Luke H.Schubert

Associate

Chicago + 1.312.269.1564

Luke Schubert practices corporate law, with a focus on financing transactions. He represents companies, financial institutions, and banks in a variety of corporate transactions and commercial financings.

Luke has experience in acquisition financings, syndicated and bilateral facilities, and secured loan transactions, among other general corporate matters.

Experience

  • Bridge to Life announces first close of $56 million growth financingJones Day advised Bridge to Life, Ltd. in its $56 million capital raise consisting of a secured credit facility and a Series A preferred equity investment.
  • Major distributor of alcoholic beverages amends and extends $105 million revolving credit facilityJones Day represented a major distributor of alcoholic beverages in connection with the amendment and extension of its $105 million revolving credit facility.
  • ABM amends and extends existing $1.95 billion credit facilityJones Day represented ABM Industries Incorporated, a leading provider of facility solutions, in connection with an amendment and extension to its existing $1.95 billion credit facility with Bank of America, N.A., as administrative agent.
  • U.S. Bank National Association acquires Debt Servicing and Securities Custody Services client portfolio of MUFG Union BankJones Day represented U.S. Bancorp, a bank holding company and the parent company of commercial bank U.S. Bank National Association, in its acquisition of the Debt Servicing and Securities Custody Services client portfolio of MUFG Bank N.A., a subsidiary of holding company MUFG Americas Holdings Corporation and a member of the Mitsubishi UFJ Financial Group.
  • LeBaronBrown Industries acquires NPS Holdings Inc.Jones Day advised LeBaronBrown Industries LLC in its acquisition of a majority interest in the NPS Towel & Tissue Division of NPT Holdings Inc., a leading towel & tissue and specialty packaging converter.
  • Xcel Energy obtains $1.2 billion 364-day term loan agreementJones Day represented Xcel Energy Inc., a provider of renewable energy, in connection with a new $1.2 billion 364-day term loan agreement.
  • Agriculture company amends credit agreementJones Day represented an agriculture company in connection with the negotiation and drafting of the second amendment to its credit agreement.
  • National bank amends $385 million credit agreementJones Day advised a national bank, as administrative agent, in connection with the $385 million amendment to a syndicated credit agreement.
  • Cleveland-Cliffs completes offers to exchange 6.375% Senior Notes and 7.00% Senior Notes issued by AK Steel CorporationJones Day represented Cleveland-Cliffs Inc. (“Cliffs”), a large vertically integrated producer of differentiated iron ore and steel in North America, in connection with its offers to exchange any and all 6.375% Senior Notes due 2025 and 7.00% Senior Notes due 2027 issued by AK Steel Corporation for the same aggregate principal amount of new notes issued by Cliffs’.
  • 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.
  • MYR Group amends and restates $375 million revolving credit facilityJones Day represented MYR Group, Inc., a national electrical contractor specializing in transmission and distribution, substation and commercial and industrial construction, in connection with their $375 million amended and restated revolving credit facility.
  • Corporate trustees seek advice relating to LIBOR transitionJones Day is advising two U.S.-based corporate trustees with respect to portfolios impacted by LIBOR transition and COFI cessation, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • Wells Fargo provides financing for boutique hotel in Denver, ColoradoJones Day advised Wells Fargo Bank, National Association in connection with a $51.66 million construction loan for a boutique hotel to be built in Denver, Colorado.
  • Wells Fargo provides $51.5 million construction loan for Curio Las Olas hotel in Fort Lauderdale, FloridaJones Day advised Wells Fargo Bank, National Association in connection with a $51.5 million construction loan for the Curio Las Olas hotel to be constructed in Fort Lauderdale, Florida.
  • Wells Fargo provides construction financing for hotel in Memphis, TennesseeJones Day advised Wells Fargo Bank, National Association in connection with a $29.1 million construction loan for a hotel to be constructed in Memphis, Tennessee.