NEW YORK, April 26, 2021 / PRNewswire / – Winston & Strawn LLP is pleased to announce the addition of Rachel Gray as a partner in the firm’s New York office and as a member of the Leveraged Finance team where she will play a key role in expanding the practice of designating lenders in both the mid- and large-cap markets.
Rachel is an experienced attorney with an understanding of both the borrower and lender side of complex leveraged finance transactions. Rachel represents leading private equity sponsors and their portfolio companies in a wide variety of transactions, including leveraged buyouts, take-private deals, dividend recapitalisations, extrajudicial restructuring and refinancing.
“The leveraged loan market is rock solid with plenty of capital to invest in an expected boon to mergers and acquisitions in the coming years,” said Rachel. “I look forward to working with my new colleagues adding depth and strength to the expansion of an already well-recognized financial practice.”
Rachel was most recently a partner in the New York office of Kirkland & Ellis LLP, and follows several recent additions to Winston, including leveraged finance partner Andy Hutchinson in Chicago, intellectual property transactions partner Stephen Kong in Los Angeles, and M&A partner Kathleen Blaszak in Washington, DC
“Rachel has a well-deserved reputation as an effective commercial attorney and has strong links with a number of private equity sponsors backed by Winston’s investment banking and loan investors,” said Mats Carlston and Michael Mullins, co-chairs of Winston & Strawn’s Financing Practice . “We are delighted to have her on board as we continue to expand our lender designation practice and improve our overall financing practice.”
“Rachel comes to our team with a wealth of experience and insight into the leveraged financial industry,” said Jonathan Birenbaum, managing partner of Winston’s New York office. “It adds significant depth to our financing practice and will be invaluable as we continue to diversify our offering and expand our client base, both on the lender and borrower side of leveraged finance.”
Rachel’s recent financial work includes: a $ 2 billion private LBO from a technology company by a leading private equity firm in the technology sector; a $ 1.7 billion take-private transaction from an imaging company; acquiring a majority stake in an insurance company; the acquisition of a $ 600 million dollar regional restaurant chain; and the acquisition of a Canadian software company.
“Rachel’s background and expertise will help our clients take advantage of emerging opportunities in the leveraged finance market as deal activity continues to increase,” said Winston Chairman Tom Fitzgerald.
Winston & Strawn LLP is an international law firm with 15 offices across North America, Asia and Europe. More information about the company is available at www.winston.com
SOURCE Winston & Strawn LLP