Tracey Chenoweth represents borrowers, lenders and private equity firms in a variety of transactions and across numerous industries, including media, gaming, retail and manufacturing.

Bio

Ms. Chenoweth’s practice includes acquisition financings for strategic investors, leveraged buyouts, bridge loans, and other secured and unsecured financings. She also frequently advises large banks and other financial institutions.

Ms. Chenoweth’s experience includes advising:

  • A&E Television Networks in connection with its credit facility;
  • Antarctica Capital, Mubadala Capital and Softbank in the financing for their acquisitions of Imperial Parking Corporation and Citizens Parking;
  • CareTrust REIT, Inc., in connection with its $2.64 billion credit facilities obtained at the time of its spin-off from The Ensign Group, Inc.;
  • Crane Co. on financing aspects of its $800 million acquisition of Crane & Co., Inc. from private equity firm Lindsay Goldberg, members of the Crane family and other shareholders;
  • Credit Suisse AG, as administrative agent and lead arranger, in numerous transactions, including:
    • first and second credit facilities in an aggregate principal amount of $645 million used to finance the acquisition of JCF Ascensus Holdings, Inc., by Genstar Capital;
    • the extension of $2.12 billion senior credit facilities to, and the related offering of, senior and subordinated notes by Avista Capital Partners, LP to finance its acquisition of WOW! television networks;
    • $685 million in senior secured financing for the acquisition by a portfolio company of America Securities of Global Tel*Link Corporation and subsequent tack-on acquisitions and refinancings; and
    • financing extended to TPG Capital in connection with $330 million credit facilities, including an interim facility agreement, to finance its subsequently terminated offer for GlobeOp Financial Services under the U.K.’s “certain funds” rules and regulations;
  • Crimson Capital in connection with credit facilities extended in connection with its investment in the Tyden Group and subsequent tuck-in acquisitions;
  • Forrester Research, Inc., in connection with $200 million in financing for its acquisition of SiriusDecisions, Inc.;
  • Jos. A. Bank Clothiers Inc., with respect to financing work related to the unsolicited, but subsequently agreed upon, $1.8 billion acquisition by The Men’s Wearhouse, Inc., as well as its terminated acquisition of Everest Holdings LLC, the parent company of the Eddie Bauer brand and a portfolio company of Golden Gate Capital;
  • Merck KGaA (Germany) with respect to financing for its $17 billion acquisition of Sigma-Aldrich Corporation;
  • Pamplona Capital Management in several financings in connection with both acquisitions and refinancings of debt for existing portfolio companies;
  • Penn National Gaming, Inc. (Penn) and Gaming and Leisure Properties, Inc. (GLPI) in multiple credit facilities, including those obtained in connection with Penn’s spin-off of GLPI;
  • Permira Advisers in numerous acquisition financings;
  • the special committee of Caesars Acquisition Company in several transactions related to the multibillion-dollar restructuring of Caesars Entertainment Operating Company, Inc.;
  • Triumph Group Inc. (Triumph) in connection with a settlement agreement reached between one of its subsidiaries and Bombardier Inc. to resolve all outstanding commercial disputes between the parties related to the design, manufacture and development of wing components, and related amendments to the Triumph credit facilities; and
  • Yahoo! Inc. (and its successor Alibaba, Inc.) in the sale of its operating business to Verizon Communications Inc., as well as a margin loan facility designed to monetize its investment in Alibaba Group Holding Limited.

Ms. Chenoweth is actively involved in Skadden’s training and recruiting programs and serves on the firm’s Summer Associate Committee.

Credentials

Education

  • J.D., University of Southern California Gould School of Law, 2008
  • B.A., Duke University, 2003

Admissions

  • California
  • New York
  • District of Columbia

Tracey L. Chenoweth