Thomas W. Baxter

Partner

Tom Baxter is a partner in O’Melveny’s Los Angeles office and a member of the firm’s Corporate Finance Practice.  He represents financial institutions, institutional investors and corporations in financing transactions. He has served as counsel for holders of senior and subordinated debt and companies in connection with numerous secured and unsecured leveraged buyouts, recapitalizations, debt restructurings, securitizations and other structured financings. He has represented financial institutions issuing letters of credit to support tax-exempt securities and in debtor-in-possession financings and also handled acquisitions and sales of banking and financial assets. His experience includes work on behalf of major banks, insurance companies, and other lenders as well as a number of Fortune 500 companies.

Illustrative Professional Experience

• Represented American AgCredit, in connection with a $800 million note financing for Crown Pine.
• Represented American Capital, Ltd. in numerous senior and mezzanine financings, including Avalon, Axygen, BBB Industries, Euro Pro, Dynojet, Edge Products, Fleishmans, Fountainhead, Halex, Home Away, LCW, Paradigm, Pacific Handy Cutter, Sixnet, UFG, Value Plastics and Zencom.
• Represented AIG and SunAmerica in numerous mezzanine and other financings, including in connection with the issuance of over $40 billion of guarantied investment contract backed notes.
• Represented Bank of America in connection with various credit facilities, including a $500 million senior secured facility for Flowserve Corporation and a $750 million asset based facility for Levi Strauss.
• Represented Beach Point Capital and Post Advisory Group in numerous financings, including financings for Booth Creek Ski Holdings, Bushmaster, Coastal Development, DigitalGlobe, The Freedom Group, Solutia, Inc., and Toys R Us.
• Represented Black Canyon Capital in connection with credit facilities for its portfolio companies, including Jefferson Dental Clinics and Malibu Boats, LLC.
• Represented Clarity Partners, LP in connection with credit facilities for its portfolio companies, including Modern Luxury Media, Impremedia and Naylor.
• Represented Credit Suisse in connection with various credit facilities, including a $500 million credit facility for Attachmate and a $400 million credit facility for Skilled Healthcare.
• Represented Deutsche Bank in connection with various credit facilities, including a $450 million credit facility for Alliance Imaging and a $225 million credit facility for Hexcel Corporation.
• Represented Francisco Partners, L.P. in connection with various credit facilities for its portfolio companies, including Foundation 9, Lynx Medical Systems, Red Prairie and Web Trends.
• Represented Gottschalks, Inc. in connection with its credit facilities, including a $125 million debtor-in-possession financing in connection with its bankruptcy restructuring.
• Represented International Game Technology, Inc. in its $1.7 billion credit facility and other financings.
• Represented International Lease Finance Corporation in its $2.5 billion revolving credit facilities and its $1.0 billion credit facilities.
• Represented Macerich in connection with its $2 billion senior revolving and term credit facilities.
• Represented Microsemi Corporation in connection with its $50 million senior secured revolving credit facility.
• Represented Vance Street Capital LLC in connection with its portfolio company financings, including ASC Group, Inc. and Process Fab, Inc.
• Represented Vector Capital in connection with portfolio company financings, including Register.com, Tripos, L.P., and Watchguard Technology, Inc.
• Represented Wells Fargo Bank in connection with various credit facilities, including revolving credit facilities for Green Equity Investors V, L.P. and Green Equity Investors Side V, L.P. and $195 million in senior secured credit facilities for Sagittarius Restaurants, LLC (Del Taco).
• Represented Westar Capital in connection with various credit facilities for its portfolio companies, including Candle Lamp, Doskocil, Harpers and Igloo.

Professional Activities

Member, Section of Business Law of the American Bar Association and the Financial Lawyers Conference