Press Release 04.01.21
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.
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.
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