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Chiron Real Estate Establishes Up to $150 Million Uncommitted Senior Note Facility with New York Life

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Vinson & Elkins advised Chiron Real Estate LP, as issuer, and Chiron Real Estate Inc., as guarantor, in connection with a Master Note and Guaranty Agreement with NYL Investors LLC and certain affiliates. The agreement establishes an uncommitted senior note facility under which the operating partnership may issue senior unsecured promissory notes in one or more series to the purchasers in an aggregate outstanding principal amount of up to $150 million, subject to customary conditions and the purchasers’ discretion. The notes may have maturities of up to 10 years and will rank pari passu with the operating partnership’s other senior unsecured indebtedness.

The Vinson & Elkins team was led by Partner Brett Santoli and Associates Cam Viney and Mike Dampf.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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