Smith Anderson Presents on Accessing the Debt Markets

Raleigh, N.C. - On March 24, 2014, partners in Smith Anderson’s Debt Finance Practice, Lee Kirby, Bart Norman and Armand Perry, presented on “Accessing the Debt Markets” as part of the Continuing Professional Education series hosted by VACO Raleigh, an executive placement and consulting firm. 

More than 50 senior financial officers from companies in the Research Triangle Region attended the seminar, which covered the following topics: 

• “Financing Life Cycle of a Business” – Lee Kirby described the stages in the life of a typical company and related them to the type of financing most appropriate at each stage, from seed capital through bank facilities to purchaser financing upon an investor exit.  
• “Highlights and Considerations from a Sample Term Sheet” – Bart Norman walked through the negotiation of a syndicated credit agreement term sheet and covered issues typically negotiated with respect to parties, payment terms and collateral.  
• “Effective Use of Legal Counsel” – Armand Perry focused on how companies can make the most effective use of legal counsel at all stages of their debt financings, including to reduce legal costs or obtain better terms, and illustrated with lessons learned from recent Triangle financings.  

About Smith Anderson’s Debt Finance Practice

Smith Anderson’s Debt Finance Practice group provides legal services for businesses that need timely access to credit, capital markets and financial instruments. Lawyers in this practice regularly act as primary counsel in regional, national and international debt financing transactions. In each of the past three years, Smith Anderson’s Debt Finance Practice has ranked nationally in the top 30 (by volume) among borrower-side representation for leveraged loans, according to the Law Firm League Tables published by Thomson Reuters LPC.