PRACTICE AREAS


Lucas T. Charleston is a member of Stroock's Corporate Department practicing in the Commercial Finance Group and the Financial Restructuring Group. Mr. Charleston has represented leading banking firms, hedge funds, alternative capital providers, private equity funds and companies in complex financing transactions, including leveraged buyouts, restructurings, rescue financings and other special situation transactions. He has significant experience with a wide array of transaction structures, including both syndicated and bilateral loans, high yield bonds, club deals, debtor-in-possession and exit financings, first lien/second lien structures, split collateral structures and unitranche financings. Mr. Charleston’s experience extends across a variety of industries, including energy, gaming, retail, media, telecommunications, pharmaceuticals, manufacturing, technology, security and healthcare.

REPRESENTATIVE MATTERS

Some of Mr. Charleston’s representative restructurings and ad hoc group representations include the following:
 
  • Allied Nevada Gold Corp., n/k/a Hycroft Mining Corp. (ad hoc committee of noteholders and DIP lenders)
  • Caesars Entertainment Operating Company (ad hoc committee of first lien lenders)
  • Constellis Holdings (ad hoc group of noteholders)
  • Curo Financial Technologies (ad hoc group of noteholders)
  • Endo International (ad hoc group of noteholders)
  • Foresight Energy LLC (ad hoc group of noteholders)
  • Garden Fresh (secured lenders)
  • Haggen Food & Pharmacy (debtors)
  • LightSquared, Inc., n/k/a Ligado Networks LLC (secured lender)
  • NANA Development Corp. (ad hoc group of noteholders)
  • New Gulf Resources (ad hoc committee of noteholders and DIP lenders)
  • RBS/Innovairre (senior secured lender)
  • SFX Entertainment Inc. (ad hoc committee of noteholders and DIP lenders)
  • 21st Century Oncology Inc. (ad hoc group of term loan lenders and noteholders)
Some of Mr. Charleston's representative lending transactions include the following:
 
  • Represented the lenders in a $20 million delayed draw term loan facility for Medical Developers LLC, a subsidiary of 21st Century Oncology Inc.
  • Represented Neff Rental in a $475 million senior secured asset-based revolving credit facility
  • Represented the lenders in a $88 million senior secured superpriority debtor-in-possession credit facility for SFX Entertainment
  • Represented the lenders in a $75 million senior secured superpriority debtor-in-possession credit facility for New Gulf Resources
  • Represented Haggen Food & Pharmacy in a $215 million senior secured superpriority debtor-in-possession asset-based credit facility
  • Represented The Carlyle Group in a $550 million senior secured term loan and revolving credit facilities to finance the acquisition of a majority stake in Southeast PowerGen LLC
  • Represented Neff Rental in a $575 million senior secured term loan facility 
  • Represented the lead arrangers in a $450 million senior secured term loan, delayed draw term loan and revolving credit facility to finance Partners Group's acquisition of Universal Services of America
  • Represented the lead arrangers in a $345 million senior secured term loan and revolving credit facility to finance Ontario Municipal Employees Retirement System's acquisition of Caliber Collision Services
  • Represented the lead arranger in a $350 million senior secured term loan facility for Stallion Oilfield Holdings Inc.
  • Represented the lead arranger in a $245 million senior secured asset-based revolving credit facility and a $45 million first-in, last-out facility for Baker & Taylor, Inc.
  • Represented the lead arranger in a $232 million senior secured term loan and revolving credit facility to finance The Carlyle Group’s acquisition of Service King Paint & Body
  • Represented the lead arranger in a $235 million senior secured term loan and revolving credit facility to finance The Carlyle Group’s acquisition of WorldStrides Holdings
  • Represented the lead arranger in a $175 million senior secured term loan and revolving credit facility for RegionalCare Hospital Partners
  • Represented the lead arranger in a $2.3 billion senior secured term loan and revolving credit facility to finance the acquisition of Tomkins plc by Onex Corporation and the Canadian Pension Plan Investment Board
  • Represented the lead arrangers in a $720 million senior secured term loan and revolving credit facility to finance Cerberus Capital Management's acquisition of DynCorp International
  • Represented the lead arranger in a $60 million senior secured term loan and revolving credit facility for LHP Hospital Group
Some of Mr. Charleston’s representative capital markets transactions include the following:
 
