TylerSinger

Associate

Cleveland + 1.216.586.7232

Tyler Singer focuses his practice on commercial financing, including representing public and private companies and financial institutions in connection with unsecured and secured credit facilities. He has experience in various types of financing transactions, including syndicated, multibank facilities; cross-border and multicurrency facilities; acquisition-related facilities; asset-based financing; and debt offerings.

Tyler represents public companies, including The Sherwin-Williams Company, WESCO International, Cleveland-Cliffs, Lamb Weston Holdings, FirstEnergy, STERIS, and TopBuild, as well as financial institutions, including, among others, KeyBank National Association and Bank of America, N.A.

Experience

  • 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.
  • 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.
  • WESCO International obtains $150 million incremental increase to revolving credit facility with Barclays Bank PLCJones Day represented WESCO International, Inc., a global electrical, communications and utility distribution and supply chain solutions company, in connection with a $150 million incremental increase to its revolving credit facility with Barclays Bank PLC, as administrative agent, bringing the total size of the facility to $1.35 billion.
  • WESCO International obtains $100 million incremental increase to receivables securitization facility with PNC BankJones Day represented WESCO International, Inc., a global electrical, communications and utility distribution and supply chain solutions company, in connection with a $100 million incremental increase to its receivables securitization facility with PNC Bank, National Association, as administrator, bringing the total size of the facility to $1.4 billion.
  • Ulanqab Lamb Weston Food Co., Ltd. obtains RMB1.079 billion term loan facilityJones Day represented Ulanqab Lamb Weston Food Co., Ltd., a limited liability company incorporated under the laws of the People's Republic of China and a wholly-owned subsidiary of Lamb Weston Holdings, Inc., in connection with a RMB1.079 billion term loan facility provided by HSBC Bank (China) Company Limited, Shanghai Branch, as the facility agent, and its related capital investment in a new french fry processing facility in Ulanqab, Inner Mongolia.
  • 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.
  • PNC Bank provides $1.5 billion term loan facility to The Cooper Companies, Inc.Jones Day represented PNC Bank, National Association, as administrative agent, in connection with a $1.5 billion term loan facility provided to The Cooper Companies, Inc., a global medical device company.
  • The Bank of Nova Scotia provides $840 million term loan facility to The Cooper Companies, Inc.Jones Day represented The Bank of Nova Scotia, as administrative agent, in connection with a $840 million 364-day term loan facility provided to The Cooper Companies, Inc., a global medical device company.
  • Cleveland-Cliffs obtains $1 billion incremental increase to existing credit facility with Bank of America, N.A.Jones Day represented Cleveland-Cliffs Inc., the largest flat-rolled steel producer and the largest supplier of iron ore pellets in North America, in connection with a $1 billion incremental increase to its existing asset-based revolving credit facility with Bank of America, N.A., as administrative agent, bringing the total size of the facility to $4.5 billion.
  • FirstEnergy obtains $4.5 billion financing packageJones Day represented FirstEnergy Corp., a diversified energy holding company, and certain of its subsidiaries in connection with six new credit facilities in an aggregate amount of $4.5 billion, consisting of (i) a $1 billion senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, (ii) an $800 million senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, (iii) a $950 million senior unsecured revolving credit facility with Mizuho, Ltd., as administrative agent, (iv) a $500 million senior unsecured revolving credit facility with Mizuho, Ltd., as administrative agent, (v) a $400 million senior unsecured revolving credit facility with Mizuho, Ltd., as administrative agent, and (vi) an $850 million senior unsecured revolving credit facility with the administrative agent thereto.
  • STERIS signs $2.55 billion financing package in connection with acquisition of Cantel MedicalJones Day represented STERIS plc, a leading provider of infection prevention and other procedural products and services, in connection with a new (i) $1.25 billion revolving credit facility, (ii) $550 million term loan facility, and (iii) $750 million delayed draw term loan facility with JPMorgan Chase Bank, N.A., as administrative agent, the proceeds of which will be used, in part, to finance the acquisition of Cantel Medical Corp, a global provider of infection prevention products and services primarily to endoscopy and dental customers.
  • Cleveland-Cliffs acquires Ferrous Processing and Trading Company for $775 millionJones Day advised Cleveland-Cliffs Inc. in the $775 million acquisition of Ferrous Processing and Trading Company (FPT), including certain related entities.
  • TopBuild amends existing credit agreementJones Day represented TopBuild Corp., a leading installer and distributor of insulation and building material products to the U.S. construction industry, in connection with an amendment to its existing credit agreement with Bank of America, N.A., as administrative agent, to, among other things, increase the revolving commitments to $500 million and provide a new $300 million delayed draw term loan.
