Josiah M. Slotnick

Joe Slotnick, member of Cahill’s Executive Committee, represents leading investment banking firms and commercial banks, with a focus on leveraged finance transactions involving both syndicated institutional loans and new issuance of secured and unsecured high-yield debt securities. Joe also represents direct lenders, private credit funds, and other institutional investors in a broad range of financing transactions.

He currently serves as the co-chair of Cahill’s Business Development Committee.

Joe is recognized as a leading lawyer for Banking & Finance by Chambers USA and IFLR1000. He has represented the financing sources in numerous groundbreaking acquisitions and several landmark leveraged buyouts of the LBO boom. Joe also represents investment banks and financial advisors in connection with debt refinancings and comprehensive out-of-court debt restructurings.

Joe has practiced in a variety of industries such as healthcare, life sciences, pharmaceuticals, financial services, technology, chemicals, telecom, and gaming.

Selected Matters

• The initial purchasers in Lightning Power’s Rule 144A offering of $1.5 billion aggregate principal amount of 7.250% senior secured notes due 2032
• The administrative agent and lead arrangers in Lightning Power’s $1.7 billion term B credit facility and $600 million revolving credit facility
• The initial purchasers in Hub International Limited’s Rule 144A offering of $1.1 billion aggregate principal amount of 7.250% add-on senior secured notes due 2030 and $1.9 billion aggregate principal amount of 7.375% senior notes due 2032
• The lead arrangers in A-AP Buyer, Inc’s $650 million term B credit facility and $150 million revolving credit facility
  • Proceeds from the credit facility, together with proceeds from an equity contribution, were used to fund the leveraged buyout of Austin Powder by American Industrial Partners and to refinance Austin Powder’s existing indebtedness.
• The administrative agent and lead arrangers in Talen Energy’s exit credit facilities consisting of a $580 million term B credit facility, a $470 million term C credit facility, and a $700 million revolving credit facility in connection with Talen’s emergence from Chapter 11 bankruptcy
• The agents, lead arrangers, and lenders in a private credit $700 million term B facility and a $150 million super priority revolving facility for a financial services firm
• The lead arrangers in connection with an amendment to Hub International Limited’s $5.1 billion term B credit facility
• The lead arrangers in amendments to Hub International Limited’s $4.86 billion term B credit facility and an $35 million revolving credit facility
• The administrative agent in Rackspace Technology’s $1.31 billion term B credit facility and $375 million revolving credit facility
• The initial purchasers in DaVita’s Rule 144A offering of $1 billion aggregate principal amount of 6.875% senior notes due 2032
• The underwriters in Quanta Services’ public offering of $600 million aggregate principal amount of 4.750% senior notes due 2027 and a $650 million aggregate principal amount of 5.250% senior notes due 2034
• The lead arrangers in Brock Group’s $525 million term B credit facility
• The initial purchasers in Jefferson Capital’s Rule 144A offering of $400 million aggregate principal amount of 9.500% senior notes due 2029
• The lead arrangers in an amendment to Tenneco’s $100 million revolving credit facility
• The financing sources in connection with an approximately GBP 59 million holdco loan, the proceeds of which were used to fund an acquisition
• The financing sources in HCA’s $21 billion leveraged buyout
• The financing sources in over $13 billion of debt financing for Blackstone’s acquisition of a 55% stake in Thomson Reuter’s Financial and Risk Business (now Refinitiv)
• The financing sources in Basell AF and Lyondell Chemical Company’s merger, which created LyondelBasell Industries, the world’s third-largest independent chemical company