Associate - Debt Finance

The Cleveland office of BakerHostetler is seeking a Debt Finance associate with 3-6 years of experience to join its busy and growing Debt Finance practice.

Qualifications Include

• Experience representing arrangers, agents, lenders and borrowers in connection with syndicated or bilateral credit facilities
• Experience with an array of credit facilities, such as secured term loans, cash flow and asset-based revolving credit facilities and leveraged acquisitions, first lien, second lien, and unsecured
• Appropriate experience drafting, reviewing and negotiating loan documents, including credit/loan agreements, security agreements, guarantees, intercreditor agreements, subordination agreements, promissory notes, fee letters, commitment letters, term sheets and amendments
• Involvement and general familiarity with principles and procedures relevant to secured personal property transactions, including UCC Article 9 and relevant elements of UCC Article 8
• Experience with negotiating and obtaining third party deliverables, including control agreements, bailee waivers, credit card processing agreements, and insurance endorsements
• Experience with standard diligence surrounding debt finance transactions, from the lender and/or borrower perspective, including review of searches, review of organizational documents, management agreements, preparation of disclosure schedules
• Experience organizing and running complex closing processes
• Experience with substantial clients, whether debt funds, banks, private equity sponsors, privately held middle market companies
• For candidates with greater than 4 years’ experience, familiarity with drafting and negotiating legal opinions and opinion diligence
• Admission to practice law in the State of Ohio
  
  

Ideal Candidate Will Have

• Experience with a reasonably varied scope of secured lending transactions primarily in the middle market but also spanning smaller venture stage debt financing and some large investment grade financings, including (some, but not all) cross-border work, some project finance, restructuring and workout, first lien/second lien/mezz, in a wide variety of industries.
  
  

The expected annual salary range for this position is $220,000-$250,000. The salary offered in any location will be determined by a wide range of factors, including, but not limited to, experience level, education/training, geographic region, and relevant skills. Associates also participate in a performance- and hours-based bonus program.

Application Submission Information

Qualified Candidates – Self-Apply:

Please apply via link in posting and attach your cover letter, resume, law school transcript, and deal sheet.

If you have questions about the position or process, please contact Senior Recruiting Manager, Dina Santora, at dsantora@bakerlaw.com or Yesenia Santos at ysantos@bakerlaw.com.

Search Firms

If your search firm has a fully executed search firm agreement in place with BakerHostetler, please submit application materials including introduction, resume, law school transcript and deal sheet to Dina Santora, at dsantora@bakerlaw.com and Yesenia Santos at ysantos@bakerlaw.com.

If your search firm does not have a fully executed search firm agreement in place with BakerHostetler, please submit only blind candidate profile to Dina Santora at dsantora@bakerlaw.com and Yesenia Santos at ysantos@bakerlaw.com.

Applications will be accepted on an ongoing basis until the position is filled.

Baker & Hostetler LLP is an Equal Opportunity Employer.