  • TopBuild acquires Distribution International in all-cash transaction valued at $1.0 billionJones Day represented TopBuild in its acquisition of Distribution International from global private equity firm Advent International in an all-cash transaction valued at $1.0 billion.
  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day is acting 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.
  • STERIS acquires Cantel Medical for $3.6 billionJones Day advised STERIS plc in its acquisition of Cantel Medical Corp, a global provider of infection prevention products and services primarily to endoscopy and dental customers, for $3.6 billion.
  • KeyBank provides $2.14 billion credit facility to Cooper CompaniesJones Day represented KeyBank National Association, as administrative agent, in connection with a $2.14 billion credit facility consisting of a $850 million term loan facility and a $1.29 billion multicurrency revolving credit facility provided to The Cooper Companies, Inc., a global medical device company.
  • Cleveland-Cliffs obtains $2 billion credit facilityJones Day represented Cleveland-Cliffs Inc., a large vertically integrated producer of differentiated iron ore and steel in North America, in connection with a $2 billion asset-based revolving credit facility with Bank of America, N.A., as administrative agent.
  • Cleveland-Cliffs obtains $1.5 billion incremental increase to existing credit facility with Bank of America, N.A.Jones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with a $1.5 billion incremental increase to its existing asset-based revolving credit facility with Bank of America, N.A., as administrative agent, bringing the total size of the facility to $3.5 billion.
  • Cleveland-Cliffs acquires ArcelorMittal USA for approximately $1.4 billionJones Day advised Cleveland-Cliffs Inc. in connection with the acquisition and financing of substantially all of the operations of ArcelorMittal USA for approximately $1.4 billion.
  • DataBank acquires zColo for $1.4 billionJones Day advised DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, in connection with the acquisition and financing of zColo, including certain U.S. and European data center assets, from Zayo Group Holdings, Inc. for $1.4 billion.
  • Cleveland-Cliffs acquires AK Steel in $1.1 billion stock swapJones Day advised Cleveland-Cliffs Inc. (NYSE: CLF) in its merger with AK Steel Holding Corporation (NYSE: AKS) pursuant to which Cliffs acquired all of the issued and outstanding shares of AK Steel common stock.
  • WESCO International amends and restates $1.1 billion asset-based credit facilityJones Day represented WESCO International, Inc., a leading provider of business-to-business distribution, logistics services and supply chain solutions, and its subsidiaries in connection with the $1.1 billion fourth amendment and restatement of its asset-based credit facility provided by Barclays Bank PLC, as administrative agent, and the other lenders party thereto.
  • WESCO International amends and restates $1.025 billion receivables securitization facilityJones Day represented WESCO International, Inc., a leading provider of business-to-business distribution, logistics services, and supply chain solutions, and its subsidiaries in connection with the $1.025 billion fifth amendment and restatement of its receivables securitization facility with PNC Bank, National Association, as administrator, and the various purchaser groups party thereto
  • Lamb Weston obtains new $1 billion multicurrency revolving credit facilityJones Day represented Lamb Weston Holdings, Inc., a leading global producer, distributor and marketer of value-added frozen potato products, in connection with a new $1 billion multicurrency revolving credit facility provided by Bank of America, N.A., as administrative agent.
  • Lamb Weston amends existing credit agreement with Bank of AmericaJones Day represented Lamb Weston Holdings, Inc., a leading global producer, distributor, and marketer of value-added frozen potato products, in connection with an amendment to its existing credit agreement with Bank of America, N.A., as administrative agent, to, among other things, provide a new $750 million revolving credit facility.
  • 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.
  • 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 completes $555.2 million Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of an additional $555.2 million aggregate principal amount of 9.875% Senior Secured Notes due 2025 and the repurchase and cancellation of $736.4 million aggregate principal amount of outstanding Senior Notes.
  • PNC Bank amends $500 million term loan facility for Cooper CompaniesJones Day represented PNC Bank, National Association, as administrative agent, in connection with the amendment to a $500 million term loan facility provided to The Cooper Companies, Inc., a global medical device company.
  • Cleveland-Cliffs completes $400 million Senior Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of $400 million aggregate principal amount of 9.875% Senior Secured Notes due 2025
  • Hyster-Yale obtains $300 million multicurrency revolving credit facilityJones Day represented Hyster-Yale Materials Handling, Inc. (the “Company”), a designer, engineer, manufacturer, seller, and servicer of a comprehensive line of lift trucks and aftermarket parts marketed globally, in connection with a $300 million multicurrency revolving credit facility ("Facility") with Bank of America, N.A., as administrative agent.
