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Michael Makhotin

Partner
About

Mike Makhotin focuses his practice on leveraged finance. He represents investment banks, debt funds, commercial banks, private equity sponsors, and public companies in domestic and cross-border bank and private credit financings, as well as debt capital markets transactions.

Mike advises on the negotiation and execution of syndicated and pro rata term loan and revolving credit facilities, including asset-based and reserve-based financings, bridge facilities, direct lending facilities, mezzanine financings, back-leverage financings, and the issuance of high-yield debt securities. He also acts for arrangers, initial purchasers, and borrowers in acquisition and spin-off financings, refinancings, and restructurings.

Mike has practiced in a variety of industries, including healthcare, construction and real estate, automotive, aviation, manufacturing, maritime, ground transportation, oil and gas, oilfield services, energy, chemicals, financial, retail trade, communications, education, and entertainment.

Bar admissionsNew York
Education
  • L.L.M., New York University School of Law
  • Law Degree (J.D. equivalent), St. Petersburg State University School of Law
    summa cum laude

EXPERIENCE

Prior to joining DLA Piper, Mike represented:

  • Debt financing sources in term loan B and revolving credit facilities totaling USD4.15 billion for an insurance brokerage company
  • A space technology company in the process of upsizing its revolving credit facilities, term loan A, and term loan B facilities to USD3.75 billion in the aggregate to finance the acquisition of a commercial high-resolution Earth imagery and geospatial solutions provider
  • Lead arrangers in USD3.48 billion cross-border syndicated credit facilities for a globally diversified pharmaceutical company
  • Investment banks in USD2.23 billion term and revolving credit facilities to finance the acquisition of a global manufacturing company
  • Initial purchasers and lead arrangers in USD1.25 billion credit facilities and multiple Rule 144A notes offerings in an aggregate amount of USD975 million for a diversified automotive components manufacturer
  • Investment banks in the arrangement of USD1.72 billion syndicated credit facilities for a smart home solutions provider
  • Debt financing sources in term loan B and revolving credit facilities totaling USD1.7 billion to finance the acquisition of a global educational content and services provider
  • Lead arrangers in dollar- and euro-denominated term loan B facilities totaling more than USD1.6 billion to finance the acquisition of a power systems and heating equipment manufacturer
  • A US private equity fund in a USD1.25 billion term loan B facility and a USD100 million super priority revolving credit facility to finance the acquisition of an operator of pipelines and processing facilities
  • Lead arrangers in a USD1.3 billion secured bridge facility for the acquisition of a non-controlling interest in a gas processing facility
  • Debt financing sources in a USD1 billion secured revolving credit facility for an international drilling rig operator
  • Initial purchasers in a USD900 million Rule 144A secured notes offering for a globally diversified manufacturing conglomerate
  • Lead arrangers in a USD775 million secured credit facility to finance the acquisition of a manufacturer of golf carts and small utility vehicles
Languages
  • English
  • Russian

Prior Experience

Prior to joining DLA Piper, Mike was a partner at a prominent Am Law 200 international law firm, where his practice focused on banking, finance, and capital markets matters.