Structured Finance

Experience

Representations include:

• PIMCO / Blue Owl: Advised PIMCO-managed funds and accounts, as majority investors, on a $27.3 billion private securities offering by Blue Owl-managed funds to finance a joint venture with Meta for the development and operation of the 2,700-acre Hyperion Data Center campus in Louisiana.
• PIMCO: Represented PIMCO as the anchor investor in connection with the offering of $14 billion of 7.500% senior secured notes due 2045 by RD Michigan Property Owner I LLC, owned by a joint venture between Related Digital and Blackstone, for the development, construction and ownership of an Oracle data center project in Saline Township, Michigan.
• CAL Automotive / Ares: Represented CAL Automotive, a subsidiary of Auto Lenders, in its joint venture with Ares Management Alternative Credit funds to invest up to $1.5 billion in prime new vehicle leases, providing an off-balance-sheet financing structure for CAL’s lease originations.
• Apollo / Vale Oman Distribution Center: Advised Apollo and Apollo-managed affiliates, funds and other long-term investors on a $600 million investment to acquire a 50% interest in Vale’s Oman Distribution Center.
• Citibank and J.P. Morgan / Yinson Production: Advised the global coordinators, joint bookrunners and co-managers on Yinson Production’s approximately $1.17 billion Rule 144A/Regulation S offering of senior secured notes due 2045, together with related letter-of-credit facilities, to refinance an FPSO deployed offshore Brazil.
• JFK New Terminal One: Represented JFK NTO LLC, developer of the New Terminal One at John F. Kennedy International Airport, on a $2 billion municipal bond issuance used to finance and refinance a portion of the costs of Phase A of the project. The transaction was named IJGlobal’s 2023 North America Transport Deal of the Year – Airport.
• Apollo / Virgin: Advised Apollo-managed funds and affiliates on a $745 million secured financing of Virgin Atlantic’s portfolio of take-off and landing slots at London Heathrow, including negotiation of the financing and collateral package.
• FTAI Aviation: Served as issuer’s counsel on FTAI MRE 2026-1, a $612 million asset-backed securitization secured by 48 aircraft on lease to 23 airlines, following representation of FTAI Aviation’s Strategic Capital Initiative on a $2.5 billion asset-level debt financing led by Atlas SP Partners and Deutsche Bank to finance on-lease commercial aircraft.
• Nomura / Banco Plata: Advised Nomura as sole lead arranger and structuring agent on an up to $500 million securitization of Mexican credit-card receivables originated by Banco Plata, one of the largest cross-border asset-backed financings for a Mexican digital financial-services company.
• Industrial Outdoor Storage SASB Financing: Represented the lender in a $493 million CMBS financing of a 41-asset multistate logistics portfolio, the first-ever SASB securitization of industrial outdoor storage facilities.
• Related / 10 Hudson Yards: Represented an affiliate of Related Companies in the $1.37 billion refinancing of 10 Hudson Yards through a single-asset/single-borrower CMBS mortgage loan provided by Wells Fargo Bank, German American Capital Corporation, Morgan Stanley and Goldman Sachs as co-lenders.
• I Squared Capital / Star Leasing: Represented I Squared Capital and its portfolio company Star Leasing, a trailer leasing and maintenance provider, on a $750 million upsize to Star Leasing’s $1.3 billion asset-backed loan facility.

*Some matters handled prior to joining Gibson Dunn.