Rachel L.Rawson

Partner

Boston + 1.617.449.6904 Cleveland + 1.216.586.7276

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

  • Parker divests its Aircraft Wheel and Brake divisionJones Day advised Parker-Hannifin Corporation (NYSE: PH, “Parker”), the global leader in motion and control technologies, in the divestiture of its Aircraft Wheel and Brake Division, located in Avon, Ohio, to Kaman Corporation (NYSE: KAMN) for $440 million.
  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day acted as U.S. counsel to Parker Hannifin Corporation in the £6.3 billion acquisition of Meggitt plc, a leading international company headquartered in Coventry, United Kingdom, specializing in high performance components and subsystems for the aerospace, defense and selected energy markets.
  • Avient divests distribution business to H.I.G. CapitalJones Day is advising Avient Corporation in the $950 million sale of its Distribution business to an affiliate of H.I.G. Capital.
  • MassMutual provides $130 million revolving credit facility to SPV, managed by leading global investment firmJones Day represented Massachusetts Mutual Life Insurance Company, as lead lender, in connection with a $130 million revolving credit facility provided to a special purpose vehicle under the management of a leading global investment firm.
  • Riverside portfolio company SureWerx acquires MEGAComfort International Inc.Jones Day advised The Riverside Company in the acquisition and financing by portfolio company SureWerx of MEGAComfort International, Inc., an international leader in providing ergonomic, anti-fatigue insoles in the Occupational Health & Safety Market.
  • MassMutual provides $1.025 billion NAV loan facility to leading global investment firmJones Day represented Massachusetts Mutual Life Insurance Company, as lead lender, in connection with a $1.025 billion NAV loan facility provided to a leading global investment firm.
  • Leading financial services company provides financing in connection with strategic acquisition by private-equity sponsors of transportation services companyJones Day represented a leading financial services company, as left lead arranger and administrative agent, in a syndicated senior secured multi-currency revolving credit, term loan, and letter of credit facility, in connection with a strategic acquisition by private-equity sponsors of a transportation services company.
  • Bank of America amends revolving line of credit for Blue Cross Blue Shield of Massachusetts and Blue Cross Blue Shield of Massachusetts HMO BlueJones Day represented Bank of America, N.A., as sole lender, in connection with an amendment to its revolving line of credit provided to Blue Cross Blue Shield of Massachusetts and Blue Cross Blue Shield of Massachusetts HMO Blue.
  • Riverside portfolio company acquires Cornerstone ITJones Day represented The Riverside Company in connection with the acquisition and financing by portfolio company Logically of Cornerstone IT, a highly-regarded full-service IT Managed Services Provider serving customers in the professional services, manufacturing, insurance, and construction/development industries.
  • FirstEnergy sells $2.4 billion minority transmission stake to BrookfieldJones Day represented FirstEnergy Corp. in its $2.4 billion sale of a 19.9% equity stake in its subsidiary FirstEnergy Transmission, the holding company for FirstEnergy’s three regulated electric transmission businesses.
  • MassMutual provides $120 million term loan facility to top-tier public special purpose vehicleJones Day represented Massachusetts Mutual Life Insurance Company, as lead lender, in connection with a $120 million term loan facility provided to a top-tier public special purpose vehicle.
  • Riverside portfolio company SureWerx acquires Footwear Specialties InternationalJones Day advised The Riverside Company in the acquisition and financing by portfolio company SureWerx of Footwear Specialties International, a leading safety footwear company.
  • Bank of America provides $75 million unsecured revolving credit facility to Trustees of Boston CollegeJones Day represented Bank of America, N.A. in connection with a $75 million unsecured revolving credit facility provided to the Trustees of Boston College.
  • LBB Specialties acquires Debro Inc.Jones Day represented LBB Specialties LLC, a portfolio company of LeBaronBrown Industries LLC, in its acquisition of of Debro Inc., a Canadian specialty chemicals distributor based in Brampton, ON.
  • Peabody Energy establishes $150 million unsecured revolving credit facility and $225 million at-the-market equity programJones Day represented Peabody Energy Corporation, a large private-sector coal company, in connection with the establishment of a $150 million unsecured revolving credit facility with Goldman Sachs Lending Partners LLC, as administrative agent, and the lenders party thereto, and a related at-the-market equity program for the sale of shares of its Common Stock having an aggregate gross sales price of up to $225 million through or to Goldman Sachs & Co. LLC, as sales agent.
  • American Pacific Group portfolio company acquires DigiCut, LLCJones Day advised American Pacific Group, a San Francisco-based private equity firm, in connection with the acquisition by portfolio company Fellers, along with Interwest Distribution Company, of DigiCut, LLC, a leading provider of film cutting software and templates for the automotive industry.
  • Morgan Stanley Capital Partners portfolio company acquires Labeltronix, LLCJones Day advised Morgan Stanley Capital Partners in connection with the acquisition by portfolio company AWT Labels & Packaging, Inc. (AWT) of Labeltronix, LLC, a leading label manufacturer of premium craft labels serving some of the country's most prominent brands, in a variety of markets including wine and spirits, craft beer, nutraceutical, food and beverage, and other CPG sectors.
  • Life insurance company provides NAV credit facility to middle-market direct lending fund and invests in Class A debtJones Day represented a life insurance company, as lead lender, in connection with a NAV revolving credit facility provided to a middle-market direct lending fund, and as Class A debt holder under an indenture pursuant to which the middle-market direct lender issued secured and unsecured notes.
  • Riverside portfolio company acquires Statcomm Inc.Jones Day represented The Riverside Company in connection with the acquisition by portfolio company Performance Systems Integration of Statcomm Inc., which provides repeating fire and life safety inspection, repair and maintenance services, as well as installation services for new construction and retrofits, to customers across various industries in the San Francisco Bay Area.
  • Riverside portfolio company acquires manufacturing facility in Mexico, MissouriJones Day advised The Riverside Company in the acquisition and financing by portfolio company Parker Products of a manufacturing facility located in Mexico, Missouri.
  • Speaking Engagements

    • May 2, 2012
      PLI’s Leveraged Financing 2012