Kathy Johnstone

Senior Of Counsel | Los Angeles
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(213) 892-5662
I take a global approach to a borrower’s debt structure and strive to provide for future plans and growth for companies.

Experience

Represent Boyd Gaming Corporation, a multijurisdictional gaming company, since 1997 in all of its debt financing. During 2012, completed the financing for Boyd Gaming’s $1.5 billion acquisition of Peninsula Gaming, including both a high-yield debt offering and a syndicated credit agreement for each of Boyd Gaming and Peninsula Gaming. Structured the financing aspects of the transaction with Peninsula Gaming as an unrestricted subsidiary under Boyd Gaming’s indentures to comply with Boyd Gaming’s existing outstanding debt.

Outside counsel to Southwest Gas Corporation on substantially all of its outstanding debt. During 2012, represented Southwest Gas, in its capacity as issuer, in connection with the structuring, negotiation, and documentation relating to the issuance of $250 million 3.875% Senior Notes due 2022; and in its capacity as borrower, in connection with the structuring, negotiation, and documentation of a syndicated unsecured $300 million revolving credit facility.

Represent Marina District Development Company since its initial construction financing in 2000, most recently in its capacity as issuer, in connection with the structuring, negotiation, and documentation relating to the issuance of $400 million 9.5% Senior Secured Notes due 2015, $400 million 9.875% Senior Secured Notes due 2018, and in its capacity as borrower, in connection with the structuring, negotiation, and documentation of a syndicated $150 million revolving credit facility, all of which is secured by a lien on the real and personal property at Borgata Hotel Casino & Spa, Renaissance Pointe, Atlantic City, New Jersey.

that is expanding on a growth by acquisition strategy, in its capacity as borrower in connection with the structuring, negotiation, and documentation of a $50 million rankimulticurrency secured revolving, term loan, and delayed draw term loan facility. Advised on significant tax, funding, and cross border issues.


BTI Consulting Group 2013 and 2014

Named: BTI Client Service All-Stars

Best Lawyers in America 2008 – 2016

Recognized: Best Lawyer for Banking and Finance Law