Overview

Pamela MacKenzie, a Director, conducts a broad-based commercial and real estate finance practice representing leading financial institutions and sophisticated borrowers in a wide variety of transactions, including acquisition finance, secured and unsecured REIT facilities, leveraged cash flow and asset-based loans, investor bridge facilities, credit enhancement bond transactions, debtor-in-possession facilities, intercreditor arrangements, first-lien and second-lien facilities and cross-border transactions. Pam has significant experience lending in the retail sector, and in representing letter of credit issuers in tax-exempt industrial bond financings and with loan workouts and restructurings.  Chambers USA recognizes Pam as "one of the team's key finance practitioners who is extremely client-oriented with good problem-solving and negotiation skills.”

Representative Experience

• Representation of Bank of America as administrative agent in its $783 million financing to one of the fastest growing independent waste management companies in the United States and Canada.  This transaction is representative of numerous financings in which Pam represents Bank of America as agent in facilities to companies in the environmental services/waste management industry.
• Representation of CrossHarbor Capital in DIP Loan Financing in connection with ultimate acquisition of Yellowstone Club.
• Representation of leading international financial institution as administrative agent and lead arranger in a $1 billion revolving credit facility to Boston Properties Limited Partnership. 
• Representation of Bank of America in its $45.8 million letter of credit facility used to enhance floating rate revenue refunding bonds for a top-ranked New England based college.
• Representation of private equity fund Castanea Partners as borrower in its acquisition financing used to acquire a national high-end fashion designer and retailer.  This represents one of numerous acquisition financings for New England based equity sponsors Pam has completed.
• Representation of Pyramid Hotel Opportunity Venture II LLC in its $250 million revolving credit facility from Citibank, N.A. 
• Representation of various MMA Financial Institutional Tax Credit Funds as borrower in multiple substantial bridge facilities bridging investor capital calls. 
• Representation of KeyBank National Association in revolving credit facilities to public and private REITs, including Heritage Property Investment Trust, Inc. ($350 million); First Potomac Realty Investment Limited Partnership ($125 million); and Whitestone REIT Operating Partnership, L.P. ($50 million). 
• Representation of KeyBank National Association in a $50 million term loan to a public REIT secured by equity interests and distribution rights of property-owning subsidiaries. 
• Representation of Tweeter Home Entertainment Group, Inc. in its $75 million revolving credit facility with General Electric Capital Corporation and with its subsequent debtor-in-possession financing.
• Representation of major financial institutions in connection with sponsor group LBO’s and recapitalizations, and with mergers and acquisitions of public and private companies.
• Representation of Bank of America’s Retail and Apparel group in financings for Linens ‘n Things ($150 million), Barnes & Nobles, Inc. ($500 million), Lands’ End ($200 million), Ross Stores, Inc. ($600 million), Brookstone ($80 million), GameStop ($75 million), and Claire’s ($60 million). 
• Representation of Joan Fabrics in its obtaining $425 million of acquisition financing from Bank of America and a syndicate of lenders for its purchase of the Collins & Aikman Mastercraft Group, in its mezzanine financing from GarMark Partners and in its receivables securitization facilities. 
• Representation of Bank of America in a $350 million line of credit for a Canadian-based distributor of computer peripherals, with subsidiaries in more than 20 countries. This is one of numerous Canadian financings for which we have served as bank counsel, providing cross-border tax structuring and collateral advice. 
• Representation of a major foreign bank in connection with its acquisition of senior secured and mezzanine loan positions in loans relating to trophy assets and development/construction projects located in New York and Florida.
• Representation of Bank of America, N.A. as administrative agent in a $160 million term loan facility to finance the acquisition of certain development parcels and theatre development rights on Eighth Avenue in New York.