associate

Cleveland + 1.216.586.1033

Matt Gherlein focuses his practice on representing both lenders and borrowers in secured and unsecured commercial financing transactions. He has experience with senior and subordinated debt facilities, cross-border and multicurrency transactions, asset-based financing, acquisition financing, debt restructurings, and real estate financing.

Financial institutions for which Matt has worked on substantial matters include, among others, KeyBank, JPMorgan Chase Bank, and Citizens Bank. He also has worked on financing-related matters for a number of corporations, including Cleveland-Cliffs, Sprint Corporation, and PolyOne Corporation, and private equity firms, including Blue Sea Capital, High Road Capital Partners, Morgan Stanley Capital Partners, Resilience Capital Partners, and The Riverside Company.

Matt is a member of the Ohio State Bar Association and the Cleveland Metropolitan Bar Association.

Experience

  • Cleveland-Cliffs completes $120 million Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of an additional $120 million aggregate principal amount of 6.75% Senior Secured Notes due 2026.
  • 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.
  • Marathon Petroleum completes $2.5 billion Senior Notes offeringJones Day represented Marathon Petroleum Corporation, a leading, integrated, downstream energy company, in connection with its registered public offering of $1.25 billion of 4.500% Senior Notes due 2023 and $1.25 billion of 4.700% Senior Notes due 2025.
  • Marathon Petroleum obtains $1.0 billion 364-day revolving credit agreementJones Day represented Marathon Petroleum Corporation, a leading, integrated, downstream energy company, in connection with a new $1.0 billion 364-day revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent.
  • Financial institution amends credit facility with infrastructure services company to finance acquisition of developer or modifier of computer software and packagingJones Day represented a financial institution, as administrative agent, in connection with an amendment to its existing credit facility with an infrastructure services company to finance its acquisition of a developer or modifier of computer software and packaging.
  • Cleveland-Cliffs issues $725 million of 6.75% Senior Secured NotesJones Day represented Cleveland-Cliffs Inc. ("Cliffs"), a large vertically integrated producer of differentiated iron ore and steel in North America, in connection with an offering of $725 million aggregate principal amount of 6.75% Senior Secured Notes due 2026.
  • Cleveland-Cliffs obtains $2 billion credit facilityJones Day represented Cleveland-Cliffs Inc., a large vertically integrated producer of differentiated iron ore and steel in North America, in connection with a $2 billion asset-based revolving credit facility with Bank of America, N.A., as administrative agent.
  • Wells Fargo amends loan agreement for non-public REITJones Day represented Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Securities, LLC, as an arranger, in connection with a fifth amended and restated loan agreement provided to a non-public REIT which, among other things, provided for a revolving credit facility in a decreased maximum aggregate principal amount of $150 million and a new delayed draw term loan facility in an aggregate principal amount of $75 million.
  • Blue Sea Capital acquires Innovative FlexPakJones Day advised Blue Sea Capital in its acquisition and related financing of Innovative FlexPak, a developer, formulator, and provider of single-serve and multi-dose ingestible health and wellness products for leading brands.
  • Morgan Stanley Capital Partners portfolio company acquires iMark MoldingJones Day represented Morgan Stanley Capital Partners in connection with the acquisition and related financing by portfolio company Comar Holding Company, LLC of iMark Molding, LLC ("iMark") from the original iMark founders.
  • Resilience Capital portfolio company acquires Customer Technology Center Michigan of Delphi TechnologiesJones Day represented Resilience Capital Partners LLC in connection with the acquisition by portfolio company Trialon Corporation of Customer Technology Center Michigan of Delphi Technologies.
  • Well Fargo refinances $1.6 billion credit agreement with publicly traded real estate investment trustJones Day represented Well Fargo Bank, National Association, as administrative agent and lender, in connection with the amendment and restatement of a publicly traded real estate investment trust’s $1.6 billion credit agreement, pursuant to which the $600 million revolving credit facility and $400 million tranche A-2 term loan credit facility were refinanced and extended.
  • High Road Capital sells portfolio company Banner Solutions to Tailwind CapitalJones Day represented High Road Capital Partners in connection with the sale of portfolio company Banner Solutions, a leading wholesaler of door hardware, to Tailwind Capital.
  • Riverside sells CTI Holding Company to Fortive CorporationJones Day advised The Riverside Company in connection with its sale of CTI Holding Company to Fortive Corporation.
  • Riverside acquires OmniUpdate and merges with Destiny SolutionsJones Day represented The Riverside Company in connection with the acquisition and related financing of OmniUpdate, the leading web content management system (CMS) provider for higher education, and subsequent merger with its portfolio company Destiny Solutions, the leading student lifecycle management solution provider for continuing education and other non-traditional higher education students.
  • High Road Capital portfolio company acquires Eco ChemicalJones Day represented High Road Capital Partners in connection with the acquisition and related financing by portfolio company U-C Coatings of Seattle, Washington-based Eco Chemical, a leading manufacturer of water-based stains and coatings used on pressure treated wood and in the manufacturing of wood products such as fencing, decks, and exteriors.
  • High Road Capital acquires substantially all assets of Specialized Builder's HardwareJones Day represented High Road Capital Partners in connection with the acquisition and related financing of substantially all of the assets of Specialized Builder's Hardware, Inc., a wholesale distributor of electronic access control doors, door hardware, and security products, by SBH Solutions, Inc., a wholly owned subsidiary of Mid-West Wholesale Hardware Co.
  • Blue Sea Capital portfolio company acquires Bridgeport FittingsJones Day represented Blue Sea Capital LLC in connection with the acquisition by portfolio company NSI Industries, LLC, a leading provider of electrical products, of Bridgeport Fittings, Inc., an electrical products manufacturer.
  • SITE Centers Corp. refinances and amends certain existing credit facilitiesJones Day represented SITE Centers Corp., a self-administered and self-managed real estate investment trust, in connection with the refinancing and amendments to certain existing credit facilities, including a $950 million senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, and a $100 million senior unsecured term loan facility with Wells Fargo Bank, National Association, as administrative agent.
  • Tecum Capital invests in National Power CorporationJones Day represented Tecum Capital Partners in connection with its investment in and related financing of National Power Corporation, a provider of power generators, products, and services.
  • We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.