Bracewell advises money-center banks and corporate borrowers on billions of dollars in syndicated loan facilities. Representative deals range from traditional corporate finance transactions to more complicated structured financings. We counsel both domestic and international lending institutions that regularly act as the lead arrangers in these types of financings. Many of these transactions are concentrated in the energy and construction industries. As a result, our lawyers have a thorough knowledge of market practices in term and revolving credit facilities and are sensitive to the interests of the numerous co-lenders that participate in these transactions.
In the syndicated loan markets, Bracewell & Giuliani enjoys a solid reputation for experienced, knowledgeable attorneys. We take a pragmatic and highly skilled approach to structuring, negotiating and documenting deals. With our global finance capabilities, we can help clients arrange syndicated financing structures virtually anywhere in the world.
For example, during just one week in 2006, Bracewell closed for Bank of America as administrative agent and lead lender in syndicated loan facilities for energy companies in excess of $2 billion. One of these transactions, a $1 billion loan to Helix Energy Solutions Group Inc. — in connection with its acquisition of Remington Oil and Gas Corporation — involved approximately 250 banks and institutional investors, a $300 million revolving credit facility and an $835 million term B facility.