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Morgan Bassett practices in the areas of lender and borrower representation and commercial law. He is the North American Co-Leader of the Fund Finance Team and has experience in financing for various types of pooled investment vehicles, including mutual funds, closed-end funds, private equity funds, and real estate investment funds. His experience includes negotiation, documentation and administration of syndicated credit facilities, bi-lateral financing arrangements and “club deals”, including acquisition financings, secured and unsecured credit facilities, warehousing facilities, asset based loan facilities, multi-currency facilities, senior and subordinated credit facilities, mezzanine loans, and real estate financing.

Professional Affiliations

    • New York Bar Association
    • American Bar Association
    • American Bar Association
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Representative Experience

  • Represented the administrative agent, swingline lender, and issuing bank in connection with a $150,000,000 senior unsecured syndicated revolving credit facility.Represented the lender in connection with a $400,000,000 senior unsecured syndicated revolving credit facility for 138 open-end funds for liquidity purposes.
  • Represented a real estate investment fund borrower in connection with a first mortgage loan in the amount of up to $15.25 million and a mezzanine loan in the amount of $5 million in connection with the acquisition and renovation of a commercial office space building.
  • Represented the lender in a $117,000,000 senior secured revolving credit facility for a closed-end fund 1940 Act fund.
  • Represented the administrative agent in connection with a $500,000,000 senior unsecured syndicated revolving credit facility for 111 open-end funds for liquidity purposes.
  • Represented real estate investment fund borrower with respect to a first mortgage loan in the amount of up to $20.7 million and a mezzanine loan in the amount of $5 million for the purpose of recapitalization of, and improvements to, a commercial office space building.
  • Represented the administrative agent in connection with a $2.53 billion senior unsecured revolving credit facility and a $150 million senior unsecured uncommitted line of credit, in each case for a family of open end and closed end 1940 Act funds for the purpose of liquidity.
  • Represented the administrative agent in connection with three senior unsecured revolving credit facilities aggregating $675 million for liquidity for a family of open end 1940 Act funds.
  • Represented the administrative agent, in connection with a $275 million add-on term loan B to an existing $390 million senior secured credit facility for a cable television provider.
  • Represented a real estate investment fund with respect to a first mortgage loan in the amount of up to $192.4 million and a mezzanine loan in the amount of $48.1 million in connection with the acquisition of a national portfolio of hotel properties.
  • Represented an originator and seller of commercial mortgage loans in connection with a $100 million master repurchase agreement.
  • Represented a closed-end fund in connection with a $50 million senior secured revolving credit facility for leveraging the fund.
  • Represented a real estate investment fund in connection with a senior secured loan in the amount of up to $89.9 million for the purposes of recapitalization of, and improvements to, an office building with retail.
  • Represented the lender in connection with a $117 million senior secured revolving credit facility providing leverage for a closed end 1940 Act fund.
  • Represented a motorcycle leasing company in connection with a $100 million senior secured credit facility to finance the origination of motorcycle leases.
  • Represented administrative agent, in connection with a senior unsecured $530 million revolving credit facility for a family of open end 1940 Act funds for the purpose of liquidity.
  • Represented a real estate investment fund in connection with a first mortgage loan in the amount of up to $82 million for the purpose of making capital improvements to an office building.
  • Represented a real estate investment fund in connection with a first mortgage loan in the amount of up to $19 million for the purposes of recapitalization of, and improvements to, of a portfolio of properties.