John R. Sobolewski
John represents corporate borrowers and sponsors in their most complex financing and liability management transactions. His multidisciplinary practice spans finance and restructuring, including leveraged M&A and LBOs, special situations and recapitalizations, debt capital markets offerings, syndicated and direct loans, fund and management company financings, and in-court and out-of-court workouts.
John has been recognized by Lawdragon as one of the 500 Leading Dealmakers in America, and as one of the 500 Leading U.S. Bankruptcy & Restructuring Lawyers. John has also been recognized as a “Rising Star” by Super Lawyers, a “Rising Star” by Expert Guides, and a “Notable Practitioner” by IFLR.
EXPERIENCE HIGHLIGHTS
Financing – Corporate
- T-Mobile in its acquisition of Sprint and its related $38.0 billion of financing commitments, $39.0 billion of consent solicitations, and related bridge loan, credit agreement and senior notes issuances
- Gap in various matters, including its $1.8675 billion ABL credit agreement and $2.25 billion senior secured notes issuances, and its subsequent $1.5 billion unsecured notes issuances
- XPO Logistics in its €3.24 billion acquisition of Norbert Dentressangle S.A. and $3.0 billion acquisition of Con-Way, and its subsequent refinancings, repricings and new debt incurrences
- Lions Gate in its $4.5 billion of bank and bond transactions in connection with its acquisition of Starz, and its various subsequent repricing and refinancing transactions, notes issuances and exchanges
- Cengage in various matters, including its $1.65 billion term loan
- PPG Industries in its $2.0 billion term loan in connection with its acquisition of Tikkurila
Financing – Funds and Private Equity
- Siris Capital in various matters, including its $1.075 million credit agreement and $350 million senior notes issuance, in connection with its acquisitions of Equiniti Group and American Stock Transfer & Trust Company
- Searchlight Capital in various matters, including its investment in Consolidated Communications and the related $2.0 billion of term loan and bond issuances by Consolidated, and subsequent repricings and notes issuances, and its investment in Mitel Networks and strategic partnership with RingCentral
- Tiger Global in various matters
- Apollo Global Management in its $1.0 billion buyout of Presidio, and Presidio’s subsequent refinancing transactions and leveraged stock buyback
Liability Management
- Travelport in its $3.6 billion of exchange transactions and financing transactions
- Certain lenders in connection with their debt investment in a subsidiary of Envision Healthcare
- Mallinckrodt in its $495 million out-of-court exchange offer and related financing and restructuring matters
- Intelsat in over $6.0 billion of issuances of high-yield, holdco and convertible notes, as well as related bond tenders and purchases
Bankruptcy, Restructuring, and Debt Activism
- Centerbridge Partners in connection with its investment in Speedcast
- Costa Verde in connection with its DIP financing commitment to LATAM
- Goldman Sachs, GSO Capital Partners and Bank of Nova Scotia in various workout and restructuring situations
- Various key stakeholders in debt default activism and net-short debt activism situations
Select Publications
- Corporate Bankruptcy and Restructuring: 2021-2022,
in The International Comparative Legal Guide to: Restructuring & Insolvency, Global Legal Group Ltd., Sixteenth ed. 2022 and Columbia Law School’s Blog on Corporations and the Capital Markets, February 15, 2022.
- Private Equity – 2021 Year in Review and 2022 Outlook,
in Harvard Law School Forum on Corporate Governance, February 9, 2022.
- Financing Year in Review: A Robust Recovery,
in Harvard Law School Forum on Corporate Governance, January 13, 2022.
- Recent Trends in U.S. Corporate Bankruptcy and Restructuring,
in The International Comparative Legal Guide to: Restructuring & Insolvency, 2021.
- Private Equity – Year in Review and 2021 Outlook,
in Harvard Law School Forum on Corporate Governance, February 6, 2021.
- Financing Year in Review: From Crisis to Comeback,
in Harvard Law School Forum on Corporate Governance, January 19, 2021.
- Acquisition Financing Year in Review: The Decade of Debt,
in Columbia Law School’s Blog on Corporations and the Capital Markets, January 17, 2020.
- Debt Default Activism: After Windstream, the Winds of Change,
in Harvard Law School Forum on Corporate Governance and Financial Regulation, June 18, 2019.
- Corporate Bankruptcy and Restructuring: 2018-2019,
in Harvard Law School Forum on Corporate Governance and Financial Regulation, February 17, 2019.
- Acquisition Financing Year in Review - From Break-Neck to Brakes-On,
in Columbia Law School’s Blog on Corporations and the Capital Markets, January 14, 2019.
- Default Activism in the Debt Markets,
in Harvard Law School Forum on Corporate Governance and Financial Regulation, December 4, 2018.
- The Rise of the Net-Short Debt Activist,
in CFO, August 6, 2018.
- 2018 Private Equity Year In Review,
in Harvard Law School Forum on Corporate Governance and Financial Regulation, January 17, 2019.
- Acquisition Financing: A Banner Year Behind, and New Opportunities in the Year Ahead,
in Columbia Law School’s Blog on Corporations and the Capital Markets, January 17, 2018.
- Acquisition Financing: the Year Behind and the Year Ahead,
in Columbia Law School’s Blog on Corporations and the Capital Markets, January 18, 2017.
