J. Bradley Boericke
J. Bradley Boericke is a partner of Pepper Hamilton LLP and a member of the Financial Services Practice Group in the Commercial Department, working from London and Philadelphia. He focuses his practice on complex financing transactions, including leveraged acquisition financing, securitization and other structured financing, and restructurings and DIP financing.
Examples of debt financing transactions on which Mr. Boericke has worked include the representation of:
- BHM Technologies in connection with its bankruptcy exit financing comprised of a $35 million revolving credit facility secured by a first lien on accounts and inventory and second lien on other assets, and $92.5 million second lien term loan secured by a second lien on accounts and inventory and first lien on other assets
- a private equity sponsor in connection with the acquisition financing for a niche card processing unit of a major U.S. bank, and subsequent representation of the private equity sponsor and portfolio company in replacement financing comprised principally of an accounts receivable securitization facility
- Advent International, Inc. on financing of leveraged acquisition of Boart Longyear division from AngloAmerican, including assets in Australia, South Africa, Germany, Netherlands, Canada, United Kingdom, Republic of Ireland and the United States
- an Irish investor group in connection with financing for its controlling investment in the St. Regis Hotel, Washington, D.C.
- a major U.S. bank in connection with a $2.5 billion bespoke structured liquidity repurchase facility to a Danish bank
- Wachovia Bank, National Association in connection with $500 million liquidity line of credit to Key Capital
- Wachovia Bank, National Association in connection with various bi-lateral term loans to financial institutions in Korea
- Unisys Corporation in $150 million off-balance sheet accounts receivable financing with General Electric Capital
- public REIT in connection with $2 billion conduit warehouse financing of mortgage loans based on reverse repurchase agreement and market value swaps.
His practice also includes other corporate and transactional matters, including equity capital markets and general corporate matters, such as:
- advising issuer on U.S. securities law aspects of issuance of AIM-admitted ordinary shares with private placement in the United States
- advising NOMAD on U.S. securities law issues in connection with secondary offering of ordinary shares for an AIM company
- advising a growing London-based investment banking firm in connection with revisions to its ownership and management structure.
Mr. Boericke’s publications include:
- “What to Expect When You’re Buying Back Debt” (co-author), PEI Manager (February, 2009)
- “Private Equity Investment in U.S. Financial Institutions” (co-author), Bank Accounting & Finance (January, 2009)
- “Legal Considerations When Buying Debt” (co-author), PEI Manager (January, 2009)
- “Federal Reserve Eases Restrictions on Investments By Private Equity Companies” (co-author), Pepper Hamilton LLP Financial Services Special Alert (September, 2008)
- “Distressed Debt Transactions: ‘Soup to Nuts’” (co-author), Pepper Hamilton LLP Corporate and Securities Law Update (August, 2008)
- “Investment In Financial Institutions” (co-author), The North American Brief, mergermarket.com (August, 2008)
- “Proposed Amendment to Rule 15a-6 Relating to Exemption of Certain Foreign Brokers or Dealers” (co-author), Pepper Hamilton LLP Securities Law Update (August, 2008).
Mr. Boericke joined the firm in 1990. From 2000 to 2003, he was an adjunct professor at Villanova Law School, teaching a class on “Regulation of Financial Institutions.”
B.A. 1986 Cornell University
J.D. 1990, cum laude, University of Pennsylvania Law School; Order of the Coif; Editor, University of Pennsylvania Law Review
Admitted to practice in Pennsylvania and New York