William Cavanagh
As deal counsel, Bill advises issuers, underwriters, borrowers, lenders, loan purchasers and service providers on structured finance transactions, including capital market securitizations, private placement transactions and warehouse securitizations. His work involves a variety of traditional, esoteric and emerging asset classes, including residential and commercial solar assets, clean energy land leases, venture loans, recurring revenue loans, healthcare and life sciences loans, timeshare loans, home improvement loans, equipment leases, consumer loans, auto loans, structured settlements, life settlements, and commercial mortgage loans.
Many of Bill’s transactions involve unique structures, first-of-a-kind securitizations or launches of new-to-the-client products and programs. He serves as primary deal counsel for a number of clients, coordinating all their transactions, and is regularly brought into transactions that involve challenging legal, regulatory or logistical issues.
Experience & capabilities
Selected matters
The structuring agent, placement agent, joint bookrunners and co-managers in a $795 million securitization of solar assets
The sponsor and issuer in a $415 million securitization of senior secured loans made to companies operating in the healthcare industry and adjacent markets
The structuring agent and initial purchasers in a $900 million capital markets securitization of solar assets acquired by affiliates of the sponsor from a now insolvent entity in connection with bankruptcy proceedings
The structuring agent and joint active and passive bookrunners in a $402 million securitization backed by a portfolio of commercial and industrial (C&I) solar assets, the first C&I securitization transaction ever completed
The administrative agent and lender in a $75 million facility secured by leases of HVAC systems, heat pumps and water heaters
The administrative agent and lender in a $250 million revolving warehouse facility secured by home improvement loans purchased by an investor from the originator and servicer of the loans
The sponsor and borrower in a warehouse securitization involving its new asset-backed lending (ABL) revolving loan product
The sponsor and issuer in a $522.92 million securitization of loans originated to install and make various types of energy-efficient home improvements
The sponsor and borrower in a $350 million revolving credit facility of senior secured loans made to life sciences and healthcare services companies
The administrative agent and lender in a $333 million securitization of land assets and rent streams related to utility-scale solar, storage and wind-powered electrical generation facilities
The administrative agent and lenders in a first-of-a-kind cash equity back leverage warehouse secured by solar assets
The administrative agent and lenders in connection with warehouse financing for a sponsor’s new HVAC/equipment product
Background
Education
- J.D., cum laude, Maurice A. Deane School of Law at Hofstra University, 2012
- Research editor, Hofstra Labor & Employment Law Journal
- Member, Hofstra Trial Advocacy Association
- Legal intern, Hofstra Law Reform Student Advocacy Clinic
- B.A., Philosophy, Politics and Law, Binghamton University, 2009
Bar Admissions
