Banking and Commercial Finance
Our team regularly counsels clients on the structuring, negotiation and documentation of both secured and unsecured credit accommodations.
MSW represents lenders and borrowers alike in commercial and industrial finance transactions. On the lender side, MSW represents international financial institutions, community banks and private lenders, including agent banks in syndicated credit transactions. On the borrower side, our clients include family-owned businesses, mid-market companies, developers, and entrepreneurs.
MSW’s work in this area encompasses revolving credit and term loan facilities, syndicated facilities, participations, letters of credit, asset-based financings, loan modifications and tax-exempt transactions. MSW represents lenders in the negotiation and documentation of complex intercreditor agreements, participation agreements and loan purchase agreements. The firm’s attorneys also act as local opinion counsel to borrowers and lenders in New Jersey and New York in connection with major credit facilities.
FOR COMPANY IN MID-ATLANTIC REGION
National bank in connection with a $125,000,000 revolving credit facility to a company in the Mid-Atlantic region.
FOR MAJOR ELECTRONICS RETAILER
National bank in connection with the documentation of a $100,000,000 unsecured line of credit facility for a major electronics retailer.
FOR PHARMACEUTICAL COMPANY
Senior secured lender in connection with the structuring and closing of a $75,000,000 revolving line of credit facility for a major pharmaceutical company and the negotiation of an intercreditor agreement with respect to a $50,000,000 line of credit secured by a second lien on the company’s assets.
FOR FOOD MANUFACTURER AND DISTRIBUTOR
International bank, as lender and administrative agent, in connection with the documentation of a $55,000,000 syndicated, revolving credit facility for a food manufacturer and distributor.
FOR REAL ESTATE OPERATOR
Borrower in connection with a $48,500,000 senior lien term loan secured by real estate and business assets in 4 states.
FOR REAL ESTATE OPERATING COMPANY
International bank in connection with the closing of a $27,500,000 secured revolving line of credit for New Jersey-based operating entity.
FOR FOOD DISTRIBUTOR
International bank in connection with the simultaneous closing of a $10,000,000 revolving line of credit, $5,500,000 single disbursement term loan and $1,000,000 multi-draw term loan for a food distributor.