Derek A. Andersen
Associate
Overview
Derek A. Andersen is a financial services attorney in Holland & Knight's Charlotte office. Mr. Andersen has extensive experience representing borrowers and lenders in domestic and cross-border lending transactions and has structured, negotiated and documented a wide range of financing arrangements in the U.S. and Europe, including secured and unsecured bilateral and syndicated credit facilities, multicurrency financing facilities, high-yield and investment grade bonds, acquisition financings, first- and second-lien loans, and commercial real estate financings.
Mr. Andersen has worked on transactions spanning a wide range of industry groups, including motor vehicle dealerships, government contractors, business services, equipment providers, real estate development and telecommunications. He also has experience working on transactions secured by a variety of collateral types, including motor vehicles, real estate, deposit and security accounts, intellectual property (IP) and equity interests.
Mr. Andersen previously worked as a corporate associate in the Tampa office of Holland & Knight, where he led mergers and acquisitions (M&A) transactions and advised public and private clients on a broad range of corporate matters, including securities transactions, corporate governance, and reporting and compliance requirements. Prior to joining Holland & Knight, Mr. Andersen was an attorney with a major international law firm in its London and New York offices, where he represented issuers, underwriters and lenders in leveraged finance and debt capital markets transactions.
While in law school, Mr. Andersen served as a judicial intern with the U.S. Bankruptcy Court for the Middle District of Florida.
Representative Experience
- Represented a national bank as administrative agent in a $2.25 billion amend and extend of the borrower's senior secured credit facility
- Represented Wells Fargo Bank National Association as agent in a $500 million syndicated senior secured revolving credit facility to Tecnoglass Inc., a leading manufacturer of architectural glass and vinyl products, and its subsidiaries
- Represented the initial purchasers in connection with a $3.7 billion four-tranche U.S. dollar/euro (USD/EUR)-denominated Rule 144A/Regulation S senior secured notes offering in support of the public-to-private acquisition of the company, one of the largest telecommunications networks in France, by its founder
- Represented the initial purchasers in connection with a two-tranche British pound/euro (GBP/EUR)-denominated Rule 144A/Regulation S senior secured notes offering used as permanent financing for the sponsor's acquisition of a British financial services platform
- Represented the initial purchasers on the $550 million Rule 144A/Regulation S senior secured notes offering used as permanent financing for the sponsor's acquisition of the largest network of pet stores in Italy
- Represented the issuer, a leading global sugar cooperative based in France, on a series of $300 million Rule 144A/Regulation S senior unsecured notes offerings used for the refinancing of existing debt
- Advised the note purchasers on the private placement of Rule 144A/Regulation S senior secured notes, which served as permanent financing for the sponsor's acquisition of a United Kingdom (U.K.) hospitality company to form the largest pub company in the U.K.
- Represented the initial purchasers in connection with a Rule 144A/Regulation S senior secured notes issuance of a French equipment leasing company with security in Norway and Sweden
- Represented the issuer, a leading British digital payment platform, on its inaugural issuance of Rule 144A/Regulation S senior secured notes
- Represented the initial purchasers in preparation for a large-cap unsecured Regulation S notes offering sponsored by a leading European private equity fund, which was canceled immediately prior to launching due to market instability following the invasion of Ukraine
- Represented the arrangers in connection with an incremental upsize to the borrower's existing Term Loan B facility to finance a bolt-on acquisition by the sponsors
- Represented the issuer, a private-sector financing source for the funding of airplane exports in the U.S., in connection with the Rule 144A/Regulation S offering of unsecured notes
- Represented the dealer-manager in connection with the issuer's any-and-all cash tender offer and consent solicitation for long-dated junior notes
- Represented the middle-market sponsor on a $10 million Term Loan A Facility used to finance the acquisition of a distressed private utility services company based in Alabama
- Represented the administrative agent on a limited waiver to cure an administrative default under the borrower's credit agreement
- Represented the administrative agent/lenders on three Secured Overnight Financing Rate (SOFR) amendments, two of which implicated hard-wired benchmark replacement provisions
- Represented the ad hoc lender group in negotiations with a transnational borrower for a waiver of default and other amendments in the context of an acceleration and enforcement scenario
- Represented the lender, a private investment fund, in a first-lien secured financing secured by U.S. and Irish collateral
- Represented the arranger and administrative agent in a $700 million incremental financing under a syndicated credit facility used to acquire motor vehicle dealerships
- Represented one of North America's largest furniture store brands and one of the world's best-selling home furnishing brands in its acquisition of a leading digital retailer and wholesaler of mattresses and bedding accessories
- Represented a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and door systems in its acquisition of a family-owned leading designer and manufacturer of premium, aluminum-framed glass door and window solutions for luxury homes
- Represented a sponsor-backed national specialty insurance brokerage and risk management and consulting firm in numerous add-on acquisitions of independent insurance agencies across the U.S. serving commercial and personal insurance clients
- Represented a national benefits technology company in the sale to a leader in the benefits technology, administration, education and virtual care industry
- Represented a sponsor-backed full-service commercial cleaning company in its add-on acquisition of a Pennsylvania-based provider of residential and commercial cleaning services
- Represented an independent beverage solutions provider for global, national and emerging brands and retailers with production in Europe, North America and Australia in its acquisition of a family-owned contract manufacturer of premium beverages in California
Credentials
- Columbia Law School, J.D.
- Columbia Business School, MBA
- The University of Alabama, M.S., Finance
- The University of Alabama, B.S.C.B.A., Finance and Economics, cum laude with honors
- Florida
- New York
- North Carolina
- Harlan Fiske Stone Scholar, Columbia Law School, 2021