Jonathan D. Wry

Jonathan’s experience includes representation of:

• A privately-held oil and gas exploration and production company in US$775,000,000 term loan portion of its US$1.15 billion capital raise to finance the purchase of certain oil and gas properties and to refinance certain existing debt. Continued representation of company in restructuring*
• Denbury Resources, as borrower, in US$1.6 billion reserve-based revolving loan agreement in replacement of expiring facility*
• A private broker-dealer, as borrower, in US$30,000,000 asset-based revolving credit facility to finance its ongoing regulatory deposit requirements*
• Spectra Energy Corp in its US$1 billion revolving credit facility and US$300,000,000 term loan and Spectra Energy Partners LP in its US$2 billion revolving credit facility and US$400,000,000 term loan, in connection with the drop down of substantially all of Spectra Energy Corp’s US transmission, storage and liquid assets to Spectra Energy Partners*
• The holders of 8.5% secured notes in the US$2.5 billion debt restructuring of the Mashantucket Pequot Tribe (Foxwoods Casino), including negotiation of complex multi-tier intercreditor relationships*
• Chesapeake Energy, as borrower, in connection with its US$4 billion and US$2 billion unsecured bridge term loan facilities*
• The agent in its US$230,000,000 secured revolving and term loan facilities for MBI Energy, Inc.*
• Bank of America, as agent, in connection with US$500,000,000 credit agreement for CEC Entertainment, Inc. (Chuck E. Cheese’s family restaurants)*
• Société Générale, as agent, in a US$100,000,000 non-recourse term loan and lease financing for a bankruptcy-remote subsidiary of Cinedigm Digital Cinema Corporation formed to finance the installation of digital cinema equipment and monetize payment streams from movie studios with respect to digital releases*
• A private real estate investment fund, as lender, in connection with a US$67,000,000 bilateral secured term loan facility with a luxury hotel and real estate company*
• A private real estate investment fund, as lender, in connection with a US$4,000,000 debtor-in-possession credit facility with Olde Prairie Block Owner, LLC*
• The ad hoc prepetition secured lender group and Jefferies Finance LLC, as agent, in connection with US$210,000,000 debtor-in-possession credit facility with casino company Greektown Holdings, LLC*
• Bondholder group in connection with the exchange of US$1.1 billion in unsecured bonds for new secured first lien and second lien notes of information management technology provider Unisys Corporation*
• MatlinPatterson in connection with its US$1.35 billion bid to acquire the operating assets of Boston Generating LLC, the bankrupt operator of 3000MW of generating capacity in the Boston area*
• JSC Bank Centercredit, a bank organized in Kazakhstan, as borrower, in connection with US$115,000,000 in credit facilities with Citibank International and the International Finance Corporation*
• Société Générale, as agent and hedge provider, in its first and second lien US$300,000,000 revolver and committed gas hedging facility for MxEnergy Inc.*
• Arcadia Petroleum Limited and Parnon Storage Incorporated, as borrower, in connection with US$54,000,000 oil storage project loan facility*
• Bondholder group and a financial institution, as agent, in connection with the exchange of unsecured bonds for US$300,000,000 in new recap secured loans of timber company Tembec Industries Inc.*
• J. Aron & Company/Goldman Sachs, as secured hedge counterparty, in connection with intercreditor agreement and security and ISDA documentation with biodiesel provider*
• Counsel to major parties in the distressed situations of Bowater, Inc., Trico Marine Services and Fontainebleau Las Vegas*

*Represents experience from a previous law firm