John E. Mazey

Partner

Dallas + 1.214.969.5006

John Mazey is a leader of Jones Day's private credit team and also has broad experience in leveraged and investment-grade finance. For more than 25 years, lenders, sponsors, and borrowers have turned to John for some of their most challenging deals. They rely on his command of complex debt structures and creditor dynamics and on the commercial sensibility he brings to finding practical solutions.

John advises across the full credit life cycle, from acquisition financings, refinancings, and strategic investments to liability management, workouts, and restructurings. He negotiates senior secured, unitranche, second lien, and mezzanine facilities; preferred equity; and other bespoke arrangements. Clients frequently call on him for advice on intercreditor and subordination terms in first-out/last-out and other multilayered capital structures.

When financings, creditor relationships, or a borrower's financial condition turn difficult, John pairs sophisticated transactional execution with strategic credit judgment. He helps clients balance economic and legal interests and reach value-preserving solutions. His work includes advising on out-of-court foreclosure and other nonconsensual remedies, structuring rescue loans, and navigating in-court restructurings involving debtor-in-possession and exit financing.

John's clients span technology and software, digital infrastructure and data centers, energy and utilities, aerospace and defense, construction and building materials, manufacturing, health care and pharmaceuticals, and retail, giving him firsthand insight into sector-specific credit risks and capital needs.

John's experience on both sides of the credit cycle informs every stage of his work, from negotiating the initial terms to navigating a workout or restructuring.

Experience

  • Gigstreem and Aerwave combineJones Day advised Gigstreem in its combination with Aerwave, creating a next-generation managed WiFi platform that will transform connectivity across the real estate industry.
  • Leading global provider of hyperscale data center campuses obtains $400 million secured equipment financing facilityJones Day advised a leading global provider of hyperscale data center campuses, together with its affiliates, in connection with a $400 million secured equipment financing facility, consisting of two tranches of $85 million and $315 million, respectively.
  • Crestline Direct Finance provides DIP financing and stalking horse credit bid in Wiser Solutions chapter 11 casesJones Day represented Crestline Direct Finance as administrative agent to prepetition secured lenders, postpetition DIP lenders, and as stalking horse bidder in the chapter 11 cases of Wiser Solutions, Inc., which operates a software-as-a-service ("SaaS") retail intelligence platform.
  • Gemspring Capital invests in Aeromed GroupJones Day advised Gemspring Capital Management, LP in the strategic minority investment in and financing of Aeromed Group LLC, a leading provider of comprehensive supply chain solutions to the global aerospace and defense industry.
  • Oncor Electric Delivery Company obtains $1.4 billion in term loan commitmentsJones Day represented Oncor Electric Delivery Company LLC, Texas's largest transmission and distribution electric utility, in connection with the establishment of a term loan credit facility in an aggregate principal amount of $1.4 billion.
  • Direct lender provides $131.5 million senior secured credit facility to large private equity-backed SaaS companyJones Day advised a direct lender, as administrative agent, in connection with a $131.5 million senior secured credit facility, consisting of a $75 million term loan, a $50 million delayed draw term loan, and a $6.5 million revolver, provided to a large family office sponsored SaaS technology company.
  • Evocative obtains financing for targeted investment in its data centersJones Day represented Evocative, a global provider of Internet infrastructure, in connection with entering into a debt facility to be used for targeted investment in its data centers.
  • Direct lender provides incremental term loan commitments to fund large sponsor-backed company's acquisition of Cypriot entity operating in commercial cruise and shipping industriesJones Day advised a direct lender, as administrative agent, collateral agent, sole lead arranger, and lender, in connection with an amendment to the credit facility of a large sponsor-backed borrower, which included an increase in term loan commitments.
  • Private credit fund purchases subordinated notes and warrants in amount of $100 millionJones Day advised a private credit fund in connection with the purchase of subordinated notes and warrants in the aggregate principal amount of $100 million, the proceeds of which were used to finance the acquisition of a cloud-based SaaS platform in the digital advertising space.
  • Granite Construction obtains $1.275 billion of term loan and revolving commitmentsJones Day represented Granite Construction Incorporated, one of the largest diversified construction and construction materials companies in the United States, in connection with its $1.275 billion senior secured credit facility, which consisted of $675 million in term loan commitments and $600 million in revolving commitments, and funded in part its acquisition of certain construction and construction materials companies.
  • Direct lender provides $76 million senior secured credit facility to precast concrete producer in connection with acquisition of new precast concrete facilityJones Day advised a direct lender, as agent, in connection with a $76 million senior secured credit facility, consisting of a $45 million term loan, $23 million delayed draw term loan, and $8 million revolver, provided to a precast concrete producer in connection with its acquisition of a sixth precast concrete facility.
  • Direct lender provides delayed draw term loan commitments and revolving commitments to fund large sponsor-backed company's acquisition of Dutch entitiesJones Day advised a direct lender, as administrative agent, collateral agent, sole lead arranger, and lender, in connection with an amendment to the credit facility of a large sponsor-backed borrower, which included an increase in delayed draw term loan commitments and revolving commitments.
  • Direct lender provides $100 million second-lien credit facility to large sponsor-backed cloud services and consulting providerJones Day advised a direct lender, as agent, in connection with a $100 million second-lien credit facility, consisting of a $80 million term loan and a $20 million delayed draw term loan, provided to a large sponsor-backed cloud services and consulting provider specializing in support for the world's largest cloud service platform.
  • Direct lender provides $167.5 million senior secured credit facility to large private equity-backed payments-platform providerJones Day advised a direct lender, as administrative agent, in connection with a $167.5 million senior secured credit facility, which consisted of a $107.5 million term loan, a $50 million delayed draw term loan, and a $10 million revolver, provided to a large private equity sponsored payments-platform provider.
  • Direct lender provides $55 million senior secured term loan to digital infrastructure, communications, and real estate companyJones Day advised a direct lender, as administrative agent, in connection with a $55 million senior secured term loan provided to a digital infrastructure, communications, and real estate company.
  • Oncor Electric Delivery Company obtains $3 billion in revolving commitmentsJones Day represented Oncor Electric Delivery Company LLC, Texas's largest transmission and distribution electric utility, in connection with the establishment of two revolving credit facilities totaling $3 billion in revolving commitments.
  • Direct lender provides $191 million senior secured credit facility to large private equity-backed leading national provider of pharmaceutical suppliesJones Day advised a direct lender, as administrative agent, in connection with a $191 million senior secured credit facility, which consisted of a $20 million revolver and a $171 million term loan, provided to a large private equity sponsored company that is a leading national provider of pharmaceutical supplies.
  • Direct lender provides $105 million senior secured credit facility to private equity-backed government software providerJones Day represented a direct lender, as administrative agent and a lender, in connection with a $105 million senior secured credit facility provided to a private equity sponsored company that is a leading provider of transaction and compliance software for state and local governments.
  • Direct lender provides $35 million senior secured credit facility to large private equity-backed leading provider of lease accounting and lease management software solutionsJones Day advised a direct lender, as administrative agent, in connection with a $35 million senior secured credit facility provided to a large private equity sponsored company that is the leading provider of lease accounting and lease management software solutions in North America.
  • Direct lenders provide €1.5 billion refinancing facilities to SumUpJones Day advised certain direct lenders on the €1.5 billion refinancing of SumUp, a global financial technology business.
  • Additional Speaking Engagements

    • October 2010
      Jones Day MCLE University - Dallas