Victor Ludwig represents investment banks and direct lenders in a range of leveraged finance transactions, including acquisition finance, asset-backed lending, and cross-border transactions.

Mr. Ludwig handles the full spectrum of loan products for his clients — from large-cap syndicated loans to annual recurring revenue loans to highly structured asset-based facilities.

Mr. Ludwig’s lending practice is informed by his experience in closely related practices, including M&A, derivatives, and fixed income trading. Mr. Ludwig is a CFA charterholder, so he brings financial perspective to his deal work.

With excellent judgement and the ability to manage difficult commercial issues, he provides clients with clear, actionable advice and can guide clients to successful closings of financing transactions.

Mr. Ludwig’s regular clients include:

Direct Lenders

  • Ares Capital
  • Blackstone Credit
  • KKR Credit Advisors
  • Golub Capital Markets

Investment Banks

  • Bank of America
  • Citibank
  • Goldman Sachs
  • JPMorgan Chase
  • Morgan Stanley
  • Nomura
  • RBC
  • Wells Fargo

A selection of his significant investment bank transactions includes advising:

  • Nomura in the US$600 million asset-backed term loan and revolver for B. Riley Financial, Inc., an investment banking and financial services provider
  • RBC in the US$2.275 billion syndicated term loan B and US$450 million term loan A in connection with Blackstone’s acquisition of a majority state in Copeland (formerly Emerson Climate Technologies)
  • Bank of America and Rabobank in the US$3.25 billion term loan and revolving credit facility in connection with Cargill and Continental Grain’s the take-private of Sanderson Farms and combination with Wayne Farms, two leading poultry producers and processors
  • Morgan Stanley in the NZ$1.45 billion financing in connection with Macquarie Infrastructure and Aware Super’s combination of Orcon Group and Two Degrees Group, New Zealand telecommunications companies
  • Citibank in the US$1.1 billion incremental term loan and US$200 million revolver increase in connection with API Group Corporation’s acquisition of the Chubb Fire & Security businesses from Carrier Global Corporation
  • Morgan Stanley in the A$2 billion term loan (comprised of A$ and US$ tranches and delayed draw facilities), and A$150 million revolving facility in connection with Macquarie Infrastructure and Real Assets’ acquisition of Vocus Group Limited, an Australian telecommunications company
  • Goldman Sachs in the US$4 billion first/second lien term loan and revolving credit facility in connection with Thoma Bravo’s acquisition of RealPage Inc., a global provider of software and data analytics to the real estate industry
  • Bank of America in the US$200 million asset-backed loan in connection with L. Catterton’s acquisition of Truck Hero, an after-market truck accessories provider
  • Citibank in the US$1.5 billion term loan and revolving facility in connection with Mariposa Capital’s SPAC acquisition of API Group Corporation, a provider of commercial life safety solutions

Bar Qualification

  • New York


  • JD, Georgetown University Law Center, 2008
    magna cum laude, Georgetown Law Journal
  • BS, University of Virginia, 2003
    with high distinction