Dev Ghose is Counsel in the
Corporate department of Hughes Hubbard and Reed’s New York office. His work
focuses on debt financing, primarily in private credit investing and leveraged
Prior to joining the firm, Dev
was a partner in King & Spalding’s Corporate practice. He has extensive
experience in representing both lenders and borrowers in matters involving private
credit funds, private equity sponsors, private equity portfolio companies,
institutional investors, and public and private issuers, relating to acquisition
financings and highly leveraged financings. Dev has worked with clients across various
industries including hospitality, e-commerce, information technology, midstream
pipelines, distribution and service, and manufacturing and food services.
Co-Author, Business Development Companies, Practical Law (Fall 2022)
Comment, A Proposal To Modernize The Utility Assessment Of Biotechnology Research Tools Using The Federal Trade Commission's Definition, Emory L.J. (Spring 2007)
Co-Author, Quantitative Measurement of Particle Segregation Mechanisms, 159 Powder Tech. J. 1 (2005)
Represented Blackstone in connection with financings provided to numerous private equity sponsors for purposes of leveraged buyout transactions and add-on acquisitions.
Represented Benefit Street Partners in connection with an acquisition financing bid.
Represented KKR Credit Advisors in connection with an ABL facility for a sponsor-backed take private transaction.
Developed model credit agreement provisions utilized by an alternative capital provider in connection with its debut sustainability-linked acquisition financing.
Represented numerous private equity funds in connection with capital call subscription facilities.
Represented investors in connection with acquiring various tranches of secured loans and notes in a collateralized fund obligation transaction.
Represented regional banks in connection with bilateral and syndicated capital call credit facilities.
Acquisition Finance Transactions (Private Equity) and Related Recapitalization Transactions
Represented MidOcean Partners in connection with its investments in FullSpeed Automotive, Lynx-Franchising, InterVision, Planet Equity Group, and Hanley Wood, including in connection with the issuance of senior secured term loans and revolving credit facilities.
Represented Investcorp in connection with its investments in KSM Consulting, KSI Trading Corp., Nobel Learning Communities, Wrench Group Holdings and FishNet Security, including with the issuance of senior secured term loans, senior subordinated unsecured notes, revolving credit facilities and asset-based lending facilities.
Represented numerous Investcorp portfolio companies in connection with leveraged recapitalization transactions, “amend and extend” transactions, and refinancing transactions.
Represented Littlejohn & Co. in connection with its acquisitions of Kaman Distribution Group, Strategic Materials, Cornerstone Chemical Company, Tidel Engineering, STS Operating (d/b/a SunSource), Newgistics and Northwest Hardwoods, including in connection with the issuance of senior secured term loans, senior secured notes, unitranche term loans and revolving credit facilities.
Represented LCatterton in connection with the joint venture financing for the combination of PatientPoint Health and OutcomeHealth, including first and second lien facilities.
Represented Pharos Capital Group in its investment in TechLab, including in connection with its unitranche facilities.
Represented CVC Capital Partners and Canada Pension Plan Investment Board in connection with their investment in Petco, including senior secured term loan facility, an asset-based lending facility, and issuance of private placed senior notes.
Represented Petco in connection with the asset-based lending facility entered into at the time of becoming a publicly traded company.
Represented CVC Capital Partners in connection with its acquisition of AlixPartners, LLP (including in connection with the issuance of first lien and second lien term loans), and subsequent leveraged recapitalization transactions.
General Finance Transactions
Represented a charter school based in New York City in connection with a privately placed bridge financing. Ongoing representation of such charter school in connection with its debut tax-exempt and taxable bond financings, as a conduit borrower, with BuildNYC Corporation as the bond issuer, and Morgan Stanley as underwriter.
Litigation / Settlement Finance Transactions
Represented a publicly traded broadcast communications infrastructure company (undisclosed) in financing documentation related to the settlement of a dispute with a broadcast provider in Mexico.
Represented a hedge fund in financing documentation related to the settlement of an international arbitration award with a Latin American country.
Represented a hedge fund in documentation of financing-related elements of a common interest agreement entered into for purposes of financing of an international arbitration proceeding, and related collateral arrangements.
Represented a claimant in obtaining funding for purposes of pursuing arbitration proceedings in the State of Colorado, and related collateral arrangements.
Ongoing representation of a group of claimants in obtaining funding and making a contemporaneous equity co-investment for purposes of pursuing international arbitration enforcement against a sovereign.