Jake Mincemoyer is a partner in the New York office of White & Case LLP, and Head of the Firm's Americas Banking section. Jake's focus is banking, and he advises clients on a range of leveraged finance transactions, particularly cross-border financings.
Previously, Jake spent four years in the London office after nearly a decade in the Firm's New York office. This cross-border experience lends itself to providing clients with valuable insight into the differences between the US and European markets and knowledge to maximize cross-border financing structures. Recently, he arranged a number of transactions involving European groups and debt facilities syndicated in the New York market.
Jake often works across multiple jurisdictions, liaising closely with finance lawyers throughout White & Case's international offices, to successfully conclude various complex financings.
Many of the transactions Jake has handled have been multimillion dollar deals involving a number of lenders, and clients can be confident that he understands the full range of options available from pari secured high-yield bonds to super-senior revolving credit facilities, and that he will generate a made-to-measure solution that is right for them.
Clients commend Jake for his ability and skill in navigating different financing structures by using his extensive experience in the negotiation of intercreditor relationships and his knowledge of relevant tax considerations across a number of jurisdictions. In the most recent edition of The Legal 500 US, clients also commend him for being 'fantastically consistent.'
Representation of Dynegy Inc., a leading US producer and seller of electric energy, capacity and ancillary services, and Energy Capital Partners III LLC, a private equity firm focused on investing in North America's energy infrastructure, as finance counsel, in connection with the US$3.3 billion acquisition of GDF Suez Energy North America Inc., the US fossil fuel portfolio of Engie SA, a French utility company.
Representation of Nomura Securities Inc. (as lead arranger and first lien administrative agent) and Jefferies Finance LLC (as lead arranger and second lien administrative agent) in connection with the refinancing of the existing credit facilities of BJ's Wholesale Inc., owned by a portfolio company of CVC Capital Partners and Leonard Green and Partners (including a $1.925 billion first lien term loan facility and a $625 million second lien term loan facility).
Representation of Pilot Travel Centers LLC, a leading operator of travel centers and travel plazas in North America, as finance counsel, in connection with the US$4.617 billion refinancing of Pilot’s TLA, TLB and revolving facility.
Representation of Macquarie Capital (USA) Inc, as lead arranger and bookrunner, and Macquarie Capital Funding LLC, as administrative and collateral agent, with respect to a first lien term loan and a second lien term loan provided to an affiliate of Siris Capital to finance the acquisition of Polycom, Inc.
Representation of Deutsche Bank AG, New York Branch, as administrative agent and security agent, and Bank of America N.A., as co-collateral agents, and the other lenders party thereto, including Goldman Sachs International Bank, Citibank NA, JP Morgan Europe Ltd., and HSBC Bank PLC, in connection with the structuring and negotiating a £138 million NY law governed European/Australian asset-based revolving credit facility for Toys "R" Us with credit support from entities organized in England, France, Germany, Spain, Australia, Delaware and the British Virgin Islands.
Representation of Deutsche Bank AG New York Branch and Deutsche Bank Securities Inc., as administrative agent, joint lead arranger and joint book manager, in connection with US$1.75 billion senior unsecured credit facilities provided to Colfax Corporation, an investment grade, NYSE-listed Delaware corporation, and a global leading diversified manufacturing and engineering company that provides air, gas and fluid handling and fabrication technology products and services. The purpose of the financing was to refinance the company's senior secured credit facilities. The senior unsecured credit facilities include a multicurrency revolving credit facility.
Representation of Deutsche Bank AG, London Branch, as a mandated lead arranger and bookrunner, and Deutsche Bank AG New York Branch, as administrative agent, in connection with the amendment and extension of US$1.6 billion senior secured credit facilities and €2 billion senior secured credit facilities provided to Fresenius SE & Co. KGaA, a global leading diversified health care company that provides products and services for dialysis, hospitals and home medical care.
Representation of UBS Securities LLC, HSBC Bank plc and Mizuho Bank, Ltd., as joint lead arrangers and lead bookrunners, and UBS AG, Stamford Branch, as administrative agent, in connection with New York law governed First-Lien and Second-Lien Credit Agreements with aggregate principal amounts (the US$ equivalent) of up to £150m and £70m respectively, provided to finance BC Partners acquisition of the Mergermarket Group from the Financial Times Group, a division of the UK Publisher Pearson. The Mergermarket Group is a leading global provider of global corporate financial news, intelligence and analysis whose key brands include Mergermarket, Debtwire, DealReporter, Infinata, Wealthmonitor and Xtract Research.
Representation of Deutsche Bank AG, London Branch, as sole global coordinator, and Deutsche Bank AG, London Branch, Commerzbank Aktiengesellschaft, UniCredit Bank AG and HSBC Bank PLC, as arrangers, in connection with the refinancing and recapitalization of Minimax by way of senior secured facilities comprising of €315 million and US$422 million term loan B, €141.5 million Guarantee Facility and €40 million Revolving Facility.
Representation of Jefferies Finance LLC, as mandated lead arranger, in connection with the €150 million term facilities for the refinancing of the Famar group.
Incremental facilities: another example of European and US loan market convergence, Butterworths Journal of International Banking and Financial Law, 2017, (co-author)
Yankee Loans – Structural Considerations and Familiar Differences from Across the Pond to Consider, The International Comparative Legal Guide to: Lending & Secured Finance, 2014
Structuring and Restructuring European Leveraged Finance Transactions, PLC Finance, 2013, (co-author)
Syndicating European debt into the US: It is not the picture but how you view it, PLC, 2012
A New Lease of Life, The Treasurer, February 2011, (co-author)