Wargo French

Distinction with a Difference

Commercial Finance and Lending

Wargo French attorneys advise private and institutional lenders and borrowers through each phase of the commercial lending process and across various lending platforms.  Our attorneys have extensive experience in structuring and negotiating middle-market, asset-based loan transactions, including multi-bank syndicated loans, term loans, committed revolving credit facilities, lines of credit, and senior and mezzanine financings.  Our attorneys have experience representing lenders in private banking transactions, loans to non-profit institutions, and tax exempt and taxable bond financing transactions, as well as loans to borrowers in the healthcare, pharmaceutical, private equity, venture capital, and technology industries, among others.  Further, our attorneys have worked with private and institutional lenders and borrowers on a wide range of real estate financings, including loan originations, modifications, refinances, purchase money financings and construction financings, as well as SBA 7(a) and 504 loans for office, industrial, retail, residential, condominium, hotel, marina and mixed-use properties.  Our attorneys have also acted as local counsel on multi-state loan transactions.  
 
The following matters are indicative of the types of commercial finance matters successfully handled by Wargo French attorneys:
 
    • Represented lender in $650 million syndicated term loan facility to refinance indebtedness under existing notes and credit agreement and to fund working capital for casino expansion project.
    • Represented lender in $138 million syndicated credit facility to refinance existing bond indebtedness and finance construction of expansion of senior living facility.
    • Represented lender in multi-million dollar syndicated revolving and term credit facilities to refinance existing indebtedness and pay dividends to shareholders of leading plastics manufacturer.
    • Represented lender in participation in $178 million senior secured construction line of credit for construction of luxury continuing care retirement community.
    • Counseled lender in connection with increase in participation in multi-million dollar construction line of credit to finance construction of independent living facility.
    • Provided Florida legal opinion for borrower as requested by lender in connection with credit agreement to finance acquisitions, working capital, and capital expenditures.
    • Provided Georgia legal opinion for subsidiary guarantor in connection with offering of an aggregate of $300 million in 10.500% senior notes.
    • Provided Georgia legal opinion for subsidiary guarantor in connection with extension of a credit facility in the aggregate principal amount of $570 million, consisting of a term loan facility in an aggregate principal amount of $530 million, a revolving loan facility in an aggregate principal amount of $40 million, a letter of credit sub-facility in the aggregate availability amount of $5 million (as a sublimit of the revolving loan facility), and a swingline sub-facility in the aggregate availability amount of $5 million.
    • Represented leading middle-market investment bank as initial purchaser in the $200 million offering of 6.75% senior secured notes.
    • Represented leading manufacturer and distributor of branded frozen foods in a $475 million underwritten secondary public offering of ordinary shares.
    • Represented leading commercial fleet management, transportation and supply chain solutions company in a $450 million underwritten public offering of 3.40% fixed rate medium term notes and $300 million underwritten public offering of 2.50% fixed rate medium term notes.
    • Represented international quick service restaurant holding company in the extension of a $500 million revolving credit facility.
    • Represented international quick service restaurant holding company in connection with the issuance of $1.3 billion of 5.00% second lien senior secured notes.
    • Represented leading growth equity firm in a number of venture capital financings across the technology sector as lead investor.
    • Represented borrower in $16 million refinancing of a shopping center.
    • Represented lender in $20 million financing for a historic church in Atlanta, Georgia.
    • Represented lender in the multi-million dollar financing of a residential high-rise condominium in Nashville, Tennessee.
    • Represented lender in the construction financing of discount retail stores throughout the state of Georgia.
    • Represented lender in the equipment financing for a major bakery in Georgia.
    • Represented lender in the equipment financing for a printing company.
    • Represented lender and servicers in workouts and other resolutions related to non-performing loans, including debt restructurings, loan modifications, and forbearances.
    • Represented lender in the sale of real estate owned (REO) properties and defaulting loans.