Overview
Wade M. Kennedy is an attorney in Holland & Knight's Chicago office and a member of the firm's Financial Services Team and co-lead of the Asset-Based Lending Team. Mr. Kennedy has more than 30 years of experience and focuses his practice on representing lead financial institutions in complex syndicated credits to asset-based and leveraged borrowers. He has significant experience documenting asset-based credit facilities in the context of sponsor-driven acquisitions, unitranche facilities and working capital, high yield/term debt and first lien/second lien transactions.
In addition, Mr. Kennedy's practice includes representing national financial institutions in single and multicurrency credit facilities, cross-border financings and other leveraged finance and cash flow transactions. His asset-based lending experience spans various industries, including manufacturing, trucking, food products, lender finance, retail, beverage and energy.
Prior to joining Holland & Knight, Mr. Kennedy was the head of asset-based lending and a partner in the debt finance group of an international law firm.
Representative Experience
- Represented a national bank as agent in a syndicated $5 billion asset-based credit facility to a national beverage distributor
- Represented a national bank as agent in a syndicated $2.4 billion asset-based credit facility to a national transportation and receivables finance company
- Represented a national bank as agent in a syndicated $500 million multicurrency asset-based credit facility
- Represented a national bank as agent in a syndicated $125 million asset-based credit facility in connection with a sponsor acquisition of a national plastic container company
- Represented a national bank as agent in a syndicated $300 million asset-based credit facility to a national pipe manufacturing company
- Represented a national bank in a syndicated $250 million asset-based credit facility to a national paper company
- Represented a national bank as agent in a $165 million asset-based credit facility to a national private label food producer
Credentials
- University of Michigan Law School, J.D.
- St. Lawrence University, B.A., cum laude
- Illinois
- North Carolina
- Secured Finance Foundation, Development Committee, Chairman, 2017-2019; Board of Directors, 2015-2020
- Association of Commercial Finance Attorneys (ACFA)
- American Bar Association
- North Carolina Bar Association
- The Legal 500 USA, Leading Lawyer, Commercial Lending, 2018