Michael B.Shammo

Associate

Miami + 1.305.714.9744

Michael Shammo advises clients from a range of industries on commercial financing and capital markets transactions. He represents banks, equity sponsors, and public and private companies in connection with domestic and cross-border secured and unsecured credit facilities. His practice also includes public and private offerings of debt and equity securities and general corporate governance matters.

Michael also advises financial services industry participants on regulatory matters.

Michael maintains an active pro bono practice, representing asylum seekers through Jones Day's Border Project, participating in the Anti-Human Trafficking Task Force, and advising not-for-profit entities on corporate matters.

Experience

  • VSE Corporation acquires Turbine Controls, Inc.Jones Day advised 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.
  • Webster Bank provides $95 million asset-based credit facility to leading cabinet manufacturerJones Day represented Webster Bank, N.A. as administrative agent, collateral agent, sole lead arranger, bookrunner, and a lender, in connection with a $95 million credit facility consisting of a $55 million revolving credit facility, a $25 million equipment credit facility, and a $15 million term loan facility, provided to one of the fastest growing cabinet manufacturers in the United States.
  • EagleTree Capital acquires MMGY GlobalJones Day advised EagleTree Capital in the acquisition and financing of MMGY Global, a leading integrated marketing firm specializing in travel, tourism and hospitality, from Peninsula Partners and other shareholders.
  • Webster Bank arranges $134 million secured credit facilityJones Day represented Webster Bank, N.A. in connection with a $134 million credit facility consisting of a $109 million term loan facility and a $25 million revolving credit facility provided to a leading U.S. manufacturer of private label take-and-bake pizzas and flatbreads.
  • Greenpac Mill obtains $150 million revolving credit facilityJones Day represented Greenpac Mill, LLC, a subsidiary of Cascades Inc., in connection with a $150 million revolving credit facility with National Bank of Canada, as administrative agent.
  • EagleTree portfolio company acquires Weil & AssociatesJones Day advised EagleTree Capital in the acquisition and financing by portfolio company, PRA, of Weil & Associates, a destination management sector leader in the Hawaiian market.
  • Private credit lender provides $105 million incremental term loan facility supporting software company's acquisition of developer of mobile time and attendance solutionsJones Day advised a private credit lender in connection with a $105 million incremental term facility, comprised of an $85 million term loan and a $20 million delayed draw term loan, supporting a software company's acquisition of a developer of mobile time and attendance solutions in Utah.
  • Webster Bank provides $33.25 million credit agreement to medical product manufacturerJones Day represented Webster Bank, N.A., as administrative agent, lender, and letter of credit issuer, in connection with a $33.25 million credit agreement, consisting of a $5 million revolving credit facility and a $28.25 million term loan facility, provided to an owner of a network of manufacturers of disposable medical and surgical products for ear, nose, and throat (ENT) and cosmetic/plastic surgery applications in the United States and United Kingdom.
  • Wells Fargo amends its $170 million line of credit facilityJones Day represented Wells Fargo Bank, National Association, in connection with an amendment to its $170 million line of credit facility.
  • Hard Rock International refinances existing term loan facilitiesJones Day represented Hard Rock International in connection with the refinancing of its senior secured term loan facility and revolving credit facilities.
  • Angel fund obtains revolving credit facilityJones Day represented an angel fund in connection with a revolving credit facility obtained to replace the existing credit facility of a publicly traded company acquired by the fund.
  • United Natural Foods obtains $2.6 billion credit facilityJones Day advised United Natural Foods, Inc., a leading distributor of natural, organic, specialty, produce and conventional grocery and non-food products, and provider of support services to retailers in the United States and Canada, in connection with its $2.6 billion secured asset-based revolving credit facility, including a U.S. dollar equivalent of $100 million sublimit for borrowings in Canadian dollars, with Wells Fargo Bank, National Association as administrative agent.
  • Centre Lane Partners portfolio company acquires Fiskars' North American watering businessJones Day advised Centre Lane Partners, LLC in connection with the acquisition and financing by its portfolio company Lawn & Garden, LLC of Fiskars Corporation's North American watering business including the Gilmour and Nelson brands.
  • Goode Partners acquires ReadyWiseJones Day advised Goode Partners in the acquisition and financing of ReadyWise, the leader in emergency food preparedness.
  • Millicom International Cellular S.A. and Telemóvil El Salvador, S.A. de C.V. obtain $100 million term loan facilityJones Day advised Millicom International Cellular S.A. and Telemóvil El Salvador, S.A. de C.V. in connection with a five-year, $100 million term loan facility.
  • Millicom International Cellular S.A. obtains $100 million term loan facilityJones Day advised Millicom International Cellular S.A. in connection with a five-year, $100 million term loan facility.
  • Arsenal Capital Partners' portfolio company acquires Mascoat Ltd. and Verdia, Inc.Jones Day advised Arsenal Capital Partners in the acquisition and financing by portfolio company Seal For Life Industries of Mascoat Ltd. and Verdia, Inc., both privately owned specialty industrial coatings companies.
  • Hard Rock Northern Indiana enters into $450 million credit facilityJones Day represented Hard Rock Northern Indiana in connection with a $450 million senior secured credit agreement consisting of a $35 million revolving credit facility due 2026 and a $415 million term loan B due 2028.
  • Omnicom Group completes £325 million public offering of Senior NotesJones Day represented Omnicom Group Inc., a leading global marketing and corporate communications company, in connection with the public offering by Omnicom Capital Holdings plc, its wholly-owned subsidiary, of £325 million aggregate principal amount of 2.250% Senior Notes due 2033.
  • Millicom International Cellular obtains bridge loan facilityJones Day advised Millicom International Cellular S.A. in connection with a bridge loan facility with a syndicate of commercial banks.