Kira L. Mineroff

Representative Matters

• Verra Mobility Corporation with amendments to its subsidiaries’ first lien term loan and ABL credit facilities with Bank of America, which, among other things, established a US$250 million incremental term loan.  The company used the proceeds of the loans, together with cash on hand, to acquire T2 Systems Parent Corporation, providing the company with an integrated suite of parking software and hardware solutions, rounding out the company’s portfolio of urban mobility technology and diversifying its customer base.
• A private credit fund as arranger, administrative agent and last-out lender of senior secured revolving and term loan facilities to middle-market borrowers with private equity sponsors, the proceeds of which the borrowers use for acquisitions and working capital.
• A private credit fund as borrower under net asset value credit facilities from Ally Bank in a multimillion-dollar amount across multiple funds, the proceeds of which the funds used to originate loans.
• An international producer and distributor of medicinal and recreational cannabis based in Ontario, with its US$120 million credit facility with Bank of Montreal, consisting of a US$20 million revolver and a US$100 million term loan.
• An investment management firm in connection with distressed debt trades based on LSTA forms.
• Appvion, Inc., a paper company, with its US$85 million debtor-in-possession financing, agented by Wilmington Trust National Association.
• A Cayman reinsurance company with a US$75 million letter of credit facility provided by CIBC Bank USA.  
• Cross River Bank as agent and senior lender, with its US$45 million senior secured warehouse facility to a sale-leaseback provider, secured primarily by commercial real property.
• A private credit fund in connection with its short-term senior secured bridge loan to a newly formed SPV, the proceeds of which were used to acquire a subordinated tranche of mortgage debt securities, which in turn secured the loan.
• US$75.0 million private placement of 8% Senior Secured Notes for Trulieve Cannabis Corp., a leading and top-performing cannabis company in the U.S.  
• An information technology business services company, with its senior secured credit facility with Bank of America. The facility consisted of a US$75 million revolver and a US$45.5 million delayed draw term loan, the proceeds of which are to be used to refinance existing debt, make payments under the company’s subordinated debt facilities and for permitted buybacks. 
• Various senior secured revolving warehouse facilities for SPE subsidiaries of Opportunity Financial, a leading financial technology platform that powers banks to help everyday consumers gain access to credit.
• Philip Morris International Inc. with its amendment and extension of its revolving credit facility with Citibank.
• The Hagerty Group, LLC with an amendment to its senior secured revolving credit facility with JPMorgan Chase Bank, N.A.