Pearl X. Yuan-Garg represents private equity sponsors, their portfolio companies, and public and private companies in large-cap and middle-market financing transactions, including acquisition and other leveraged financings, asset-based facilities and corporate credit facilities.
Pearl also has significant experience in complex workouts, restructurings and credit card issuer/airlines co-branding transactions.
Pearl received her J.D. from Yale Law School, her M.S. in Finance from the Graduate School of the People's Bank of China (n/k/a PBC School of Finance, Tsinghua University), and her B.A. in English from Beijing Foreign Studies University. She is admitted in New York.
Pearl’s representative matters include advising:
- A major dealer in connection with the structuring, negotiation and documentation of an acquisition term loan facility paired with TRS to a specialty asset management company.
- AngioDynamics in connection with the negotiation and documentation of a new revolver-only credit facility of $125 million.
- A major company in the entertainment industry in connection with the negotiation and documentation of a revolving credit facility agented by JPMorgan.
- Sprouts Farmers Market in connection with the negotiation and documentation of its post-IPO revolving credit facility (currently of $700 million) and the refinancing and amendment thereof.
- Apollo Global Management and its portfolio companies, including EP Energy, Hostess Brands, Sprouts Farmers Market, American Gaming Systems, Caelus Energy, and Pinnacle Operating Corporation, in various financing matters.
- General Atlantic in financing numerous acquisitions and investments, including EviCore, CleaResults, Align Networks, Too Faced, General Information Services, ASHN and Landmark Health, among others.
- General Atlantic and Silver Lake in financing their joint acquisition of A Place For Mom (APFM), and APFM in financing its subsequent tack-on acquisitions.
- Spectrum Brands in financing numerous acquisitions, including its $2.6 billion acquisition of Russell Hobbs and its $1.4 billion acquisition of the Hardware & Home Improvement Group of Stanley Black & Decker, and in refinancing transactions.
- KPS Capital Partners in financing its acquisition of Anchor Glass Container and subsequent dividend recapitalization transactions.
- KPS Capital Partners and its portfolio company International Equipment Solutions (“IES”) in connection with the refinancings of the acquisition credit facilities.
- Roark Capital Group in financing its acquisition of a majority stake in, and recapitalization of, Jimmy John’s.
- TriWest Capital Partners and Albert Teachers’ Retirement Fund in financing their acquisition of a majority stake in NCSG Crane & Heavy Haul Corp (“NCSG”), and NCSG in its acquisition of B&G Crane Service, and the subsequent amendments and financial restructurings.
- Centre Partners in financing its acquisition of Stonewall Kitchen.
- Cable and Wireless Communications in connection with the negotiation and documentation of its $390 million secured bridge facility and $300 million unsecured bridge facility.
- TPG Capital, Oaktree Capital Management and their co-investor in financing their acquisition of Taylor Whimpey's North American business, Taylor Morrison, and subsequent refinancing transactions.
- Senior secured lenders in two rounds of out-of-court restructuring of the capital structure of Marsico Capital Management and its affiliates, initially consisting of $1 billion senior secured credit facilities and $1.6 billion mezzanine debt.
- TPG Capital and GS Capital Partners in financing their $27.5 billion acquisition of ALLTEL Corporation.
- TPG Capital and Macquarie Bank in their efforts to finance the A$11.1 billion acquisition of Qantas Airways Limited.
- LS Cable in financing its $900 million strategic acquisition of Superior Essex, the first-ever acquisition of a public U.S. company by a public Korean company with an ABL and a bridge facility.
*Several of the above representations were handled by Pearl prior to her joining Cadwalader.