Benjamin Gelfand represents public and private borrowers, private equity sponsors, and direct and institutional lenders in complex financing transactions, with an emphasis on the technology, life sciences, and energy industries.
Benjamin regularly advises clients on:
Direct lending, structured financing and other growth debt financings
Pre-IPO convertible debt and equity financings, and similar private capital transactions
Acquisition financings
Asset-based and reserve-based lending facilities
Liability management and special situations
Benjamin is a member of the firm’s Ethics Committee.
Experience
Benjamin's representative experience includes advising:
Lender Representations
Oaktree Capital Management, L.P., in a US$100 million secured credit facility for Harrow Health, an eyecare pharmaceutical company
Francisco Partners in connection with the business combination of Movella, a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, with Pathfinder Acquisition Corporation, a special purpose acquisition company
A leading specialty finance company in its:
Second lien term loan and second lien flex facility for a drone manufacturer
Term loan facility for a pharmaceutical company
Amended and restated senior secured term loan facility for a home services technology company
A leading specialty finance company in its term loan facility for a Swiss pharmaceutical company
A leading specialty finance company in a term loan facility for a Danish software company
An investment advisory company in its term, revolving, and delayed draw facility, the proceeds of which were used by a private equity firm to acquire a leading DTC logistics provider for wine and alcoholic beverages
Corporate Representations
VideoAmp, Inc., a leading media focused software company, in its US$150 million Series G redeemable preferred offering with Vista Credit Partners
Wolfspeed, Inc., a manufacturer of silicon carbide and gallium nitride semiconductor technologies, in its US$2 billion unsecured customer deposit facility with an affiliate of Renesas Electronics Inc., a leading Japanese semiconductor company
Monitronics International, Inc. (d/b/a Brinks Home Security), an alarm monitoring company, in its US$387 million debtor-in-possession term loan facility, and its $600 million secured exit term loan facility
scPharmaceuticals, Inc., in its US$100 million term loan facility with Oaktree Fund Administration, LLC
Spectrum Pharmaceuticals Inc, in its US$65 million term loan facility with SLR Investment Corp.
A manufacturer of quantum dot technology, in its senior secured convertible note facility
Fertitta Entertainment, LLC (f/k/a Golden Nugget, LLC) in its US$3.3 billion term loan B facility, a US$500 million revolving credit facility, and US$1.0 billion senior secured notes offering
Qualifications
Bar Qualification
Texas
Education
JD, Georgetown University Law Center magna cum laude, Order of the Coif
MM, Voice, Indiana University
BM in Voice Performance, The Ohio State University
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