Syndicated Loan Facility
Represented a major financial institution, as administrative agent and lender, in providing a $51 million senior secured credit facility - consisting of a term loan facility and a revolving facility with a sublimit for letters of credit - to a Delaware corporation that provides services and products to medical practices specializing in infertility and vein disorders. We negotiated limited security agreements with a large number of medical practices to use certain accounts receivable payable to the practices to secure the loan.