
Collin Z McVicker
Associate
Collin focuses his practice on bitcoin-based loans (BBLs) and crypto finance, advises public and private companies operating in the finance and technology industries on M&A, commercial transactions and pricing and market terms and leads some of the largest, most complex BBLs and crypto loans in the world.
Key Matters
Some of the experience represented below may have been handled at a previous firm.
Crypto
- Monet Bank, a FDIC-insured U.S. bank based in Plano, Texas, in structuring its bitcoin-based loan program for
loans ranging from $50 million to $500 million - Leading international blockchain company in:
- A multi-billion dollar debt financing secured by bitcoin, other digital assets and foreign stock holdings
- A billion dollar debt revolving financing to a global crypto platform secured by bitcoin and other digital
currency - A multi-million dollar debt financing to a Singapore based borrower secured by pledges over foreign shares,
bitcoin and other digital currency - A debt financing to a bitcoin mining venture with sites in Australia, Ethiopia, Norway, Paraguay and the United
States with over 350 MWs of capacity and 11 hosting entities - A debt financing to a Hong Kong based borrower specializing in crypto trading and market-making
- A debt financing to a London-based family office and asset management business
- Alternative lender in structuring its real estate crypto custody loan program for real estate loans ranging from $3
million to $300 million with bitcoin being used additional collateral to enhance LTV ratios - Alternative auto lender in structuring its exotic car crypto custody loan program for auto loans ranging from $250
thousand to $2 million with bitcoin being used additional collateral to enhance LTV ratios - Hawthorne Street Capital, L.P., in organizing and launching its digital asset investment fund and in forming the
bitcoin-based HSC Bitcoin Holdings fund, including establishing digital asset custody arrangements for its Bitcoin
holdings - A US public company in debt revolving financing from a leading global crypto platform secured by Ethereum
- South American bank in a financing to a financial services platform that serves cross-border businesses in
emerging economies using blockchain technologies, backed by digital assets - Bitcoin mining company in negotiating an increase in its power allocation to 600MW capacity at its bitcoin mining
site in Texas - Bitcoin mining company in negotiating hosting and long-term lease agreements across several sites and locations
in the United States - Digital asset company in connection with a 210 million Hedera delayed draw term loan facility
- Non-profit bitcoin foundation headquartered in Texas co-authoring a White Paper on bitcoin custody in the state
of Texas - Digital asset company in connection with its initial coin offering taking bitcoin as collateral to secure investors’
payment of cryptographic security tokens
Commercial Bank Financings
- Multinational investment bank in a $1.05 billion cross-border, secured asset-based revolving credit facility to MRC Global, Inc. and its subsidiaries, an international distributor of pipe valves and fittings
- Multinational investment bank in a $250 million secured asset-based revolving credit facility to Basic Energy Services
- Multinational investment bank's renewable energy sector in the development and tax equity financing of a 100 MW solar photovoltaic (PV) and 50 MW storage project in San Bernardino, California
- Multinational investment bank in a $2.1 billion syndicated, asset-based revolving credit facility to a contract compression services provider
- Multinational investment bank, as administrative agent, DIP and exit facility lender in the chapter 11 bankruptcy reorganization sale of Tuesday Morning Corporation, a national retail chain
- Multinational financial services company in a $2 billion secured reserved-based revolving credit facility to Laredo Petroleum, Inc.
