Akin Gump Advises Lenders in $500 Million Term Loan Facility for Dhanani Group
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(New York) – Akin Gump advised Monarch Alternative Capital LP and other lenders in a $500 million first lien term loan for Dhanani Group Inc., the second largest quick-service restaurant franchisee group in the United States.
Monarch, a leading private credit firm with approximately $9.5 billion of assets under management, and its partners led the five-year secured term loan facility to provide Dhanani Group with long term capital to support the financial strength of the existing business and aid in the future growth of the company.
To learn more about the transaction, click here.
The Akin Gump deal team was led by corporate partners Lucas Charleston and Daniel Fisher, leader of the firm’s integrated special situations group, with support from financial restructuring partner Brad Kahn and corporate partner Nicholas Houpt, senior counsel Erica McGrady, counsel Charles Armbrust and associates Morgan Francy and Grace Seidl.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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