Rachel L.Rawson

Partner

Boston + 1.617.449.6904 Cleveland + 1.216.586.7276

Connect:

Share

Rachel Rawson has represented top tier clients in over $20 billion in financing transactions in 25 years in practice. She represents lenders and borrowers in asset-based secured loans, investment-grade company financings, private placements, and subordinated debt placements, many with multijurisdictional and multicurrency components, and advises private equity funds and their portfolio companies in connection with complex leveraged buyout financings and ongoing financing transactions.

Rachel's practice also includes representing lenders and borrowers in connection with workouts and restructurings of troubled credits, including out-of-court restructurings and debtor-in-possession financings and exit financings. Recently she has been advising a variety of clients on intercreditor issues, helping them navigate through transactions with multiple debt tranches and multiple lien priorities.

Clients for which Rachel has worked on substantial matters include Bank of America, KeyBank, PNC Bank, Citizens Bank, Santander Bank, The Riverside Company, Sprint Corporation, Horizon Global Corporation, Ferro Corporation, Blue Point Capital Partners, and Kirkland Capital Partners.

Rachel has spoken at numerous professional conferences and seminars on commercial financing and restructuring topics. She is an officer of the Cleveland Chapter of the Association for Corporate Growth and is active in community and charitable affairs.

Experience

  • Horizon Global merges with First Brands GroupJones Day represented Horizon Global Corporation in its acquisition by First Brands Group, LLC, a global automotive parts manufacturer that serves the worldwide automotive aftermarket.
  • Leading financial services provides $215 million credit facility in connection with strategic acquisition by private-equity sponsor of vertically integrated site access services companyJones Day represented a leading financial services company, as left lead arranger and administrative agent, in a $215 million syndicated senior secured credit facility, consisting of a $150 million term loan and a $65 million revolving credit facility, in connection with a strategic acquisition by a private-equity sponsor of a vertically integrated site access services company.
  • FirstEnergy to sell $3.5 billion transmission stake to BrookfieldJones Day is advising FirstEnergy Corp. in the $3.5 billion sale of an additional 30.0% equity stake in its subsidiary FirstEnergy Transmission (“FET”), the holding company for FirstEnergy’s three regulated electric transmission businesses, to North American Transmission Company II L.P., FirstEnergy’s existing joint venture partner in FET and a controlled investment vehicle entity of Brookfield Infrastructure Partners.
  • Lamb Weston increases term loan facility by $450 millionJones Day represented Lamb Weston Holdings, Inc., a leading global producer, distributor, and marketer of value-added frozen potato products, in connection with a $450 million incremental increase to its term loan facility with AgWest Farm Credit, PCA, as administrative agent, bringing the total size of the facility to $1.075 billion.
  • Olympic Steel obtains $150 million incremental increase to its revolving credit facility with Bank of America, N.A.Jones Day represented Olympic Steel, Inc., a national metals service center focused on the value-added processing of flat-rolled metals and pipe and tube, in connection with a $150 million incremental increase to its revolving credit facility with Bank of America, N.A., as administrative agent, bringing the total size of the facility to $625 million.
  • Riverside portfolio company acquires Oval Room GroupJones Day represented The Riverside Company in connection with the acquisition by portfolio company Buildout of Oval Room Group, a national commercial real estate visual media solutions company.
  • Riverside sells SureWerxJones Day advised The Riverside Company in the sale of SureWerx, a leading North American provider of personal protective equipment, safety gear, and tool solutions, to Partners Group.
  • American Pacific Group acquires Media One Digital Imaging, LLCJones Day advised American Pacific Group in the acquisition and financing of Media One Digital Imaging, LLC, a full-service integrator and distributor of digital textile printing solutions.
  • Webster Bank provides $40 million financingJones Day represented Webster Bank, N.A. in connection with a $40 million financing, consisting of a senior secured revolving credit facility, senior secured term loan facility, and a senior secured delayed draw term loan facility.
  • High Road Capital portfolio company acquires Accu Tech USAJones Day advised High Road Capital Partners in connection with the acquisition and financing by portfolio company John Henry Foster Minnesota, Inc. of Accu Tech USA, known nationally for delivering customizable automation and motion control products, and providing engineering support including application design, selection of products, and project implementation.
  • West Penn Power Company completes $250 million private placement of First Mortgage BondsJones Day represented West Penn Power Company, an electric public utility subsidiary of FirstEnergy Corp., a diversified energy holding company, in connection with its private placement of $250 million aggregate principal amount of its 5.29% First Mortgage Bonds due 2033.
  • KeyBank amends secured credit facility for legal technology services consultantJones Day represented KeyBank National Association, as administrative agent, in connection with a $17 million incremental amendment to a secured credit facility provided to a legal technology services consultant.
  • PNC Bank provides $405 million revolving credit facility to furniture manufacturerJones Day represented PNC Bank, National Association, as administrative agent, in connection with a $405 million senior secured revolving credit facility provided to a designer and manufacturer of adaptable workplace furniture, seating, and storage that serves markets in more than 120 countries.
  • Bank of America provides $50 million unsecured revolving credit facility to Point32Health, Inc. and its subsidiariesJones Day represented Bank of America, N.A. in connection with a $50 million unsecured revolving credit facility provided to Point32Health, Inc. and its subsidiaries.
  • Avient divests distribution business to H.I.G. CapitalJones Day advised Avient Corporation in the $950 million sale of its Distribution business to an affiliate of H.I.G. Capital.
  • MassMutual provides series of term loans to special purpose vehicle owned by joint ventureJones Day represented Massachusetts Mutual Life Insurance Company, as lead lender, administrative agent, and collateral custodian, in connection with a $447.68 million term loan facility provided to a special purpose vehicle owned by a joint venture.
  • MassMutual negotiates and documents warehouse facility for real estate secured loansJones Day represented Massachusetts Mutual Life Insurance Company in negotiating and documenting a warehouse facility for real estate secured loans, each backstopped by a take-out commitment from a third party.
  • Morgan Stanley Capital Partners portfolio company acquires Label InnovationJones Day advised Morgan Stanley Capital Partners in connection with the acquisition and financing by portfolio company AWT Labels & Packaging (AWT) of Label Innovation, a custom converter and label manufacturer utilizing roll-to-roll rotary and laser die-cutting technology to produce products and components for the medical, technology, and security markets.
  • High Road Capital portfolio company acquires PTS ProductsJones Day advised High Road Capital Partners in connection with the acquisition and financing by portfolio company John Henry Foster Minnesota, Inc. of PTS Products, Inc., known nationally for manufacturing and building custom enclosures and electrical control panels while providing assembly (electrical, wire harness and cables) for Original Equipment Manufacturers (OEMS).
  • KeyBank provides $60 million secured credit facility to legal technology services consultantJones Day represented KeyBank National Association, as administrative agent, in connection with a $60 million secured credit facility provided to a legal technology services consultant.
    • View All

    March 2020 White Paper

    Coronavirus—Strategic Considerations for Financial Institutions and Their Boards

    Speaking Engagements

    • May 2, 2012
      PLI’s Leveraged Financing 2012

    Before sending, please note:

    Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.