  • Hyster-Yale obtains $225 million term loan facilityJones Day represented Hyster-Yale Materials Handling, Inc., a designer, engineer, manufacturer, seller, and servicer of a comprehensive line of lift trucks and aftermarket parts marketed globally, in connection with a new $225 million term loan facility with Bank of America, N.A., as administrative agent.
  • Wells Fargo provides $210 million loan secured by multifamily residential propertiesJones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with a $210 million loan secured by three multifamily residential properties in Colorado, North Carolina, and Oregon.
  • FirstEnergy subsidiary completes $200 million private placement of First Mortgage BondsJones Day represented Monongahela Power Company, an electric public utility subsidiary of FirstEnergy Corp., a diversified energy holding company, in connection with its private placement of $155 million aggregate principal amount of 3.23% First Mortgage Bonds due 2029 and $45 million aggregate principal amount of 3.93% First Mortgage Bonds due 2049.
  • WESCO International obtains $175 million incremental increase to existing receivables securitization facility with PNC BankJones Day represented WESCO International, Inc., a leading provider of business-to-business distribution, logistics services and supply chain solutions, and its subsidiaries in connection with an $175 million incremental increase to its existing receivables securitization facility with PNC Bank, National Association, as administrator, bringing the total size of the facility to $1.2 billion.
  • Wells Fargo provides $166.6 million financing for construction of 640-unit Class A apartment property in Washington, D.C.Jones Day advised Wells Fargo Bank, National Association in connection with a $166.6 million loan to finance the construction of a 640-unit Class A apartment property located in Washington, D.C.
  • Shiloh Industries obtains $123.5 million DIP financingJones Day represented Shiloh Industries, Inc., a global innovative solutions provider focusing on lightweighting technologies that provide environmental and safety benefits to the mobility market, in connection with a superpriority secured debtor-in-possession credit facility with Bank of America, N.A., as administrative agent
  • North American Coal obtains $120 million revolving credit facilityJones Day represented The North American Coal Corporation, an American coal mining and mining services company and a subsidiary of NACCO Industries, Inc., in connection with a new $120 million revolving credit facility with PNC Bank, National Association, as administrative agent.
  • Cleveland-Cliffs completes $120 million Secured Notes offeringJones Day represented Cleveland-Cliffs Inc., one of the largest vertically integrated producers of differentiated iron ore and steel in North America, in connection with an offering of an additional $120 million aggregate principal amount of 6.75% Senior Secured Notes due 2026.
  • WESCO International obtains $100 million incremental increase to existing receivables securitization facility with PNC BankJones Day represented WESCO International, Inc., a leading provider of business-to-business distribution, logistics services and supply chain solutions, and its subsidiaries in connection with an $100 million incremental increase to its existing receivables securitization facility with PNC Bank, National Association, as administrator, bringing the total size of the facility to $1.3 billion.
  • WESCO International obtains $100 million incremental increase to existing asset-based credit facility with Barclays Bank PLCJones Day represented WESCO International, Inc., a leading provider of business-to-business distribution, logistics services and supply chain solutions, and its subsidiaries in connection with a $100 million incremental increase to its existing asset-based credit facility with Barclays Bank PLC, as administrative agent, bringing the total size of the facility to $1.2 billion.
  • KeyBank provides $100 million credit facility to Purple Innovation, Inc.Jones Day represented KeyBank National Association, as administrative agent, in connection with a $100 million credit facility, consisting of a $45 million term loan facility and a $55 million revolving credit facility, provided to Purple Innovation, Inc., a leading comfort technology company.
  • KeyBank provides $60 million credit facility to Full Circle Fiber OperatingJones Day represented KeyBank National Association, as administrative agent, in connection with a $60 million credit facility consisting of a $52.5 million initial term loan facility and a $7.5 million revolving credit commitment, including a $3.5 million sub-facility for the issuance of letters of credit, provided to Full Circle Fiber Operating LLC, a provider of communication infrastructure and related products and services.
  • North American Coal obtains $30 million incremental increase to existing revolving credit facility with PNC BankJones Day represented The North American Coal Corporation, an American coal mining and mining services company and a subsidiary of NACCO Industries, Inc., in connection with a $30 million incremental increase to its existing revolving credit facility with PNC Bank, National Association, as administrative agent, bringing the total size of the facility to $150 million.
  • Financial institution amends credit facility with infrastructure services company to finance acquisition of developer or modifier of computer software and packagingJones Day represented a financial institution, as administrative agent, in connection with an amendment to its existing credit facility with an infrastructure services company to finance its acquisition of a developer or modifier of computer software and packaging.