Overview
Kelsey Butler is a transactional lawyer whose practice focuses on corporate finance. She represents banks, business development companies, small business investment companies and other private funds in a variety of financing transactions, including leverage buyouts and acquisition financings, working capital financings, strategic or growth financings, recapitalizations and loan workouts, and restructurings. Kelsey’s experience includes a broad variety of capitalization structures, including investment-grade debt financings, senior secured credit facilities, unitranche credit facilities, second lien and mezzanine debt investments, and minority equity investments.
Experience
- Represented left lead arranger and administrative agent in connection with the $1.3 billion master revolving credit facility for public company and its regulated subsidiaries in the energy sector.
- Represented left lead arranger and administrative agent in connection with $1 billion revolving credit facility and $170 million term loan credit facility for public life insurance company.
- Represented left lead arranger in connection with $400 million delayed draw term loan credit facility for public company in the energy sector.
- Represented joint lead arrangers in connection with $400 million bridge financing in support of acquisition by publicly traded company in the industrials sector, together with related takeout financing consisting of delayed draw term loan facility and revolving credit facility increase.
- Represented publicly traded business development company as lead arranger in connection with underwritten unitranche (first out-last out) secured credit facilities in support of sponsor-backed acquisition of nationwide thrift store retailer, including related agreement among lenders (AAL) arrangement, subsequent add-on acquisition and capitalization activity with a minority equity co-investment.
- Represented publicly traded business development company and its SBIC funds and related private funds in connection with unitranche (first out-last out) secured credit facilities in support of sponsor-backed acquisition of waste disposal equipment manufacturer, including related AAL arrangement and minority equity co-investment.
- Represented small business investment company in connection with senior secured term loans and equity co-investments in support of sponsor-backed acquisition of large network of medical spas.
- Represented small business investment company in connection with second lien financing of a sponsor-backed acquisition of leading provider of end-to-end fire and life safety and security solutions, including related intercreditor arrangements.
- Represented various borrowers in connection with working capital and growth-enabling credit facilities, including asset-based (ABL) revolving credit facilities.
Accolades
Honors & Recognitions
- The Best Lawyers in America, One to Watch, banking and finance, corporate, mergers and acquisitions, 2022-27
- North Carolina Super Lawyers, Rising Star, securities and corporate finance, 2024-25
- Business North Carolina, Legal Elite, Young Guns, 2021
Affiliations
Professional Affiliations
- Charlotte Chamber of Commerce, Emerging Business Leaders, Class 6
News & Events
News
Education
University of North Carolina at Chapel Hill, J.D., high honors, 2015, Order of the Coif; Comments Editor, North Carolina Law Review, 2014-15
University of South Carolina, B.A., magna cum laude, 2012, Honors College
Bar Admissions
- North Carolina
