Leveraged Finance

Financing non-investment grade acquisitions, privatizations and other strategic transactions for both financial sponsors and corporations requires specialized expertise. Whether you are a financial advisor, a company seeking financing or an investor seeking strategic opportunities, we leverage our deep relationships and capabilities in this space to provide you rapid decision-making and certainty of execution.

We take the time to understand our borrowers’ business goals and financial needs and develop a structure and syndication strategy to meet those needs.

Likewise, KeyBanc Capital Markets® maintains a broad range of investor clients whose parameters & investment philosophies we understand. Issuing clients access our ability to execute on the following structures: institutional term loan B, senior and subordinated debt, first/second lien debt and high yield bonds, benefitting from our well-established institutional investor network.

KeyBanc Capital Markets has delivered leveraged financing for multiple companies with a wide range of financial needs. Recent examples include:

  • Fairmount Minerals selected KeyBanc Capital Markets for a $1.3 billion Senior Credit Facility transaction in support of an acquisition of FTS International’s sand reserves. KeyBanc Capital Markets acted as a Joint Lead Arranger, Joint Bookrunner and Syndication Agent.
  • KeyBanc Capital Markets successfully closed $125.0 million of incremental senior secured credit facilities for Authentic Brands Group, LLC, a portfolio company of Leonard Green & Partners, L.P. The credit facilities were used to fund the acquisition of the Elvis Presley and Muhammad Ali brands and redeem preferred units. The total $254.5 million senior secured credit facilities at close consisted of a $10 million Revolving Credit Facility, a $129.5 million Term Loan A Facility and a $115 million Term Loan B Facility.

Financial sponsors, public companies and private companies are all among our leveraged finance borrowers. We provide counsel and execution expertise that ensures we put the right high yield financial package together. Our expert team can provide high yield loans and bonds determining the right balance for your needs. Our products include:

Senior Debt

  • Revolving credit facilities
  • Asset based loans
  • Institutional term loans
  • Senior/subordinated loans
  • First and second lien debt

Bond Debt

  • High grade/high yield bonds
  • Corporate bonds
  • Municipal bonds
  • Asset-backed securities

Investors in non-investment grade debt typically have very specific credit, return, geographic and industry sector profiles. With a dedicated coverage effort, we get to know your requirements. We work regularly with financial institutions seeking investment opportunities as well as institutional investors such as insurance companies, hedge funds and private investment groups.