Heidi Spalholz focuses her practice on representing investment banking firms, commercial banks, hedge funds, private equity funds and corporations in a variety of complex financings and credit agreements, with a focus on leveraged financings for acquisitions and recapitalizations.

Representative Experience

Key member of the cross-office, multidisciplinary Pillsbury team advising Sinclair Broadcast Group and its subsidiaries in connection with Sinclair’s acquisition of a regional sports network business from The Walt Disney Company, involving an aggregate of more than $10.0 billion of debt financing. Our LevFin team represented Sinclair’s subsidiaries Diamond Sports Group, LLC and Diamond Sports Finance Company in the largest U.S. high-yield bond deal since 2016, involving a $3.05 billion senior secured piece and a $1.825 billion senior unsecured piece, as well as in a $3.95 billion secured credit facility, comprised of a $3,300 million term loan and a $650 million revolver. We simultaneously represented another Sinclair subsidiary, Sinclair Television Group, Inc., in a new senior secured credit facility consisting of a $700 million incremental term loan and a $650 million revolver, refinancing its previously existing credit facility.

Education

  • J.D., State University of New York, Buffalo, School of Law, 2007

    M.B.A., Finance, Rochester Institute of Technology, 2004

    B.S., International Business, Rochester Institute of Technology, 2003

Admissions

  • New York