Nan B. Braley is a banking and finance attorney with many years of experience representing clients in a broad range of financing transactions. She represents agents, lenders and borrowers in asset-based financings, middle market and corporate credit facilities, acquisition financings, cash flow loans, syndicated credits, multicurrency facilities, cross-border transactions, participations, intercreditor agreements, letters of credit, loan workouts, DIP financings and debt restructurings. Nan has experience with a wide variety of industries and collateral, including health care, technology, transportation and trucking, aerospace, service companies, oil and gas services, manufacturing, distribution, entertainment, media, and fine art. She also has experience with specialized finance transactions such as lender finance, subscription line and capital call credit facilities, and insurance industry financing.
Education & Credentials
Education
Baylor University
B.A., 1981Baylor University School of Law
J.D., 1983- Baylor Order of Barristers
- Research & Topics Editor and Notes & Comments Editor, Baylor Law Review
- cum laude
Bar Admission
Acknowledgements
- The Best Lawyers in America
- Banking and Finance Law, 2013-2023
- "Lawyer of the Year," Banking and Finance Law, 2022
- Chambers USA Guide
- "Recognized Practitioner," 2019
- Texas Super Lawyers
- Listed, 2012-2021
- Martindale-Hubbell® Rating AV Preeminent® Rating
- Featured in The Secured Lender article titled, "Women in Commercial Finance Leading the Way," 2017
Prominent Assignments
- Represented lender in connection with $5 billion secured cross-border subscription line facility for borrowers affiliated with a global private real estate fund, secured by uncalled capital commitments pursuant to a cascading pledge structure.
- Represented agent in connection with $312.5 million credit facility for a finance company, secured by all assets of borrower including portfolios of secured ABL and healthcare notes receivable.
- Represented agent in connection with $300 million credit facility for oil and gas services company.
- Represented media company in $264 million senior secured DIP facility in Chapter 11 bankruptcy cases also involving $128 million of second lien and other borrowed money debt, and subsequent exit financing under plan of reorganization.
- Represented agent in $135 million syndicated, cross-border senior secured multicurrency facility for global communications company, intercreditor arrangements for $115 million of subordinated debt, and subsequent workout.
- Represented lender in numerous lender finance credit facilities, including $71 million and $60 million facilities secured by loan, equipment lease, factoring and other financing receivables.
- Represented agent in connection with $63 million asset-based credit facility to insulation distributor and supplier.
- Represented lender in connection with $50 million line of credit and derivative facilities secured by fine art and partnership interests.
- Represented lender in connection with $40 million cross-border ABL revolver to companies providing supply chain management services in the U.S., Mexico and Canada, secured by all assets of the companies including Mexican and Canadian collateral.
- Represented lender in connection with asset-based credit facility for a manufacturing company, including an ex-im subfacility guaranteed by The Export-Import Bank of the United States.
- Represented lender in connection with asset-based credit facility for a manufacturer of aerospace components for commercial aircraft and defense.
- Represented lender in asset-based credit facilities for wholesale distributor of surgical and medical instruments and equipment, pharmaceutical service companies, and manufacturer of diagnostic imaging equipment and health care service provider.
- Represented lender in $35 million credit facility to companies in insurance industry, secured by all assets of and equity interests in the borrower, and involving provisions unique to the insurance industry and regulated insurance companies.
- Borrower representations include $200 million ABL revolver to public media company, $115 million secured facility for oil & gas services company, $20 million ABL facility for trucking companies, and multicurrency facility for technology company.
Professional Involvement
- American Bar Association
- Business Law Section (Banking Law, Business Finance, Commercial Finance, and UCC Committees)
- Dallas Bar Association
- Sports and Entertainment Law Section
- State Bar of Texas
- Business Law Section, and Entertainment and Sports Law Section
- Secured Finance Network
- Southwest Association of Bank Counsel
- Texas Bar Foundation
- Fellow
Community Involvement
- Dallas Friday Group