Duane McLaughlin’s practice focuses on bank lending and debt capital markets.

He regularly represents investment grade and leverage borrowers and issuers as well as private equity sponsors and portfolio companies. He also represents lenders, underwriters, and debt investors.

Duane has extensive experience in acquisition financing transactions, and he has been involved in a number of transactions in Latin America.

Duane joined the firm in 1999 and became a partner in 2007.

Notable Experiences

  • The arrangers in the financing for Brookfield Asset Management’s $11.4 billion acquisition of Forest City Realty Trust.

  • Voya Financial in the sale of the independent financial planning channel of Voya Financial Advisors.

  • The initial purchasers in Genworth Mortgage Holdings’ inaugural $750 million debt offering.

  • A U.S.-based insurance company in connection with a co-investment alongside an alternative asset manager.

  • Universal Music Group in securing a five-year €3 billion financing line.

  • McCormick & Company in connection with a $1 billion revolving credit facility and in the financing for its acquisition of Cholula Hot Sauce.

  • Westlake Chemical in the $3.9 billion financing of its acquisition of Axiall.

  • Belron in a €265 million revolving credit commitment increase, €75 million letter of credit commitment increase, $1.62 billion incremental term loan, and €840 million incremental term loan pursuant to an amendment to its senior secured credit facility.

  • MercadoLibre in its inaugural $1.1 billion debt offering.

  • Astound Broadband and TPG Capital in the refinancing of its senior secured credit facilities and in the financing of its $8.1 billion sale to Stonepeak Infrastructure Partners.

  • Carlyle Global Partners in the financing for its acquisition of a minority stake in The TCW Group.

  • TPG Capital, and its portfolio companies, in numerous financing transactions, including:

    • the debt financing for its $2.25 billion acquisitions of RCN Telecom Services and Grande Communications, and RCN in the financing of its $2.36 billion acquisition of Wave Broadband;
    • Vertafore in connection with a $550 million first-lien term loan and a $260 million second-lien term loan; and
    • Kraton Performance Polymers in the $440 million financing of its acquisition of Arizona Chemical.
  • Cohu in the financing of its $796 million acquisition of Xcerra Corp.

  • Genting Malaysia Berhad and Kien Huat in the financing for their joint acquisition of Empire Resorts and, subsequently, Empire Resorts in a $550 million refinancing of its existing debt.

  • ESL Investments in certain financing matters in connection with its $5.2 billion acquisition of Sears Holdings in a section 363 sale.

  • Western Digital in the $18.1 billion financing of its acquisition of SanDisk and in the subsequent $7.25 billion refinancing of its credit facilities.

  • A consortium led by TPG Capital, PAG Asia Capital, and the Ontario Teachers’ Pension Plan in:

    • the $830 million debt financing for the acquisition of DTZ Inc.,
    • the $330 million debt financing for DTZ’s acquisition of Cassidy Turley,
    • and, the $1.48 billion debt financing for DTZ’s acquisition of Cushman & Wakefield, and
    • the refinancing of Cushman & Wakefield’s existing first-lien credit facilities with a new senior secured credit facility following the company’s initial public offering.
  • Doosan Bobcat in the repricing of an existing $660 million term loan credit facility.

  • Brookfield Asset Management and Capital Automotive in $1.315 billion term and revolving credit facilities, and in the subsequent repricing of its term loan facility.

  • Keysight Technologies in the $1.6 billion financing of its acquisition of Ixia.

  • Nationstar Mortgage Holdings in its IPO, follow-on equity offering, and more than $2 million in high-yield debt issuances.

  • Codere S.A. in its $300 million and €500 million high-yield debt offerings of senior secured notes.

  • Domestic and international issuers in financing transactions, including América Móvil, American Tower, Belron, Coca-Cola FEMSA, CODELCO, Copa Airlines, Creative Artists Agency, Evertec, FEMSA, McCormick, New Media Investment Group, TRAC Intermodal, Vitro, Walgreens Boots Alliance, and Western Digital.

  • The underwriters in more than $16.5 billion of debt offerings by the Mexican cement company CEMEX, and previously, an international bank committee in connection with the restructuring and rescheduling of CEMEX’s bank and bond debt of approximately $15 billion of indebtedness, which LatinFinance named its “Best Restructuring Transaction of the Year” in 2010.

See More


2022: “The Adjustable Interest Rate (LIBOR) Act: A Closer Look at How It Interacts with State Law and What It Means for Potential Litigation Risks,” Cleary Gottlieb Alert Memo

2020: “SDNY Rules Transocean’s Internal Restructuring Does Not Violate Notes Indenture,” Cleary Gottlieb Alert Memo, republished by Law360

2020: “Trends and Considerations for Secured Notes Offerings During COVID-19,” Cleary Gottlieb Alert Memo 

2020: “Federal Reserve Releases Details of Main Street Lending Program,” Cleary Gottlieb Alert Memo, republished by The Columbia Law School Blue Sky Blog

2020: “SDNY Holds Syndicated Loans Are Not Securities, Rejecting Challenge That Threatened to Disrupt $2 Trillion Market During COVID-19 Crisis,” Cleary Gottlieb Alert Memo 

2020: “COVID-19 – Liquidity and Other Considerations For Borrowers,” Cleary Gottlieb Alert Memo

2017: “How Things are Different Outside Europe: USA/Asia,” 2nd Edition, A Practitioner’s Guide to Syndicated Lending (Sweet & Maxwell)

2010: “How Things are Different Outside Europe: USA/Asia,” 1st Edition, A Practitioner’s Guide to Syndicated Lending (Sweet & Maxwell)