Kathleen Currey is an attorney with deep experience representing both financial institutions and borrowers in secured lending and restructuring matters. She has helped her clients structure, negotiate, and close numerous complex transactions. Kathleen’s proactive and client-focused approach leads to excellent commercial outcomes in her deals.
Kathleen's deal experience includes syndicated loan facilities, asset-based financings, lender finance transactions and debtor-in-possession financings, and the negotiation of complex intercreditor and subordination agreements. Kathleen’s practice also includes representing administrative agents in syndicated loan facilities.
Kathleen is devoted to seeing her clients close commercial finance transactions on the terms needed for their businesses. The fact that she represents the interests of both lenders and sophisticated borrowers has given her a unique – and highly effective – perspective that leads to the efficient management and closing of financing deals. With her business-centric outlook and responsive nature, Kathleen ensures that her clients are best-positioned to close their deals in a way that fits their business needs.
Represented borrowers in connection with $2.3 billion senior secured first lien syndicated revolver and term loan facility, $675 million second lien syndicated term loan facility, and $280 million syndicated asset sale bridge term loan facility used to acquire media and communications assets.*
Represented Bank of America, N.A., as agent, in connection with a senior secured, asset-based, cross-border revolving credit and term loan facility provided to Modular Space Holdings, Inc. and affiliates, which engaged in the sale and leasing of temporary buildings and structures. The companies filed pre-arranged chapter 11 bankruptcy cases in Delaware, and the firm represented the agent bank in the pre-petition, post-petition, and exit financings.
Assisted a national bank, as agent, in documenting a syndicated senior secured cross-border credit facility to a lender finance company.
Represented Bank of America, N.A., as agent, in connection with chapter 11 bankruptcy cases of Beaulieu Group, LLC, and its affiliates in the carpet manufacturing business. Representation involved the documentation and court approval of a $70 million debtor-in-possession asset based lending facility to support a marketing and sale process under section 363 of the Bankruptcy Code, resulting in the sale of the company as a going concern and payment of all secured claims in full.
Represented a national bank, as agent, in a senior secured asset based lending facility to a staffing company, including the negotiation of a complex first lien/second lien intercreditor arrangement.
Represented a national bank, as the agent for a syndicate of lenders, in providing a $1 billion pre-petition and post-petition syndicated senior secured asset-based credit facility to a sponsor-backed national distributor of tires, which facility included a cross-border component with both U.S. and Canadian borrowers and asset pools, and featuring additional first in - last out facilities. The transaction also required the negotiation of a complex lien subordination and intercreditor agreement with the term lenders holding secured term loan debt.
Represented a finance company, as lender, in connection with the closing of a credit facility to a heavy equipment dealer, which included construction financing.
Represented a regional bank, as agent, in connection with a unitranche secured asset based lending facility to a factoring and asset based lending company involving multiple intercreditor arrangements.
Represented a regional bank in connection with a senior secured asset based lending facility to a sponsor owned parts manufacturer. This transaction involved negotiation of a first lien/second lien intercreditor arrangement.
Represented a regional bank, as agent, in a $20 million senior secured asset based lending facility to a special purpose finance company.
* Denotes experience prior to joining Parker Hudson.