Andrew A. Kling

Partner

Drew’s practice focuses on leverage and acquisition finance.

Andrew Kling Portrait

Drew regularly represents financial institutions in connection with:

  • Direct lending
  • Senior secured and unsecured financings
  • Mezzanine, equity and alternative investment transactions
  • Structured finance
  • Debt restructurings (including debt for equity exchanges and takeovers)
  • Workouts

Previous Experience

From 1978 to 1981, Drew served as a legislative aide to U.S. Congressman Willis D. Gradison (Ohio) in Washington and had responsibility for legislation before the Ways and Means Committee.

Client Work

Representative transactions for which Andrew has acted as lead partner for the firm include:

  • $500 million senior debt facility (food industry)
  • $200 million second lien debt facility (plus an incremental facility including $55 million “free-and-clear”) with a $12 million equity co-investment (service industry)
  • $168 million opco/holdco facilities and co-investment consisting of a $64 million opco senior subordinated notes facility with a $64 million opco notes delayed draw tranche and an $8 million holdco notes facility with a $32 million holdco notes delayed draw tranche (engineering industry)
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Boards, Memberships & Certifications

  • American Bar Association, Banking and Business Law Section
  • American College of Investment Counsel, Former Trustee
  • Chicago Bar Association, Commercial Finance and Transactions Committee, Former Chair

Publications, Presentations & Recognitions

Presentations

  • “Private Equity Investments and Other Issues in Co-Investment,” American College of Investment Counsel Spring Forum (Spring 2017)
  • “Subordination Terms and How to Improve Your Odds,” American College of Investment Counsel Spring Forum (Spring 2013)
  • “Alternative Investments,” American College of Investment Counsel Annual Conference (Fall 2012)
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Recognitions

  • Illinois Super Lawyers, Thomson Reuters (2006, 2008-2009, 2011-2021)
  • Illinois Leading Lawyer, Law Bulletin’s Illinois Leading Lawyers Network (2007-2021)
  • Industries
  • Bar & Court Admissions
    • Illinois Bar
    • US District Court, Northern District of Illinois
  • Education
    University of Virginia School of Law, JD, Virginia Tax Review, Managing Board, 1984
    University of Wisconsin-Madison, BA (Econ), with distinction, 1978