Biography

Andreas Andromalos practices in the Firm’s Corporate and Finance Groups and in its Bankruptcy & Corporate Restructuring Group. Since joining the Firm, he has structured and documented a significant number of large syndicated financings, club financings and other types of financings for a number of hedge funds and institutional lenders, including a variety of leveraged loans, delayed draw term loans, split collateral financings, bond financings, and debtor in possession financings across a wide array of industries. He has also represented a number of corporate clients, ranging from S&P 500 companies to start-up companies, with respect to a variety of financing transactions. 

Additionally, Andreas has routinely advised fund clients with respect to exchange offers, claims analysis related to bond and loan documents, and a variety of restructuring related matters. 

Awards

Representation

Financings/Exchanges

Represented Hologic, Inc. in connection with $200 million receivables securitization.

Represented Hologic, Inc. in connection with its $3.0 billion senior secured credit facility and $1 billion high yield bond issuance.

Represented Hologic, Inc. with respect to its $950 million bond issuance (2020).

Represented hedge fund client in connection with its $90 million priority term loan to Remington Outdoors.

Represented hedge fund client in connection with its $50 million FILO ABL loan to Hornbeck Offshore.

Represented hedge fund client in connection with several senior secured credit facilities to SAExploration.

Represented consortium of hedge funds in connection with $60 million of convertible note issued by SAExploration.

Represented first lien lenders in connection with $600 million senior secured exit credit facility to Millennium Health, LLC.

Represented first lien lenders in connection with $175 million senior secured credit facility to Par Pacific Holdings, Inc.

Represented Hologic, Inc. in connection with its $2.8 billion senior secured credit facility and $1 billion high yield bond issuance related to its acquisition of Gen-Probe Incorporated.

Represented a collateral agent in connection with collateralizing over $7 billion of repurchase and hedging obligations arising in connection with various issuances of mortgage-backed securities.

Represented a hedge fund in connection with the provision of over $90 million of debtor in possession financing to a multinational supplier of after-market automobile parts.

Represented an institutional asset-based lender in connection with structuring and documenting $250 million of loans to a large wholesaler of lumber and building supplies.

Represented an ad hoc group of first lien noteholders in connection with challenging an exchange offer and thereafter successfully settling the group’s claims against the issuer. The settlement included the exchange of approximately $80 million of senior secured notes for approximately $87 million of senior secured notes and the reinstatement of virtually all of the covenants that were stripped from the existing Indenture pursuant to a previously executed supplement.

Represented an ad hoc group of first lien noteholders in connection with the exchange of approximately $220 million of senior secured notes for approximately $240 million of senior secured notes issued by a multinational provider of internet services.

Restructurings/Bankruptcy Transactions

Represented priority term loan lenders in connection with bankruptcy of Remington Outdoors.

Represented FILO ABL lenders in connection with bankruptcy of Hornbeck Offshore.

Lead finance counsel to the Ad Hoc Group of Term Lenders in connection with the restructuring and bankruptcy filing of Pier 1 Imports.

Lead finance counsel to the Ad Hoc Group of Term Lenders in connection with the restructuring and bankruptcy filing of The Sports Authority, Inc.

Represented dip lenders to Geokinetics, Inc.

Represented a hedge fund in connection with its bid to provide over $1 billion of debtor-in-possession financing to Lightsquared, Inc.

Represented a consortium of hedge funds in connection with structuring and documenting a $57.5 million debtor-in-possession credit facility for a conglomerate of energy exploration and drilling companies.

Represented an ad hoc group of second lien lenders in connection with the restructuring of $175 million of second lien loans and the subsequent sale of the borrower and its affiliates to a competing manufacturer of consumer products pursuant to a 363 sale.

Represented a collateral agent and the steering committee of lenders in connection with restructuring $285 million of senior real estate loans made to an established casino and gaming operator.

Represented an ad hoc group of hedge funds in connection with restructuring $240 million of distressed debt issued by a manufacturer of automobile emissions testing devices.

Represented an ad hoc group of hedge funds in connection with the credit bid of a portion of their $130 million of term loans to purchase substantially all of the borrowers’ assets pursuant to a 363 sale.

Represented an ad hoc committee of noteholders in connection with restructuring $215 million of bonds issued by a multinational aircraft leasing company.

Represented indenture trustee and collateral agent with respect to $100 million of bonds issued by a large healthcare company emerging from bankruptcy.

Represented institutional asset-based lender in connection with restructuring $88 million of loans to a multinational manufacturer of automobile parts.

Education

Boston University – J.D., cum laude, 2000
University of Rhode Island – B.A., summa cum laude, 1996

Bar Admissions

Massachusetts
U.S. District Court for the District of Massachusetts
Publications
Co-author, “Coercive Exchanges: How Hedge Fund Noteholders Can Salvage Value Under Duress,” The Hedge Fund Law Report (June 6, 2013)
Co-author, “Coercive Exchanges: The Case for Minority Noteholders," Dow Jones Daily Bankruptcy Review (May 22, 2013)
Professional Affiliations
Member, Turnaround Management Association
Member, Board of Directors, Brown Rudnick Charitable Foundation
Awards and Honors
Recognized by Super Lawyers as a Rising Star (2013)
Firm Activities
Member of the Hiring Committee
Member of the Investment Committee