Finance and Lending
Wiggin and Danaโs Finance and Lending Practice Group provides finance and lending advice to a broad spectrum of clients, including U.S. and foreign banks and financial institutions and assists many of the firmโs clients as borrowers in connection with the firmโs other corporate representations. Beyond our representation of banks and other financial institutions, our Finance and Lending team is integral to our clients in our other practice groups โ including Real Estate, Corporate, Mergers and Acquisitions, Emerging Companies and Venture Capital and Health Care โ in fulfilling their finance and investment needs. Across all industries, the Finance and Lending Practice Group advises our clients regarding complex financing transactions (including international commodities lending, asset-based financing, acquisition financing, accounts receivable financing, financial restructuring and other distressed debt situations), along with complex transactions relating to the acquisition and financing of capital assets (such as real property, equipment and major capital improvements), investment vehicles, equity raises and private placements. Lending sources utilized by our client borrowers include traditional banks, alternative lenders, private equity sponsors and investment funds, among others. With the complement of the firmโs other practice groups (such as environmental, labor, employment and benefits, intellectual property, tax, antitrust and regulatory), our team is positioned to provide clients with global advice regarding all financing and borrowing needs.
Lender Representation
Wiggin and Dana regularly assists U.S. and foreign bank and other financial institution clients in structuring and closing syndicated and bi-lateral, secured and unsecured, committed and uncommitted, complex commercial financing transactions across the United States and abroad. Such transactions include international commodities lending, asset-based financing, acquisition financing, mezzanine financing, accounts receivable financing, financial restructuring, work-outs, DIP financings and other distressed debt financing situations. Our Finance and Lending team regularly assists U.S. and foreign bank and other financial institution clients in connection with complex intercreditor agreements (including term B, mezzanine, commodity finance, subordinated debt and other complex intercreditor arrangements).
Company Borrowing
Wiggin and Dana regularly assists borrowers in structuring and closing acquisition financings, mezzanine financings, term loans, credit enhancement facilities, revolving credit facilities and other asset-based loan facilities.
Real Estate Finance
Our Real Estate Finance team routinely assists banks and other financial institutions, commercial real estate owners, investors and developers in structuring and closing complex real estate financing transactions. In addition to representing clients in connection with traditional lending facilities, we also represent borrowers receiving public benefits through industrial development agencies and local development corporations, as well as through other government-assisted loan transactions.
Equity Financings
The Finance and Lending Practice Group advises issuers, selling security holders and purchasers in private equity financings. Our group has extensive experience representing clients seeking to raise capital through private debt or equity financings and works closely with our Emerging Companies and Venture Capital team to achieve the goals of young companies.
M&A Financings
The Finance and Lending Practice Group advises banks and other financial institutions, as well as, public companies, closely-held businesses, and private equity funds, family offices and their portfolio companies, in buy or sell side acquisition financings. Our group has extensive experience representing clients in acquisition financings and works closely with our Mergers and Acquisitions team to successfully complete all such sales or acquisitions.
Distressed Situations
Wiggin and Dana is equipped to handle loan restructurings, work-outs, DIP financings and other distressed situations for both lenders and borrowers. Our team includes lawyers experienced in bankruptcy, financial restructuring and work-out matters; and our understanding of lender liability and creditorsโ rights issues allows us to counsel our clients on the risks of any particular transaction.
