Darby M. Branch

Darby obtained the following experience while an associate at Kirkland & Ellis.

• Amendment and upsize of a $2.5 billion debt financing facility.
• Refinancing of a first lien reserve-based credit facility with $3.5 billion of maximum commitments, a $1.8 billion borrowing base and $1.6 billion of elected commitments.
• Private placement of preferred stock and warrants for up to $105 million of proceeds.
• Negotiation of prepackaged Chapter 11 cases that equitized nearly $5 billion of funded indebtedness and secured over $1.1 billion aggregate new first-out and junior financing commitments and provided for a rollup of certain prepetition secured loans of participating lenders in a multi-currency debtor-in-possession financing package.
• $1 billion senior secured reserve-based credit facilities.
• Refinancing of existing first lien asset-based revolving credit facility and first lien term loan facility with new $225 million first lien and refinanced $107 million second lien term loan facilities.
• $250 million senior secured reserve-based credit facility.
• Refinancing of an existing ABL facility and term loan credit facility, providing for incremental available credit of up to $84.9 million.
• Refinancing of an existing senior secured revolving credit facility, providing for new commitments of $550 million.
• Amendment and restatement of a $900 million secured revolving facility and a $300 million secured term loan facility.
• Amendment and restatement of a $1.1 billion senior secured asset-based revolving credit facility.
• Amendment and restatement of a $950 million senior secured term loan B facility.