Jacob A. Klapholz

Jacob Klapholz advises banks and other financial institutions that provide financing to Borrowers in a range of industries, including retail, hospitality, pharmaceuticals, sports teams and leagues, industrial/chemical, and food. He also counsels clients in connection with acquisition financings, team, league and stadium construction loans for professional sports teams, debt and equity restructurings, first lien and second lien financings, first-in, last-out financings, and debtor-in-possession financings. Known for his practical, collaborative approach, Jacob has significant experience drafting and negotiating credit agreements, intercreditor and subordination agreements, and collateral documentation for both asset-based and cash flow financings.

Representative Engagements

  • Leading international bank, as administrative agent, for a syndicate of lenders, in connection with a $2.5 billion unsecured senior credit facility to a healthcare technology company.
  • Leading international bank, as administrative agent, for a syndicate of lenders, in connection with a $1.6 billion senior secured asset-based credit facility to a leading jewelry retailer.
  • Encina Business Credit, as agent, in connection with a $50 million debtor-in-possession financing to The McClatchy Company, one of the nation’s largest newspaper publishers.
  • PNC Bank, as agent, in connection with a $400 million syndicated credit facility to American Eagle Outfitters, Inc., a publicly-traded clothing and accessories retailer.
  • Bank of America, as agent, for syndicate of banks in connection with “league-wide” revolving credit and term loan credit facilities established by the Office of the Commissioner of Major League Baseball for twenty-eight Major League Baseball Clubs.
  • Citibank, as agent for syndicate of banks and syndicate of insurance companies in connection with the “league-wide” revolving credit and term loan credit facilities established by NHL US Funding, LLC for twenty National Hockey League Clubs.
  • John Hancock in connection with credit facility required to construct basketball arena for the Golden State Warriors.
  • Truist Bank, as agent, in connection with a delayed draw term loan facility financing the renovation of the Climate Pledge Arena, which will be used by the Seattle Kraken, a new NHL expansion franchise.

Education & Credentials

Georgetown University Law Center
JD, 2017
Student Managing Editor, Food and Drug Law Journal
Brown University
AB, 2013, magna cum laude

Admissions

Massachusetts