REPRESENTATIVE EXPERIENCE
Grayson C. Felner
Corporate Transactions
Advised Hexagon AB (STO: HEXA-B), a global leader in measurement technologies, in its purchase of Waygate Technologies from Baker Hughes for approximately US$1.45 billion under the definitive agreement.
Energy Transactions
Represented a Danish renewable development energy company with respect to a joint venture agreement to develop an offshore wind farm.
Advised a South Korean asset manager focused on energy-related investments across South Korea and the United States as to matters of Delaware law in connection with the making of an investment into a US oilfield service company and financing related thereto.
Advised Mitsui O.S.K. Lines Ltd. (MOL) (TYO: 9104) on its investment in the Delfin LNG Project, developing the first floating liquified natural gas facility in the United States.
Maritime Transactions
Represented Donjon Marine Co., Inc. in connection with its auction process, restructuring, and sale to Tallvine Partners and Thoroughbred LLC. Donjon Marine, based in New Jersey, is a vertically integrated marine services company engaged in dredging; marine salvage; wreck removal; shipbuilding; ship repair; and marine demolition, disposal, and recycling.
Represented a US vessel owner in connection with the amendment of a credit facility to provide for acquisition financing of a general cargo vessel.
Represented an international joint venture in the sale and purchase documentation of four LPG carriers in connection with the dissolution of the joint venture.
Represented a US-flag vessel owner in connection with maritime-related diligence and bid proposal for a proposed acquisition and potential sale of the company.
Assisted a maritime and logistics company in the de-registration of two LPG carriers from the Marshall Islands and registration to Malta flag.
Represented a US-based joint venture with the acquisition of two foreign-built barges and one tug for use in Guam.
Represented a US vessel owner in connection with the acquisition of a Malaysian-flag supply vessel.
Finance Transactions
Represented a Japanese commercial bank in the negotiation, entry into, and administration of a US$80 million secured term credit agreement to finance the purchase of certain aircraft.
Represented a New York City, New York-headquartered alternative investment fund to directly fund a US$10 million growth platform acquisition.
Represented the New York branch of a global financial institution as lender and agent under a Term Credit Agreement in favor of two aviation leasing and finance companies, as borrowers, and an aviation finance entity as guarantor.
Represented capital finance vertical of a large national bank in connection with structured receivables financing to a specialty lender in an original amount not to exceed US$125 million with a possible increase up to US$225 million.
Advised Fetch.ai, an AI company, in a precedent-setting transaction in the cryptocurrency market where Interactive Strength Inc., a maker of innovative specialty fitness, entered into a securities purchase agreement to raise up to US$500 million in capital to acquire $FET tokens, a leading AI digital asset developed by Fetch.ai.
Represented a Japanese commercial bank in the negotiation, entry into, and administration of an amendment to a US$150 million green revolving credit agreement with a leading global developer and operator of clean energy solutions.
Represented a national bank as agent in an approximately US$200 million ABL revolving credit facility to a fast-growing non-bank lender.
Represented a multidiscipline construction, fabrication, and maintenance contractor in the negotiation and implementation of approximately US$150 million credit facility.
Represented a New York City, New York-headquartered alternative investment fund to directly fund a US$2.2 million growth platform acquisition.
Represented an alternative investment fund in the negotiation, entry into, and maintenance of a senior secured credit facility on an initial amount of US$10.1 million to finance the acquisition of and establish the acquisition growth platform for a series of investigative services providers.
Represented a New York City, New York-headquartered alternative investment fund in connection with an approximately US$1 million growth platform financing to expand its roofing and siding company portfolio.
Advised a financial services company as lender in the financing of six aircraft to an aircraft leasing corporation and its wholly owned subsidiaries.
Represented a Japanese commercial bank in the negotiation and entry into insured subscription fund finance facilities providing approximately US$115 million to a private credit fund focused on growth and strategic initiatives for family-owned businesses.
Represented a Japanese commercial bank in the negotiation, entry into, and administration of US$966.5 million syndicated unsecured credit agreement.
Represented an alternative investment fund in connection with a US$12 million senior secured growth-capital credit facility comprised of term loans, delayed draw term loans, and an unfunded revolver and a related equity co-investment.
