Douglas S. Horowitz

PARTNER

Doug is a member of the Firm's Hiring Committee and its corporate practice group.

Doug represents leading investment banking firms, commercial banks and public and private corporations with a focus on leveraged finance transactions involving both new issuance of secured and unsecured high-yield debt securities, syndicated institutional loans and asset based loans as well as out-of-court restructurings. He has represented the financing sources in a number of acquisitions, including the leveraged buyouts of hospital-operator HCA, SunGard Data Systems, VNU / Nielsen, ARAMARK, Cengage Learning, U.S. Foodservice, Biomet, Avaya and TXU Corp. He has also represented corporations, leading investment banks and financial advisors in connection with several completed and pending debt refinancings and comprehensive out-of-court debt restructurings.

Doug works on both the high-yield bond and bank sides of acquisition financings and refinancings and has practiced in a variety of industries such as oil and gas, automotive, healthcare, technology, media and telecommunications. He is a recommended corporate practitioner in high-yield by Euromoney's IFLR 1000 - The Guide to the World's Leading Financial Law Firms (2010).

• Representation of J.P.Morgan, Citi and other commercial banks in providing various debt financings for the $45 billion acquisition of TXU Corp. by KKR and TPG.
• Representation of Deutsche Bank and other investment banks in providing $3.0 billion of high-yield debt securities financing for the acquisition of SunGard Data Systems Inc. by a consortium of private equity firms.
• Representation of Bank of America and other commercial banks in providing a $2.0 billion asset based loan as part of the financing for the acquisition of HCA, Inc. by a consortium of private equity firms.
• Representation of J.P.Morgan as dealer manager, solicitation agent and initial purchaser in connection with facilitating a negotiated out-of-court restructuring of American Media, Inc.
• Representation of J.P.Morgan and other investment banks as initial purchasers for $350 million senior secured high-yield securities for Sealy Mattress and $625 million of unsecured high-yield securities for Universal Orlando theme parks in connection with refinancings.
• Representation of J.P.Morgan and Morgan Stanley as dealer managers in connection with a debt-for-debt exchange offer and subsequent debt tender for NXP B.V. that reduced NXP's debt by approximately $969 million.
• Representation of J.P.Morgan and other investment banks in providing over $1.7 billion of high-yield debt securities financing for the acquisition of ARAMARK Corporation by a consortium of private equity firms.
• Representation of the various underwriters for eight debt securities offerings by Xerox Corporation, together generating over $5.9 billion of proceeds.
• Representation of TriMas Corporation (NYSE:TRS) in connection with its initial public offering of common stock.
• Representation of Citi and other commercial banks in providing an asset based loan of $1.1 billion for the acquisition of U.S. Foodservice by Clayton, Dubilier & Rice and KKR.
• Representation of Bank of America and other commercial banks in providing a multi-currency asset based loan of $1.35 billion for the acquisition of Ryerson Inc. by Platinum Equity.

Doug became a partner in 2007.