  • Represented PBF Holding Company in a $500 million offering of senior secured notes
  • Represented the investors in a $95 million private placement of senior secured convertible notes by Allied Nevada Gold Corp., n/k/a Hycroft Mining Corp.
  • Represented PBF Logistics in a $350 million offering of senior notes
  • Represented an investor in a $365 million private placement of senior secured notes and $135 million private placement of subordinated PIK toggle notes by New Gulf Resources
  • Represented the investors in a $115 million private placement of senior secured notes by MediaNews Group
  • Represented the initial purchasers in a $200 million senior notes offering by WCI Communities
  • Represented the initial purchasers in a $127 million senior secured notes offering by Saratoga Resources
  • Represented the initial purchasers in a $115 million senior secured notes offering by Santa Cruz Nutritionals
  • Represented the underwriters in the $1.9 billion initial public offering by The Nielsen Company (named International Financial Law Review’s Equity Deal of the Year)
  • Represented the initial purchasers in a $300 million senior subordinated notes offering by Interline Brands
  • Represented the initial purchasers in $2 billion of senior notes offerings by The Nielsen Company
  • Represented the initial purchasers in $715 million of senior notes offerings by Jabil Circuit
  • Represented the initial purchasers in a $375 million senior notes offering by Clearwater Paper to finance the acquisition of Cellu Tissue Holdings
  • Represented the initial purchasers in a $1.0 billion senior notes offering by Sears
  • Represented the initial purchasers in a $1.0 billion senior notes offering by Intelsat
  • Represented the initial purchasers in $1.9 billion of senior notes offerings by Charter Communications
  • Represented the initial purchasers in a $600 million senior notes offering by Celanese
  • Represented the initial purchasers in a $600 million senior notes offering by SPX Corporation
  • Represented the initial purchasers in a $230 million senior notes offering by KEMET Corporation
  • Represented the initial purchasers in a $500 million senior notes offering by Amsted Industries
  • Represented the underwriters in a $2.4 billion senior notes offering by Comcast
  • Represented the initial purchasers in a $800 million senior notes offering by Qwest Communications
  • Represented the initial purchasers in a $525 million senior notes offering by Quintiles
  • Represented the underwriters in $2.8 billion of senior notes offerings by Xerox Corporation
  • Represented the initial purchasers in a $400 million senior notes offering and a $225 million subordinated notes offering by Universal Orlando
  • Represented the initial purchasers in a $328 million senior secured notes offering by Headwaters
  • Represented the underwriters in $650 million of senior notes offerings by Toll Brothers
  • Represented the initial purchasers in a $325 million senior secured notes offering by Penn National Gaming
  • Represented the underwriters in a $300 million senior notes offering by Tesoro Corporation
  • Represented the initial purchasers in a $650 million senior secured notes offering and a $850 million senior secured notes offering by MGM Mirage
  • Represented the underwriters in a $1.0 billion secondary offering of common stock by MGM Mirage
Some of Mr. Charleston's representative liability management transactions include representing the dealer managers and/or solicitation agents in connection with tender offers and/or consent solicitations by PharmaNet, Clearwater Paper, Interline Brands, International Speedway Corp., Intelsat, Qwest Communications, KEMET Corporation, Headwaters, Penn National Gaming, Jabil Circuit and Duane Reade.

HONORS & AWARDS

Mr. Charleston has been named as a Super Lawyers "Rising Star" for 2015 and 2016. He was also selected as a "Rising Star" by IFLR1000 for 2015.


ADMITTED TO PRACTICE

New York


EDUCATION

J.D., magna cum laude, New York Law School, 2008

B.A., magna cum laude, Monmouth University, 2005