William Brady
Partner
Areas of Focus
- Private Credit
- Corporate & Finance
- Special Situations & Private Credit
- Special Situations
- Leveraged Finance
- Financial Restructuring
- Structured Credit
- Credit Funds
- Preferred Equity & Hybrid Capital
- Capital Markets
- Private Equity Transactions
- Private Capital
- Leads complex private credit investments, direct lending transactions and other complex financings.
- Significant experience negotiating intercreditor and subordination agreements, agreements among lenders and other complex interlender agreements.
Bill Brady works with many of the market’s most active private credit investors and direct lenders. He advises on complex finance transactions and credit arrangements, including financings that include multiple tranches of debt. He regularly structures and negotiates a wide range of financing facilities, such as mezzanine debt, second-lien loans, unitranche facilities, first-out/last-out and term "B" facilities, and holdco note purchases.
Bill has extensive experience in intercreditor and interlender issues, secured creditor and bankruptcy rights and debt restructurings. He regularly negotiates intercreditor and subordination agreements, agreements among lenders and other complex interlender agreements.
Bill has structured and closed more than 300 financings in transactions valued between $25 million and $4.5 billion. He is frequently quoted in the media on private credit and other financing developments.
- Represented the agent and lender in connection with a multi-jurisdictional second lien loan and preference share instrument issued in connection with the $4.3 billion acquisition of a NYSE-listed education company.
- Represented the agent and lead last-out lender in a $225 million bifurcated unitranche loan to a sponsor-backed software company to refinance existing debt and fund a dividend recapitalization.
- Represented a second lien agent and lenders in a $45 million second lien loan to a sponsor-backed packaging company to refinance $200 million of high yield bonds.
- Represented the agent and lenders in a $55 million secured mezzanine loan in connection with a $195 million sponsor-backed, cross-border acquisition of a packaging company.
- Represented the agent and lenders in a $45 million split collateral term loan on a "last-out" basis and a $7.5 million unsecured mezzanine loan to a sponsor-backed retail company to refinance existing debt and fund a dividend recapitalization.
EducationJ.D., Northeastern University School of Law, 2001
B.S., Eckerd College, 1997
J.D., Northeastern University School of Law, 2001
B.S., Eckerd College, 1997
Bar AdmissionsMassachusetts
New York
Massachusetts
New York
