EXPERIENCE

David has been involved in dozens of matters involving Apollo Global Management and its various portfolio companies. David also works with the firm's other private equity clients on a variety of corporate financings and with certain of the firm's long-standing public clients.

David’s recent financing experience includes advising:

• Funds managed by affiliates of Apollo Global Management in numerous financing transactions, including:
  • its portfolio company, Reno De Medici, an Italy-based producer and distributor of recycled carton board, in its offering of €600 million of sustainability-linked floating rate senior secured notes and a new revolving credit facility
  • its take-private acquisition, alongside other investors, of SYNLAB AG, a Germany-based pharmaceutical group
  • its acquisition of The Travel Corporation, a UK-based privately owned and operated global leader in touring and luxury river cruises
  • its acquisition of Evri, a UK-based parcel delivery company, from Advent International
  • in entering into a new senior secured credit facility, consisting of an initial €790 million senior secured term loan and a $250 million senior secured exchange term loan, as well as additional senior secured term loans in connection with the refinancing of Ardagh Group S.A., a Luxembourg-based supplier of recyclable metal and glass packaging
  • its portfolio company, Lottomatica S.p.A., an Italy-based gaming company, in its €600 million initial public offering, its issuance of €1.115 billion of notes and subsequent issuance of €500 million of floating-rate senior secured notes in connection with the financing of its acquisition of SKS365 Malta Holding
  • in obtaining financing commitments from a group of banks to support Apollo’s announced voluntary tender offer for 100% of the shares of Spanish industrial testing company Applus Services, S.A.
  • their acquisition of the Terminals, Solutions & Services (TSS) business line from Worldline, a France-based payments servicer
  • its €450 investment in Kem One Group, a Europe-based producer of PVC, caustic soda, and chlorinated derivatives, consisting of a €100 senior secured revolving credit facility
• Gestamp, an automotive components company, in its €400 million offering of senior secured notes and the restatement of its Senior Facilities Agreement, comprised of term loan and revolving credit facilities in an aggregate principal amount of approximately €1.1 billion
• KPS Capital Partners in numerous financing transactions, including:
  • the €3.615 billion sale of Eviosys to Sonoco Products Company, a South Carolina-based sustainable packaging producer
  • alongside its portfolio company, Metra, in their acquisition of Belding Machinery and Equipment Leasing, a Michigan-based tool manufacturer
  • its portfolio company, Speira in its acquisition of Real Alloy Europe, a Germany-based aluminum recycling company
  • its acquisition of a controlling equity interest in Princess Yachts, a UK-based motor yacht manufacturer
  • its approximately $2.7 billion acquisition of the Europe, Middle East and Africa food, aerosol and promotional packaging business from Crown Holdings, Inc., a supplier of rigid packaging products to consumer marketing companies
  • the acquisition of the global aluminum rolling, recycling and manufacturing business from Hydro Norsk ASA, including the structuring and negotiation of an inventory monetization facility to monetize aluminum inventory, including implementation of a true-sale structure and facilitation of just-in-time inventory management as part of the financing structure for newly created Speira Holdings
• Revlon, Inc. in numerous financing transactions, including:
  • a $1.83 billion term loan refinancing, as well as the amendment and extension of an existing multibillion-dollar senior secured credit facility
  • the refinancing of its $400 million asset-based loan facility
  • a successful $343 million out-of-court exchange offer
  • a $200 million senior secured term loan from Ares Management
  • various other refinancings, term loans and other credit facilities
• Roark Capital Group in the financing for the acquisition of International Car Wash Group, a car wash group with operations across Europe as well as the U.S. and Australia, from TDR Capitalwhich included first lien and second lien secured credit facilities in the amount of $475 million and $175 million, respectively
• S4 Capital in a €375 million senior secured term loan and £100 million senior secured revolving facility
• Vallourec SA, a France-based manufacturing company, in its refinancing, consisting of $820 million of senior notes, €550 million multi-currency revolving credit facility, and $350 million asset-based lending facility