Ben focuses his practice on leveraged transactions. He is experienced in representing
banks, other financial institutions and institutional investors in arranging syndicated
senior secured credit facilities for leveraged acquisition and leveraged recapitalization
transactions and negotiating restructurings and workouts of such credit facilities. He also
represents borrowers and equity sponsors in such transactions.
In addition to cash flow transactions, he is experienced in representing bank and nonbank lenders and other credit providers and corporate borrowers and equity sponsors in a
variety of financing transactions, including investment grade credit facilities, asset-based
credit facilities, senior or subordinate, secured or unsecured and first-lien or second lien
secured loans, debtor-in-possession credit facilities and other commercial finance
transactions.
Benjamin B. Iselin
Partner
T: +1 212 548 2158
F: +1 212 548 2178
[email protected]
1345 Avenue of the Americas
7th Floor
New York, NY 10105-0106
PRACTICES
Syndicated Finance
Corporate and Commercial Lending
Banking and Finance
Asset-based Lending
INDUSTRIES
Private Equity
Food and Beverage
Ben’s practice has had a similar focus since 1987. Prior to joining McGuireWoods LLP
in 2001, Ben was a partner, a counsel and an associate, respectively, in the New York
offices of three other international law firms.
EXPERIENCE
Special Situations Credit Transactions
• Represented a credit fund restructuring $42.5 million of existing notes issued by a high
net-worth individual secured by certain of his investments and purchasing $5 million
of additional notes.
• Represented a business development company making a $14.5 million loan to a
holding company organized by a transaction sponsor to finance its acquisition of
control of special purpose vehicles holding over $3 billion of leveraged financial
assets.
• Represented the minority equity owner of a bio-gas facility issuing $8 million of
limited recourse senior secured bridge notes to an energy credit fund to finance the
purchase and subsequent sale of a controlling interest in the facility.
• Represented an investment advisor and its affiliates purchasing $7.2 million of
preferred equity interests in, and providing $18.5 million of term loans and up to $2.5
million of revolving loans to, a fast-food restaurant franchisee and operator of
proprietary fast food restaurant concepts.
• Represented an investment advisor and its affiliate, as sole investor, providing $50
million of capital to a newly organized credit fund making senior secured loans to
finance the production of motion pictures and television shows.
Subscription Credit Transactions
• Represented a lead arranger and administrative agent arranging a $3 billion umbrella
syndicated senior secured revolving subscription credit facility to four separate groups
of affiliated private equity funds.
• Represented a lender making an aggregate of $145 million available to three affiliated
private equity funds pursuant to three separate parallel committed and uncommitted
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Benjamin B. Iselin
bilateral subscription credit facilities.
• Represented a lead arranger and administrative agent arranging a $200 million
syndicated senior secured revolving subscription credit facility to a private equity
fund also secured by the commitments of investors in its feeder funds.
• Represented an administrative agent under an existing $250 million syndicated
senior secured revolving subscription credit facility to a private equity fund
arranging the joinder of a portfolio company as a limited recourse borrower of a $90
million term loan thereunder.
Leveraged Credit Transactions
• Represented a lead arranger and administrative agent arranging a $400 million
syndicated senior secured asset based revolving credit facility used to finance the
acquisition of a regional consumer finance company by a public business
development company.
• Represented an institutional investor providing $250 million of a $1 billion
institutional term loan facility used to finance the acquisition of an international
publishing business.
• Represented an administrative agent for a club of syndicated lenders negotiating a
forbearance agreement under a defaulted $120 million term and revolving credit
facility to a company jointly controlled by its founding family members and an
equity sponsor, and arranging a club of first-out lenders in a unitranche replacement
facility.
• Represented a credit fund making a $5 million senior secured loan to, and
purchasing common stock warrants in, a tracking services company.
EDUCATION
• University of Wisconsin - Madison, JD, 1987
• University of Pennsylvania, BA, 1982
ADMISSIONS
• New York
EVENTS
• Panelist, Delaware Corporate Law Update with Former Chief Justice Myron Steele,
McGuireWoods Complimentary Presentation, January 14, 2015
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