Frank Quinn, Jeanine Margiano and Team Close $70 million Senior Secured Credit Facility

Wednesday, May 2, 2012

Frank Quinn (Partner, New Brunswick) and Jeanine Margiano (Associate, New York) and team recently represented the senior lender on a $70 million multi-currency, multi-rate senior secured credit facility. The transaction involved the refinancing of an agented multi-bank credit facility in favor of a single bank structure, all in anticipation of an IPO of a portion of the company's ownership held by its founders and equity sponsors.

Frank and Jeanine were counsel on corporate and loan documentation matters, together with Michael Brenna (Associate, New Brunswick) on real estate matters and Alan Landzberg (Counsel, New York) on certain international tax matters. The transaction closed on April 4, 2012.

The lender is one of the largest banks in the United States, operating through its middle-market lending facilities in Northern New Jersey. The borrower is an internationally recognized designer and producer of high-end luggage and other travel accessories headquartered in New Jersey, with a vast domestic and international distribution network.

Learn more about Windels Marx's work in middle-marketing lending and corporate finance and syndicated lending.