H.T. Flanagan

About H.T. Flanagan

H.T. Flanagan's practice focuses on providing strategic advice to private credit funds, alternative lenders and other opportunistic investors in a wide array of traditional private credit financings and bespoke capital solutions. He frequently supports such private capital clients in both direct originations and secondary market opportunities, including acting as a trusted advisor to opportunistic clients in identifying and evaluating opportunities in existing capital structures to put capital to work in creative and yield enhancing ways. While H.T. spends the majority of his time with lender (or investor) side clients, he also advises private equity firms and their portfolio companies on a wide range of borrower side leveraged financing transactions, covering acquisition financings, working and growth capital facilities, liability management transactions and debtor-in-possession financings.

H.T. has been named “One to Watch” by Best Lawyers and prior to entering law school was a pitcher for the Washington University baseball team, where he was a three time academic all conference selection.

Recent work

H.T.’s private credit and other lender side experience includes advising:

• Hayfin Capital Management in its concurrent debt, including the provision of new senior secured credit facilities, and convertible preferred equity investment in MiMedx Group, a publicly traded healthcare company.
• Hayfin Capital Management in multiple debt financing transactions for Avadim Health, Inc., including a senior secured debtor-in-possession term loan facility to finance business operations during Avadim’s chapter 11 bankruptcy proceeding.
• Hayfin Capital Management in its concurrent debt, including new senior secured credit facilities and intercreditor arrangements, and equity investment in a confidential e-commerce company.
• Hayfin Capital Management in connection with bespoke debt and hybrid equity financing arrangements for Paradigm Spine, LLC
• CPPIB Credit Investments in multiple debt financing transactions and intercreditor arrangements for a confidential construction services company.
• CPPIB Credit Investments in a subordinated term loan facility and intercreditor arrangements for a confidential entertainment company.
• CPPIB Credit Investments in connection with its participation in a unitranche financing for OTG Management.
• CPPIB Credit Investments in connection with its participation in a unitranche financing for Rumbleon, Inc.
• Sixth Street Partners in a bespoke split priority debtor-in-possession term loan facility for Clovis Oncology, Inc., a publicly traded pharmaceutical company.
• Angelo, Gordon & Co. in the provision of senior secured credit facilities for a confidential pharmaceutical company.  
• PennantPark Advisors in certain secured credit facilities provided to The Blue Bird Group, a portfolio company of HIG Capital.
• Trive Capital in connection with its secured unitranche convertible loan financing (including bespoke intercreditor arrangements) provided to Terraboost Media Inc.
• Silver Point Capital, L.P., in connection with numerous confidential potential capital solutions opportunities.
• MC Credit Partners in connection with a senior secured credit facility (including a bespoke AAL) to support One Equity Partner’s acquisition of Omni Environmental Services.
• Citi, as lender, arranger and agent, in the provision of different credit facilities, including acquisition financings, for various confidential clients in the healthcare, dental and beverage distribution industries.
• Tailwater Capital in the provision of a unitranche senior secured debtor-in possession credit facility to finance Southcross during its bankruptcy proceedings.
• Blackstone, as lender, in connection with a confidential second lien financing.
• Fir Tree Partners and Crestline Capital in connection with their special situations investment in Emerald Oil.
• An ad hoc first lien term lender group in the provision of a new super senior secured credit facility for, and in an out-of-court restructuring of, the capital structure of Covis Pharma, a portfolio company of Apollo Global Management, Inc.  
• An ad hoc first lien term lender group in connection with the provision of debtor-in-possession financings, and related restructuring matters, for GenesisCare.
• The first lien lender group, including BlueMountain Capital, in super senior secured financings, debt exchanges and other liability management transactions for a confidential sponsor-owned healthcare company.
• An ad hoc group of secured lenders to Energy & Exploration Partners in a senior secured debtor-in-possession credit facility to Energy & Exploration Partners during its bankruptcy proceedings.
• Tailwater Capital in the provision of a unitranche senior secured debtor-in possession credit facility to finance Southcross during its bankruptcy proceedings.
• An ad hoc group of secured lenders to Onyx Centersource in connection with various liability management transactions.

H.T.’s private equity and other borrower representation includes advising:

• J. Crew (a portfolio company of TPG and Leonard Green) in connection with various term loan, ABL and senior secured debtor-in-possession credit facilities, as well as its market recognized liability management transactions and related debt exchange.
• Searchlight Capital Partners on its first and second lien credit facilities to finance its acquisition of Integrated Power Solutions, as well as various add on acquisition financings subsequent to the initial leveraged buyout.
• Lee Equity Partners on senior secured credit facilities to finance its acquisition of The Living Company.
• Culligan International (an Advent International portfolio company) on various acquisition financings.
• Multiple confidential portfolio companies of Ontario Teachers Pension Plan in connection with various debt financing transactions.
• American Securities in connection with senior secured credit facilities to finance its take-private acquisition of Air Methods.
• CCMP Capital in connection with first and second lien credit facilities to finance its acquisition of Shoes For Crews, as well as various add on acquisition financings subsequent to the initial leveraged buyout and various liability management transactions.
• Cascade Environmental (a portfolio company of TruArc Partners ) in various acquisition and other confidential debt financing and liability management transactions.
• Topgolf International (a portfolio company of Providence Equity ) in connection with senior secured credit facilities to finance certain strategic growth initiatives.
• Providence Equity in connection with senior secured credit facilities to finance its acquisition of Abacus Data Systems.
• TA Associates in connection with senior secured credit facilities to finance its acquisition of PDI
• Hellman & Friedman in connection with an ongoing confidential special situations transaction
• Healogics, Inc., a leading provider of advanced wound care, in connection with its debt for equity exchange and new senior secured credit facilities.
• The Brock Group in liability management transactions involving debt exchanges and new ABL credit facilities.
• All Year Holdings in connection with senior secured debtor-in-possession credit facilities to support a 363 sale process of certain assets.
• Claires Group Inc. in connection with a senior secured debtor-in-possession ABL facility provided during its chapter 11 restructuring.
• Golfsmith in connection with certain debtor-in-possession related financing issues during its cross border bankruptcy cases.
• Medmen Enterprises in connection with novel liability management transactions involving existing convertible notes and senior secured term loan facilities, together with a new money recapitalization.
• The Greenrose Holding Company in connection with a super senior term loan facility and its contested liability management transaction.