- Multinational financial services company in a $1.5 billion secured reserved-based revolving credit facility to a private operator in the Haynesville Shale
- Multinational financial services company in a $1 billion secured reserved-based revolving credit facility to a private operator in the Permian Basin
- Multinational financial services company in a $500 million secured reserved-based revolving credit facility to an owner of royalty and mineral interests in the Wattenberg Gas Field in Colorado’s DJ Basin
- Multinational financial services company in a $300 million secured reserved-based revolving credit facility to a private operator in the Bakken Formation in the Williston Basin of Montana and North Dakota
- Multinational financial services company in a $170 million revolving credit facility provided to a midstream oil and gas company and its subsidiaries
- Multinational financial services company in a $145 million secured revolving credit facility and $15 million term loan credit facility to a midstream crude oil and natural gas services business
- Multinational financial services company in a $120 million syndicated lender group in the chapter 11 bankruptcy case of Emerald Oil, Inc., et al. filed in Delaware Bankruptcy Court
- Multinational financial services company in a $50 million revolving credit facility provided to a midstream gas company and its subsidiaries
- Multinational financial services company's energy sector in a $300 million second lien term loan facility to an oil and gas exploration and production company
- National investment bank in connection with a $15 million revolving credit facility to a manufacturer of archery equipment.
- Multinational bank in connection with a $170 million revolving credit facility to a supplier of cranes.
- Multinational bank in connection with a $30 million revolving credit facility to an asset management firm.
Borrower Representations
- Venture capital-backed parking logistics company in various acquisitions, a revolving credit facility and a second-lien multi-draw term loan credit facility
- Venture capital-backed last mile eCommerce company in an asset-based revolving credit facility
- Venture capital-backed minerals discovery company in a revolving credit facility and second lien multi-draw term loan credit facility
- Privately held oil and gas exploration and production company in a $500 million secured reserved-based revolving credit facility
- Publicly traded oil ang as exploration company in a $152 million second lien notes offering and $54 million third lien notes offering
- Nine Energy Services, Inc. in a $175 million secured term loan and revolving credit facility in connection with its initial public offering
- Public technology company in connection with $108 million revolving, $90 million second lien term and $20 million third lien term credit facilities and additional $24 million of equity financing
- Portfolio company of private equity fund in connection with $1.133 billion term loan and $20 million revolving credit facilities to purchase more than 125 car wash sites across 7 states
- Public cannabis company in connection with a $350 million term credit facility and up to $270 million of additional debt financing, comprised of $120 million of real-estate secured indebtedness, a $100 million accordion and a $50 million revolving credit facility to purchase more than 150 cannabis dispensaries across 15 states
- Portfolio company of a private equity firm in connection with a $135 million term loan, $27.5 million delayed draw term loan and $15 million first lien revolving credit facility and a $25 million term loan second lien term loan to purchase more than 50 car wash sites across Texas
- Portfolio company of a private equity firm in connection with a $143 million term loan, $10 million first lien revolving, and $150 million second lien term credit facilities to purchase more than 135 car wash sites across five states
- Portfolio company of a private equity firm in connection with $122.5 million term, $150 million delayed draw term and $20 million revolving credit facilities to purchase more than 70 car wash sites across Ohio and Virginia
- Portfolio company of a private equity firm in connection with $25 million term, $5 million revolving and $7 million second lien credit facilities to purchase modern furniture and décor stores
- Portfolio company of a private equity firm in connection with $100 million revolving and $35 million term credit facilities to acquire providers of fire and security protections
- Portfolio company of a private equity firm in connection with a $29 million term credit facility for general corporate purposes
- Portfolio company of a private equity firm in connection with $5.5 million term credit facility to purchase airplanes
- Portfolio company of a private equity firm in connection with $5.3 million term credit facility to purchase real estate
- Private equity fund in connection with $135 million term credit facility and $250 million equity commitment from an alternative capital provider
- Public company in connection with $30 million revolving and $165 million term credit facilities
Private Credit & Alternative Capital
- Special situations investor and its co-investors in a $247.5 million secured term loan credit facility provided to a grid-scale solar generation project development and construction business
- Special situations investor in a $93 million revolver and multi-draw term loan facility provided to a series of marine retail dealerships
- Bluescape Energy Recapitalization and Restructuring Fund III and its parallel funds in a $100 million subscription line facility
- Private debt capital fund in a $40 million subordinated term loan to acquire a pharmaceutical technology business
- Private debt capital fund in a $26 million subordinated term loan to acquire a biotechnology development business