Haynes and Boone Represents Bank of America in Credit Facility

04/13/2020

Haynes and Boone, LLP Houston Partner Brent Shultz led a team representing Bank of America, N.A., BofA Securities, Inc. as sole lead arranger and administrative agent in connection with a $250 million, 364-day credit facility with a publicly-traded utility company.

The transaction closed April 7, 2020.

Shultz was assisted on the matter by Haynes and Boone Associates Ochuko Hope and Molly Barham.

Shultz represents banks, financial institutions, investment funds and borrowers in a wide range of complex financing transactions. His practice focuses on fund finance (including capital commitment secured facilities), energy finance (including oil and gas reserve-based lending and credit facilities to midstream companies), investment grade lending, cash-flow facilities, asset-based facilities, acquisition finance, leveraged finance and other corporate finance transactions. In addition, his experience includes project finance, real estate finance, restructuring/workout and cross-border finance matters.

The firm’s Finance Practice Group has handled hundreds of deals worldwide in recent years. The firm structures new and sophisticated financing vehicles that fit the business needs of its clients, and it brings together lenders and borrowers to make deals. The Loan Pricing Corporation Law Firm League Tables, a national ranking of law firms handling syndicated loan transactions on behalf of lead arrangers, agents, or borrowers, has consistently ranked Haynes and Boone among the top 15 firms in the U.S. in terms of total volume of syndicated loans handled by the firm on behalf of lenders.

Haynes and Boone, LLP is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also ranks among the nation’s most recommended law firms by general counsel, according to BTI Consulting Group’s “Most Recommended Law Firms 2019” report.