Biography

Evan Rahn is a partner in the Debt Finance practice. Evan's practice primarily focuses on leveraged finance, private credit, corporate finance and restructurings.

Evan represents private credit providers, major commercial and investment banks, private equity sponsors and corporate borrowers across a wide range of industries, including retail, technology, healthcare, professional services, food and beverage, manufacturing and education.

Based in Chicago, Evan also spent several years in the Firm's New York office.

Experience

Representative matters include:

Syndicated Financings

  • Representation of Deutsche Bank as Administrative Agent and Sole Lead Arranger and Bookrunner in connection with a senior secured term loan facility to finance the acquisition by OYO Hotels and Homes of G6 Hospitality, the owner of the Motel 6 and Studio 6 brands, from Blackstone. The transaction included a multi-jurisdiction collateral and guaranty package involving Denmark, Germany, India, Indonesia, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States. OYO Hotels and Homes is a global hospitality chain that provides affordable accommodation by partnering with small businesses and entrepreneurs to lease and franchise their hotels and homes. Its acquisition of Motel6 allows OYO to further expand its operations in the United States and Canada.
  • Representation of Citibank (and the other lead banks, including JPMorgan and RBC) in connection with multi-billion dollar financings for Vistra Corp and its subsidiaries. Vistra is a leading Fortune 500 integrated retail electricity and power generation company based in Irving, Texas, that provides essential power resources to customers, businesses, and communities from California to Maine.
  • Representation of Credit Suisse AG, as Agent, in connection with a senior secured credit facility in an aggregate principal amount of US$1.4 billion provided to WIN Waste Innovations Holdings Inc. The financing included a term loan and a revolving credit facility.
  • Representation of Bank of Montreal (and its affiliates) as Administrative Agent, Collateral Agent, Lender, Issuing Bank and a Joint Lead Arranger and Bookrunner in connection with US$950 million senior secured facilities provided to Student Transportation of America Holdings, Inc. and Student Transportation of Canada, Inc.
  • Representation of Deutsche Bank AG New York Branch, as administrative agent and collateral agent, and Deutsche Bank Securities Inc. and Golub Capital LLC, as joint lead arrangers and joint bookrunners. The financing was in connection with a US$400 million term loan facility, a US$40 million delayed draw term facility, and a US$40 million revolving facility made available to Eisner Advisory Group LLC, an affiliate of TowerBrook Capital formed to acquire the advisory business of EisnerAmper LLP, one of the nation's large full-service advisory and accounting firms.

Private Credit & Direct Lender Financings

  • Representation of a direct lender in connection with senior secured credit facilities provided to Transtelco, a digital infrastructure service provider based in the United States and Mexico. Also represented the lenders in connection with an incremental term loan credit facility to fund the acquisition by Transtelco of Neutrona, a software-defined network service provider operating in Latin America and the Caribbean.
  • Representation of Deutsche Bank AG New York Branch, as Lead Arranger and Lender, in connection with the US$235 million financing of Pavlov Media, Inc., consisting of a US$67.3 million term loan, a US$162.7 million delayed draw term loan, and a US$5 million revolving credit facility.
  • Representation of Deutsche Bank AG New York Branch and Societe Generale as Joint Lead Arrangers and Bookrunners and Lenders in connection with a US$110 million term loan facility provided to Sisecam Chemicals Resources LLC (SCR). SCR produces soda products, chromium chemicals and various other industrial raw materials for a wide range of sectors.
  • Representation of a club of direct lenders in connection with senior secured credit facilities provided to Clearlake Capital to finance the acquisition of Discovery Education.
  • Representation of a direct lender in connection with a US$50 million venture debt financing for Trax Retail.
  • Representation of BlackRock in connection with refinancing an existing syndicated bank facility. The financing involved US$255 million of Term Loan B Loans, provided by BlackRock, Cliffwater and FS Credit, as well as US$40 million of Term Loan A loans and a US$55 million Revolving Commitment, both of which are held by PNC Bank. The Company owns a generic respiratory medication manufacturing facility and offers drug compounding for 503B outsourcing.
  • Representation of the Administrative Agent, Collateral Agent and Lenders, in connection with a dual-tranche term loan financing for an investment management company.  The financing consisted of an OpCo term loan facility and a HoldCo term loan facility.

Borrower and Sponsor Financings

  • Representation of Broadridge Financial Solutions, Inc. a public fintech company, as Borrower, in connection with a US$1.3 billion refinancing of its existing term loan facility.
  • Representation of Arch Reinsurance Ltd., a leading diversified reinsurer, with operations in most major global insurance centers, in connection with a maturity extension to and increased commitment under its Letter of Credit Facility Agreement with Lloyds Bank Corporate Markets plc, as Administrative Agent and L/C Agent and the other Lenders party thereto.
  • Representation of Mill Point Capital LLC, as Sponsor, in connection with a carveout acquisition and take private of Imbera and Torrey from Fomento Económico Mexicano, S.A.B. de C.V., a publicly listed company on both the NYSE and the Mexican Stock Exchange. Imbera and Torrey, along with several other subsidiaries in the US, Mexico and additional Latin American countries united to become AeriTek Global LLC. AeriTek Global LLC is a leading manufacturer, designer and distributor of commercial refrigeration and foodservice equipment products.
  • Representation of Mill Point Capital LLC, as Sponsor, and iQor Holdings Inc., as Borrower, in connection with the establishment of a secured term loan credit facility and ABL facility. iQor Holdings Inc., is a global leader in managed services and customer engagement business process outsourcing (BPO) solutions.
  • Representation of Mill Point Capital LLC, as Sponsor, in connection with an acquisition financing of Nursery Supplies, Inc., a vertically-integrated manufacturer of sustainable horticulture packaging solutions. Financing structure included an ABL facility, a machinery and equipment term loan facility and an unsecured notes facility.
  • Representation of Mill Point Capital LLC, as Sponsor, and North Acquisition LLC, as Borrower, in connection with Mill Point Capital's corporate carve-out acquisition of CrashPlan Group, a leading provider of cloud-based endpoint data backup and recovery software.

Professional Highlights

Illinois
New York
JD
University of Iowa College of Law
BA
English
Wheaton College
IL
English

Service areas