Ronald B. Risdon focuses his practice on commercial and corporate finance, including syndicated credit facilities, public and private offerings of debt securities, asset-based lending, and restructurings and bankruptcy. His clients include banks, commercial finance companies, hedge funds and private equity funds. Ron has extensive experience with high-yield bonds and with multi-jurisdictional financing transactions. He also regularly advises clients on the analysis of complex capital structures in connection with distressed investing and restructurings.

Ron often speaks on finance-related topics at industry events, client seminars and continuing legal education programs, including a presentation he recently gave at a distressed investing conference on cases concerning minority bondholders’ use of the Trust Indenture Act to protect their rights in an out-of-court non-consensual restructuring. A member of the American Bar Association and the New York City Bar Association, Ron obtained his A.B., in economics, from The College of William & Mary in 1974, and was awarded a J.D. by the University of Virginia School of Law in 1977.

Representations

Represented a private equity fund with respect to $4.86-billion first and second lien credit facilities to finance the acquisition of a provider of network-enabled services for hospital and ambulatory customers.

Represented a major supermarket company with respect to a $6.3-billion term loan facility, $3.0-billion asset-based revolving credit facility and $1.1-billion senior secured note offering to finance its acquisition of the second largest U.S. supermarket operator.

Represented a private equity client in connection with $500-million first and second lien credit facilities to fund the take-private acquisition of a leading educational solutions and services company.

Represented the noteholders of an advanced glass fibers manufacturer in connection with an exchange offer and extension of a term loan facility. 

Represented a private equity fund with respect to $850-million first and second lien credit facilities to finance the acquisition of enterprise financial management, ambulatory care management and workforce management businesses serving the healthcare industry.

Represented agent lender in an exit term loan facility for a specialty printer.

Represented borrower in connection with the issuance of yen-denominated senior floating rate notes and senior loans secured by shares in a Japanese bank.

Represented a private equity client in connection with $470-million first and second lien credit facilities to fund the acquisition of the U.S. public sector business of an internationally recognized accounting and consulting firm.

Publications

“Second Circuit Reverses District Court in Marblegate, Making It Easier to Restructure Bonds Outside of a Chapter 11 Case,” SRZ AlertJan. 25, 2017 (co-author); republished in The Bankruptcy Strategist, March 2017, New York Law Journal, March 3, 2017 and Daily Business Review, March 14, 2017

Speaking Engagements

“Restructurings After Marblegate and Meehancombs,” SRZ 4th Annual Distressed Investing Conference, New York, November 2015

“Deal Trend: Focus on Retail,” SRZ 2nd Annual Private Equity Fund Conference, New York, June 2014

TMA Fraudulent Conveyance Law: Drafting Considerations and Techniques to Avoid Pitfalls, New York, March 2014

“Financial Market Trends,” SRZ Private Equity: Fund and Deal Terms Conference, New York, October 2013

“Capital Structure Analysis,” SRZ Distressed Investing: Capital Structure Analysis and Debt Trading, New York, May 2009

Memberships

  • American Bar Association
  • New York City Bar Association