Peter Nelson
PEOPLE

Peter Nelson

Partner
nelson.peter@dorsey.com

Overview

PETER HELPS CLIENTS NAVIGATE COMPLEX COMMERCIAL FINANCING ARRANGEMENTS AND ENERGY TRANSACTIONS.

Peter regularly represents agents, lenders, borrowers, developers and private equity groups in all aspects of leveraged financings, agricultural and cooperative lending, project financings, syndicated loan transactions, mezzanine financings, structured financings, oil and gas transactions, and other related loan and project transactions.

He also advises financial institutions in workouts and refinancings of project finance loans, leveraged loans and secured credit facilities.

Peter is the co-chair of the Banking Industry Group.

Education & Admissions

University of Houston Law Center (J.D., 2002), magna cum laude
Chief Notes and Comments Editor, Houston Law Review, 2002
Order of the Coif; Order of the Barons; Dean’s Scholarship

Carleton College (B.A., 1995)

Admissions

  • Minnesota
  • Texas

Experience

Representative Transactions

Leverage Lending Transactions

  • Represented agent bank in connection with a $67 million syndicated senior secured credit facility to finance the acquisition by a private equity group of an international designer, manufacturer, and distributor of components and fabrics for custom alternative window coverings.
  • Represented agent bank in connection with a $55 million syndicated senior secured credit facility to finance the acquisition by a private equity group of an international designer and manufacturer of specialty occasion dresses.
  • Represented agent bank in connection with a $75 million syndicated senior secured credit facility to finance the acquisition by a private equity group of an international designer and manufacturer of branded tableware products used by commercial hospitality and institutional foodservice providers.

Commercial Lending Transactions

  • Counsel to borrower in connection with a $100 million syndicated secured working capital revolver for a publicly traded airline secured by jet fuel inventory.
  • Counsel to borrower in connection with a $1.5 billion borrowing base revolver and the related acquisition of oil and gas properties in North Dakota and Montana for a publicly traded exploration and production company.
  • Counsel to agent bank in connection with a $500 million syndicated secured working capital revolver and term loan facility for a publicly traded transportation and logistics company secured by all assets of the borrower and its subsidiaries.
  • Counsel to borrower in connection with a $725 million secured working capital revolver and term loan for a cooperative secured by all assets of the borrower and its subsidiaries.
  • Counsel to agent bank in connection with a $350 million senior secured working capital revolver for a publicly held company with interests in over 20 coal, hydroelectric, wind and natural gas electric generation facilities and the structuring and restructuring of intercreditor arrangements with holders of publicly issued notes and holders of income participating securities issued on the Toronto Stock Exchange.
  • Counsel to borrower in connection with a $110 million secured working capital revolver and term loan for an agricultural cooperative secured by all assets of the borrower and its subsidiaries.

Project Financings

  • Counsel to a major integrated oil and gas company as a lender, customer and project participant in all aspects of an approximately $680 million construction loan and term finance credit facility for the development of a liquefied natural gas regasification facility in Texas and the intercreditor arrangements related to an additional $350 million of second lien debt from the private placement of notes issued by the project company.

Mezzanine Loan Transactions

  • Counsel to acquisition company and borrower in all aspects of a secured $32 million first lien term loan and $15 million subordinated securities purchase agreement, related intercreditor agreements and mezzanine equity documents for the acquisition of a manufacturing company and related working capital purposes.
  • Counsel to agent bank in connection with a secured $36 million mezzanine term loan and equity investment for the acquisition of coal assets in Tennessee and Kentucky.

Workouts and Refinancings

  • Counsel to lender in connection with all aspects of the restructuring and refinancing of a portfolio of secured term and revolving credit facilities to large dairy borrowers.
  • Counsel to agent bank in connection with the restructuring and refinancing of a project finance construction facility for the construction, development and operation of a natural gas fired co-generation power plant in Texas and subsequent sale of the debt interests and transfer of the agency role.

Industries & Practices

Bankruptcy & Financial Restructuring
  • Banking
  • Bankruptcy & Financial Restructuring
  • Energy
  • Financial Services Regulatory
  • Food & Agribusiness
  • Lending Transactions
  • Mergers & Acquisitions
  • Mining & Natural Resources
  • Private Equity
  • Project Development & Finance

Professional & Civic

Professional Achievements

  • President of the Board of Directors of Coffee House Press

Accolades

  • Named a “Rising Star” by Texas Monthly Magazine (2006, 2007 and 2008)
  • Listed in Best Lawyer in America©, 2017
Peter Nelson