Jon Finelli

Special Counsel

jon.finelli@bakerbotts.com

New York

P: +1.212.408.2515 F: +1.212.259.2515
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Jon Finelli is a special counsel in the New York office of Baker Botts. He represents investment banks, private equity sponsors, hedge funds and public and private corporations in complex domestic and cross-border financings. Mr. Finelli has significant experience representing both borrowers and lenders in acquisition financings, leveraged buyouts, recapitalizations and refinancings, mezzanine investments and restructurings.

Prior to joining Baker Botts, Mr. Finelli was an associate at an international law firm.

Related Experience

Corporate Borrower Representations

  • International oil field services company - (i) $8.6 billion bridge loan commitment to fund major acquisition, (ii) $4.0 billion amended and restated unsecured revolving credit facility, (iii) $7.5 billion senior notes offering to fund major acquisition and (iv) $1.0 billion term loan facility to fund major acquisition
  • Drop shipping (e-commerce) company - $125 million secured revolving credit facility
  • Residential solar systems provider - $830 million of revolving warehouse facilities
  • International exploration and production company - $650 million reserve based revolving credit facility
  • Building materials company - $500 million amended and restated unsecured revolving credit facility
  • Media investment company - $400 million of margin loans in connection with corporate spin-off
  • International consumer products manufacturer and distributor - $315 million first lien credit facilities and $90 million second lien facility in connection with a leveraged buyout
  • International cruise company - $850 million amended and restated unsecured revolving credit facility

Sponsor Representations

  • $720 million syndicated secured credit facilities and $300 million Rule 144A debt offering to acquire an online family history resource website
  • $600 million syndicated secured credit facilities and $127 million and €56 million Rule 144A debt offering to acquire an international software developer
  • $435 million syndicated secured credit facilities and $135 million Rule 144A debt offering to acquire a major security services company
  • $1.3 billion syndicated first lien credit facilities and $490 million syndicated second lien credit facility to refinance existing debt of an international agro-chemical company (portfolio company)
  • $177.5 million first lien credit facilities and $45 million second lien facility to refinance existing debt of an international packaging manufacturer (portfolio company)
  • $340 million secured credit facilities in connection with a dividend recapitalization involving a software developer and solutions provider (portfolio company)
  • $325 million syndicated secured credit facilities to acquire a medical-grade silicone manufacturer

Underwriter/Initial Purchaser Representations

  • $700 million senior secured first lien notes issued by exploration and production company
  • $1.250 billion senior secured second lien notes issued by exploration and production company

Mezzanine Investor Representations

  • Institutional investor - $100 million preferred stock equity investment in restaurant chain
  • Hedge fund - $60 million private placement of unsecured notes issued by insurance services firm
  • Insurance company - $220 million private placement of unsecured notes issued by privately owned auto-parts manufacturer
  • Insurance company - $70 million mezzanine term loan incurred by packaging solutions company (which is privately held by equity sponsor)

Fund Management

  • Hedge Fund - over $100 million of revolving credit facilities in connection with fund liquidity
  • MLP Fund - $395 million secured revolving credit facility in connection with fund liquidity

Restructurings

  • Exploration and production company - representation of debtor in possession in connection with $100 million DIP ABL credit facility and $100 million exit ABL credit facility
  • Exploration and production company - representation of issuer in connection with the exchange of existing notes into over $1.8 billion of first and second lien notes
  • Exploration and production company - representation of underwriter in connection with the exchange of existing notes into over $1.2 billion of senior secured PIK notes and second lien convertible PIK notes
  • Electric utility company - representation of energy provider in connection with the restructuring of sale leaseback transactions and subsidiary debt
  • Exploration and production company - representation of debtor in possession in connection with $450 million exit term loan facility
  • Automotive parts manufacturer - representation of debtor in possession in Chapter 11 reorganization
  • New York State Insurance Department - representation of department in the restructuring of financial guaranty insurers
  • Automotive parts manufacturer - representation of equity committee in Chapter 11 reorganization

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