Penfund Capital Fund IV Limited Partnership

Penfund Management Limited in connection with the partial leveraged buyout of Mavis Discount Tire by ONCAP

Client

Penfund Capital Fund IV Limited Partnership

Value

-

Service

Corporate Lending

Date Closed

October 2014

Lead Office

New York


 

Osler acted as counsel to Penfund Capital Fund IV Limited Partnership ("Penfund") as sole 2nd lien lender and an equity investor in connection with the partial leveraged buyout of Mavis Discount Tire by ONCAP and on the amendment and restatement of its 2nd lien credit facilities in connection with the upsizing of Mavis’s 1st lien credit facilities to finance the bolt-on acquisition of Somerset Tire Service, Inc.

Osler represented Penfund with a team consisting of Andrew Herr and Nathan Whitaker (Financial Services).


Team
Andrew G.  Herr
Key Contact

Andrew G. Herr

Partner, Financial Services

Kevin Colan

Kevin Colan

Counsel, Taxation