SERVICES

INDUSTRIES

ADMISSIONS

  • New York
  • New Jersey
  • California

EDUCATION

  • George Washington University Law School, JD, with honors
  • Colgate University, BA, cum laude
MLoesberg@BlankRome.com
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Michael J. Loesberg

Of Counsel

New York, NY v. +1.212.885.5248 f. +1.917.332.3027

Michael Loesberg focuses his practice on the representation of financial institutions in connection with asset-based lending and other commercial lending transactions (including working capital and acquisition financing) as well as business reorganization and financial restructuring transactions (including debtor-in-possession and exit financing). He has wide-ranging experience with syndicated and single-lender loan transactions involving revolving loans, term loans and letters of credit, multicurrency transactions, cross-border transactions, and intercreditor arrangements. His clients include national and international banks and other financial institutions, finance companies, and hedge funds.

Prior to joining Blank Rome, Mr. Loesberg was a partner in the New York office of an international law firm, and earlier in his career was a law clerk for The Honorable Geraldine Mund, U.S. Bankruptcy Court for the Central District of California.


REPRESENTATIVE MATTERS

  • Represented a national bank as agent and lender in a $1.5 billion working capital revolving credit facility to the largest national retail supplier of lumber and professional building materials.
  • Represented a national bank as agent and lender in a $800 million debtor-in-possession financing facility to a national retail supermarket chain and a $725 million Chapter 11 exit financing facility to the company.
  • Represented a national bank as agent and lender in a $75 million working capital revolving credit and term loan facility to a manufacturer and distributor of bath tissue, paper towels, napkins, and facial tissues.
  • Represented a national bank as agent and lender in a $175 million revolving credit facility to a private equity firm in connection with the acquisition of and working capital for a provider of scaffold rentals, sales, and project management services.
  • Represented a national bank as agent and lender in a $200 million working capital revolving credit facility to a leading retail chain of plus-size women’s clothing stores.
  • Represented a national bank as agent and lender in a $75 million working capital revolving credit and term loan facility to a prominent retail supplier of vitamins and nutritional supplements.
  • Represented a national bank as agent and lender in a $80 million working capital revolving credit and term loan facility to a regional operator of transit, para-transit, and school buses.
  • Represented a national bank as lender in a $27 million working capital revolving credit facility to a supplier and distributor of beef and poultry products.
  • Represented a national bank as agent and lender in a $250 million working capital revolving credit and term loan facility to a producer of aluminum can stock for the beverage and food industries.
  • Represented a national bank as first lien agent, first lien lender, and second lien agent in a $75 million working capital revolving credit and term loan facility to a national auto transport company.
  • Represented a national bank as agent and lender in a $525 million multi-currency working capital revolving credit to an international locomotive manufacturer and provider of locomotive technology.
  • Represented a national bank as agent and lender in a $225 million working capital revolving credit and term loan facility to a regional supplier of building materials to professional contractors.
  • Represented a national bank as agent and lender in a $85 million working capital revolving credit facility to a supplier of cheese and other dairy products.
  • Represented a national bank as agent and lender in a $200 million working capital revolving credit facility to a national chain of gas stations and truckstops.
  • Represented a national bank as lender in a $25 million revolving credit facility to a private equity firm in connection with the acquisition of and working capital for a leading designer and manufacturer of concealable and tactical body armor.
  • Represented a national bank as agent and lender in a $53 million working capital revolving credit and term loan facility to a prominent retail chain of men’s sportswear and apparel.
  • Represented a finance company as agent and lender in a $100 million working capital revolving credit and term loan facility to a national retail chain of home appliances and consumer electronics stores.
  • Represented a national bank as agent and lender in a $110 million working capital revolving credit facility to a supplier of precious metals, tubing, and engineered materials.
  • Represented a national bank as lender in a $15 million Chapter 11 exit financing facility to a Canadian manufacturer and supplier of cookies and other baked goods.