Taylor M. Smith

Representative DGS Transactions

• Representation of first lien lender in $50 million senior secured revolver for international ski resort company.
• Debt financing for leveraged acquisition of Texas water rights.
• $25 million senior secured revolver for a design engineering firm.
• Representation of commercial bank in $20 million senior secured asset-based revolver for warehousing company.
• Term loan for a personal grooming company under the Federal Reserve Board’s Main Street Loan Program.
• $50 million recapitalization transaction for Friday Health Plans, Inc.
• Debt financing for the management buyout of an environmental remediation firm.
• Representation of a commercial bank in the refinancing of a portfolio of restaurant franchises.
• Debt financing for a private equity firm’s acquisition of a workwear retailer.
• Representation of first lien lender in $32 million leveraged acquisition of a manufacturing company.
• Representation of a commercial bank in a senior secured asset-based credit facility for a seed company.
• Credit facility for Denver-based oil and gas exploration company providing for aggregate commitments of $150 million.
• $300 million credit facility for a Denver-based real estate investment fund.
• $30 million revolver and $95 million term loan for Denver-based industrial materials company.
• Representation of a lender in a series of debt/equity hybrid investments in oil and gas exploration companies in Colorado, Louisiana, Arkansas, and Texas.
• Loans to finance construction of condominium and apartment buildings in the LoHi, RiNo, Cherry Creek, and Sloan’s Lake neighborhoods of Denver.
• Reserve-based revolving credit facility for PDC Energy, Inc., providing for a maximum credit amount of $2.5 billion.
• $75 million syndicated credit agreement with $100 million accordion for DMC Global Inc.
• Debt financing for Snowmass base village development project.
• Debt financing for the development of Camelback Mountain Resort.
• Subscription-based credit facilities for an energy focused private equity fund and a real estate focused private equity fund.
• Loans to finance hotels in Berkeley, California; Washington, D.C.; and Atlanta, Georgia.
• Representation of an administrative agent in a credit facility for a digital printing company.

Representative Previous Transactions

• Representation of lenders in debt financing for $17 billion acquisition of a cable company.
• $8 billion credit facility for a hospitality company.
• Debt financing for the acquisition of an energy services company by a private equity firm.
• Debt financing for the acquisition of an internet company by a private equity firm.

Publications

• “Anti-Cash Hoarding Provisions in Reserve-Based Credit Agreements,” DGS Legal Alert (May 2020)
• “Energy Funds Target Subscription-Based Facilities,” Oil & Gas Investor (November 2017)