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Robert L. Harris

Healthcare companies, private equity firms, banks, and other healthcare lenders call upon Rob Harris to help them obtain capital financing, acquire businesses, fund capital improvements and navigate a complex regulatory landscape. Well-versed in assessing risk and identifying barriers to success, Rob provides both borrowers and lenders with creative strategic plans and transactional structures for their complex commercial finance transactions.

Recognized as having a strong, yet balanced negotiation style, Rob is business-minded and strives to eliminate transaction risk when structuring deals. He offers innovative solutions in recapitalizations, public and private debt financing, senior credit facilities, mergers, acquisitions and joint ventures. Specific areas of Rob's focus include:

  • Acquisition and development financing
  • Senior and subordinated credit facilities
  • Double lockbox structures to facilitate healthcare asset-based lending
  • Healthcare cash-flow lending
  • Leveraged recapitalizations

Honors and Recognitions

Chambers USA recognizes Rob for his work in Banking and Finance, and Best Lawyers lists Rob as a leading attorney in the field of Banking and Finance Law.  Additionally, Rob has been rated by American Lawyer as a "Top Rated Lawyer in Health Care."

Experience

BORROWER-SIDE TRANSACTIONS
  • As lead financing counsel, represented a publicly traded behavioral healthcare services provider in negotiating and closing a fully-committed financing package consisting of $580 million Term Loan B financing; $250 million bridge or high-yield bond financing; and $110 million of Term Loan A incremental financing to fund the $1.18 billion acquisition of a closely held substance-abuse treatment provider.
  • Represented consumer products manufacturer in its $150,000,000 senior credit facility, consisting of a $75,000,000 revolver and a $75,000,000 incremental facility, which closed simultaneously with a 144A offering of high yield notes in the amount of $250,000,000
  • Represented a private equity sponsored rural hospital company in connection with senior secured credit facility involving a $395,000,000 first lien and $65,000,000 second lien; first lien was syndicated
  • Represented a healthcare technology company in its $135,000,000 senior credit facility
  • Represented a sponsor-backed ambulatory surgery center company in its $50,000,000 revolving credit facility which involved the refinance and restructuring of existing senior credit facility and bond tranche
  • Represented an investor-owned hospital system in the negotiation and documentation of a $745,000,000 credit facility, including a revolver, term and incremental term components
  • Represented a private equity firm and its portfolio companies in re-negotiating and amending their senior credit facilities during the recent period of market turbulence
  • Represented a privately-held company in a leveraged buyout to finance the purchase of a competing business in the pet product industry; handled the financing of the transaction, which involved establishing a $195,000,000 senior credit facility, including a $45,000,000 revolving credit facility and a $50,000,000 term B facility
  • Represented a finance subsidiary of a publicly-traded manufacturing company in a $60,000,000 project financing of a series of three power generation stations in Brazil
LENDER-SIDE TRANSACTIONS
  • Represented a healthcare finance company in a $73,000,000 senior secured credit facility to a private equity-backed national distributor of generic pharmaceuticals
  • Represented the healthcare finance division of a publicly-traded company in connection with a $47,100,000 syndicated first lien and second lien credit facilities to a behavioral healthcare company in an acquisition financing
  • Represented a healthcare finance company in a $19,600,000 senior secured credit facility to a healthcare technology company backed by a private equity sponsor
  • Represented a healthcare specialty lender in providing $6,000,000 receivables-based exit financing for a California-based hospital exiting bankruptcy
  • Represented healthcare finance division of a publicly-traded company in connection with a $29,000,000 syndicated credit facility with a revolver and three term tranches
  • Represented a healthcare finance company in a $15,000,000 cash flow loan to an urgent care company backed by private equity sponsor
  • Represented the healthcare finance division of a publicly-traded company in connection with a $47,000,000 first lien and second lien credit facilities to a home health company, with a significant private equity component
  • Represented healthcare receivables lender in a $5,000,000 revolving asset-based loan to a medical device and services company, with operations nationwide

Professional

  • Fellow, Nashville Health Care Council, Class of 2014
  • Member, Tennessee, New York and District of Columbia Bar Associations

Prior Affiliations

  • Associate, Skadden, Arps, Slate, Meagher & Flom, LLP, 1993-97

Education

  • J.D., Columbia University, 1993
    • Harlan Fiske Stone Scholar
    • Head Articles Editor - Columbia Journal of Transnational Law
  • B.A., magna cum laude, Dartmouth College, 1990
    • Waterhouse Research Grant
    • E. John Rosenwald Public Affairs Grant

Legal Services

Industries Served

Bar Admissions

  • Tennessee
  • New York
  • District of Columbia

Up Close

Married with three children, Rob especially enjoys international travel.  Recent trips have included visits to France, India, China and Peru.  He also enjoys running and golf.