Justin Wagstaff

Partner, New York, London

Biography

Wagstaff is noted for his ‘exceptional technical knowledge and astute sense of commerciality’.
Legal 500 US 2019

Overview

A partner in the Firm's Global Banking Practice, Justin represents and advises clients in a broad range of finance matters. His practice focuses on the representation of major commercial banks and investment banks as lead arrangers, agents, borrowers or sponsors in complex lending transactions.

Clients look to Justin for his skill and experience in the negotiation and documentation of acquisition and leveraged financings, debtor-in-possession and exit financings, and general corporate and bank lending.

He also offers the benefit of his extensive track record handling multi-jurisdictional secured financings, by working with lawyers throughout the Firm's international network.

Prior to joining White & Case in 2004, Justin practiced as a solicitor in the Sydney (Australia) offices of a major international law firm, working primarily in the areas of acquisition finance and project finance.

Bars and Courts
New York State Bar
Supreme Court of New South Wales, Australia
Education
Bachelor of Laws
University of New South Wales
Bachelor of Commerce
University of New South Wales
Languages
English

Experience

IFM Investors in connection with its agreement to acquire Buckeye Partners, L.P. in an all-cash transaction valued at US$10.3 billion enterprise value and a US$6.5 billion equity value.

Consolidated Energy Finance S.A., a financing subsidiary of Switzerland-based leading international methanol and fertilizer manufacturer Consolidated Energy Limited AG in connection with a $600 million Term Loan B and a $225 million revolving credit facility as well as the issuance of $400 million 6.50% Fixed Rate Notes due 2026 and $125 million Floating Rate Notes due 2022.

Avast Software, a Czech-based security software company, on various financings including credit facilities consisting of a $1.2 billion USD-denominated term loan tranche, a €400 million Euro-denominated term loan tranche and a US$85 million multi- currency revolving credit facility used by Avast to acquire AVG Technologies, an NYSE-listed antivirus and security software company based in the Netherlands, and to refinance the existing debt of Avast and AVG and the incurrence of €177,500,000 in incremental euro tranche loans under the Incremental Amendment, and related $400,000,000 prepayment of USD tranche loans.

CVC Capital Partners on a first/second lien term loan and cash flow revolver financing in connection with its US$1.425 billion acquisition of PDC Brands from Yellow Wood Partners.

CVC Capital Partners on the debt financing of its US$2.2 billion acquisition of ConvergeOne, Inc. (Nasdaqlisted global IT/ managed services provider of collaboration and technology solutions), consisting of US$960 million senior secured first lien term loan facility, US$275 million senior secured second lien term loan facility and US$250 million senior secured asset based revolving credit facility.

Cobepa S.A. in connection with an acquisition financing of BioAgilytix Labs, LLC, a leading provider of large molecule bioanalytical testing services.

Alvogen Pharma US, Inc. and certain of its subsidiaries and affiliates in connection with a variety of different financing transactions including a $165 million refinancing of its existing ABL Credit Agreement.

Triton on a secured term loan, unsecured bond and ABL revolver financing in connection with its acquisition of WernerCo, a Switzerland-based fully integrated international manufacturer and distributor of ladders, secure storage systems and light duty construction equipment.

Sky Bet, a CVC Capital Partners portfolio company, on its dividend recapitalization Sterling and USD dual tranche term loan and cash flow revolver financing.

HgCapital on a secured term loan and revolver financing from alternative capital providers in connection with its majority investment in Sovos Compliance, the Boston USA- headquartered leading provider of regulatory tax compliance software and Sovos Compliance, as borrower, in connection with a financing from alternative capital providers comprising first and second lien term loan facilities, delayed draw term loan facilities and a revolving credit facility to refinance its existing indebtedness and to provide for ongoing working capital needs and other general corporate purposes.