Todd M.Roach

Of Counsel

Atlanta + 1.404.581.8274

Todd Roach has more than 20 years of experience advising clients in connection with a wide variety of secured and unsecured financing transactions. Todd's practice focuses on multiple industries, including media, telecommunications, specialty chemicals, energy, and automotive retail. He has represented borrowers, lenders, agents, and equity sponsors in a wide variety of commercial finance transactions, including secured and unsecured credit facilities, asset-based loans, project finance, acquisition finance, and mezzanine finance.

Prior to attending law school, Todd worked with Third National Bank (n.k.a. SunTrust Bank) in Nashville as a corporate lending management trainee for two years. He is a member of the Business Law Sections of the American Bar Association and the State Bar of Georgia.

Experience

  • VSE Corporation acquires Turbine Controls, Inc.Jones Day is advising VSE Corporation in the $120 million acquisition of Turbine Controls, Inc., a provider of maintenance, repair and overhaul (MRO) support services for complex engine components, as well as engine and airframe accessories, across commercial and military applications.
  • VSE Corporation sells Federal and Defense Services operating assetsJones Day advised VSE Corporation in the sale of substantially all of its Federal and Defense Services operating assets.
  • Newell Brands amends $1 billion revolving credit facilityJones Day represented Newell Brands Inc. (“Newell”), a leading consumer products company, in connection with the amendment restructuring its existing revolving credit facility.
  • Asbury Automotive amends and restates its $2.8 billion floorplan credit facilityJones Day represented Asbury Automotive Group, Inc. (together with certain of its subsidiaries), one of the largest automotive retail and service companies in the U.S., in connection with the amendment and restatement of its credit facility, providing for an increase in the aggregate commitments to $2.8 billion, consisting of a $1.925 billion new vehicle floorplan facility, a $375 million used vehicle floorplan facility, and a $500 million revolving credit facility.
  • Newell Brands enters into trade receivables facilityJones Day advised Newell Brands Inc., a leading consumer products company, in connection with its seasonally adjusting $225-$275 million trade receivables facility with Royal Bank of Canada, as administrative agent.
  • Greystar completes $850 million refinancingJones Day advised Greystar Real Estate Partners, LLC, a fully-integrated property management, investment management and development and construction services company specializing in the multifamily real estate industry, in connection with its $850 million refinancing, consisting of (i) a new $450 million syndicated “term loan B” credit facility, and (ii) the issuance of $400 million in aggregate principal amount of 7.750% Senior Secured Notes due 2030 in a Rule 144A and Regulation S offering.
  • VSE Corporation completes $120 million public offering of Common StockJones Day represented VSE Corporation (NASDAQ: VSEC) in connection with an underwritten public offering of 2,475,000 shares of VSE's Common Stock at a price of $48.50 per share.
  • VSE Corporation partners with The Loar Group to acquire Desser AerospaceJones Day advised VSE Corporation (NASDAQ: VSEC) ("VSE") in its acquisition (the "Acquisition") of Desser Aerospace ("Desser") for a purchase price of $124 million.
  • Greystar refinances its existing revolving credit facilityJones Day represented Greystar Real Estate Partners, LLC, a fully-integrated property management, investment management and development and construction services company specializing in the multifamily real estate industry globally, in connection with the $150 million refinancing of its existing revolving credit facility.
  • HanesBrands obtains $900 million incremental term loan B facilityJones Day advised HanesBrands Inc., a global leader in the marketing of everyday basic innerwear and activewear apparel in the Americas, Australia, Europe, and Asia, in connection with its $900 million incremental term loan B facility.
  • Gray Television enters into $300 million trade receivables facilityJones Day advised Gray Television, Inc., a television broadcast company, in connection with its $300 million trade receivables facility with Wells Fargo Bank, National Association, as administrative agent.
  • HanesBrands completes $600 million Senior Notes offering and prices $900 million term loan B facilityJones Day represented HanesBrands Inc. in connection with (i) a Rule 144A and Regulation S offering of $600 million aggregate principal amount of 9.000% Senior Notes due 2031 and (ii) an amendment to the credit agreement that governs the company's existing senior secured credit facilities to provide for a new $900 million senior secured term loan B facility (the “Term Loan B”).
  • Roper Technologies sells majority stake in industrial businesses to Clayton Dubilier & Rice, LLC for $2.6 billionJones Day advised Roper Technologies, Inc. on the sale of a majority stake in its industrial businesses, including its entire Process Technologies segment and the industrial businesses within its Measurement & Analytical Solutions segment, to an affiliate of Clayton Dubilier & Rice, LLC, for $2.6 billion in cash and contingent consideration of up to $51 million.
  • Aaron's Company acquires BrandsMart U.S.A. for $230 millionJones Day advised The Aaron's Company, Inc., a leading technology-enabled, omnichannel provider of lease-to-own and purchase solutions, on its acquisition of BrandsMart U.S.A. for $230 million.
  • Aaron's Company obtains $12.5 million unsecured franchise loan facilityJones Day represented The Aaron's Company, Inc., a leading technology-enabled, omnichannel provider of lease-to-own and purchase solutions, in connection with a new $12.5 million unsecured franchise loan facility with a financial institution, as servicer, which operates as a guaranty by Aaron's of certain debt obligations of certain franchisees under a franchise loan program.
  • Aaron's Company obtains $550 million credit agreementJones Day represented The Aaron's Company, Inc., a leading technology-enabled, omnichannel provider of lease-to-own and purchase solutions, in connection with a new $550 million unsecured credit facility with a financial institution, as administrative agent, consisting of a $375 million revolving credit facility and a $175 million term loan facility.
  • Newell Brands sells the Connected Home & Security business to Resideo TechnologiesJones Day advised Newell Brands Inc. in the $593 million sale of the Connected Home & Security (CH&S) business to Resideo Technologies, Inc.
  • Asbury Automotive Group acquires Larry H. Miller Dealerships and Total Care Auto for $3.2 billionJones Day advised Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., in its acquisition of Larry H. Miller Dealerships, and Total Care Auto, Powered by Landcar for $3.2 billion.
  • Gray Television acquires Meredith Corporation's Local Media Group for $2.8 billionJones Day advised Gray Television, Inc. in the $2.8 billion acquisition and financing of Meredith Corporation’s Local Media Group, which owns 17 broadcast television stations in 12 local markets.
  • Asbury Automotive completes $600.6 million Shares of Common Stock and $1.4 billion Senior Notes offeringJones Day represented Asbury Automotive Group, Inc. (the "Company") in connection with (i) its underwritten public offering (the "Common Stock Offering") of 3,795,000 Shares of its Common Stock, par value $0.01 per share (the "Shares") resulting in gross proceeds of approximately $600.6 million and (ii) its offering of Senior Notes (the “Notes Offering”), consisting of $800 million aggregate principal amount of 4.625% Senior Notes due 2029 (the “2029 Notes”) and $600 million aggregate principal amount of 5.000% Senior Notes due 2032 (the “2032 Notes” and, together with the 2029 Notes, the “Notes”).