Latham & Watkins Advises Golub Capital on Two US$2 Billion Unitranche Debt Facilities

Landmark incremental financings represent the largest US dollar denominated unitranche facilities ever.

October 22, 2020

Latham & Watkins represented direct lender Golub Capital in incremental financings to create the two largest US dollar denominated unitranche facilities ever. The two financings — to MRI Software, a leading provider of innovative real estate software applications and hosted solutions, and Risk Strategies, a leading US insurance broker — are now each in excess of US$2 billion. Golub Capital was Lead Left Arranger and Administrative Agent on both transactions in September.

Latham previously represented Golub Capital in the initial US$1.58 billion acquisition financing of MRI by several financial sponsors, as well as in the US$1.6 billion refinancing of Risk Strategies’ existing credit facilities.

New York partners Alfred Xue and Conray Tseng led the Latham team that represented Golub Capital in the financings for MRI Software, with associates Natasha Williams Goddard and Helen Liu.

Chicago partner Brandon Anderson led the Latham team that represented Golub Capital in the financings for Risk Strategies, with counsel Cindy Caillavet and associates Colin O’Regan and Dan Ruvolo. New York partner Bora Bozkurt and associate Lea Li also advised on tax matters.

 
 
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