Dhanani Group Closes on $500 Million Secured Financing
Vinson & Elkins advised Dhanani Group Inc., the second largest quick-service restaurant franchisee group in the United States, in connection with a new financing totaling $500 million.
Monarch Alternative Capital LP, a leading private credit firm with approximately $9.5 billion of assets under management, and its partners led the five-year secured bank loan facility to provide Dhanani Group with long term capital to support the financial strength of the existing business and aid in the future growth of the company.
The V&E team was led by partners David Meyer, Jessica Peet, and David Wicklund and senior associates Alex Cross and Yong Eoh, with assistance from counsel Noelle Alix, senior associate Matt Pyeatt and associates Zack Paiva, Arthur Munoz, Tania Pinon Venegas, Adia Coley, and Lucian Wang. Also advising and assisting were partners Lande Spottswood, Jason McIntosh, Lina Dimachkieh, and James Meyer, senior associate Allyson Seger, associates Luke Strieber, Jeff Slusher, and Christina McLeod, paralegals Shannon Bertino and Elizabeth Neuman and project assistant Annette Debose.
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