Sulee Stinson Clay is an experienced business lawyer who represents companies, investors, and lenders on an array of corporate and financial transactions including domestic and international mergers and acquisitions, senior and subordinated debt financings, venture capital and private equity investments, joint ventures, entity formation, corporate governance, transaction structuring, securities act and other regulatory compliance matters, transfer and protection of intellectual property, executive compensation, commercial agreements and other general corporate and finance matters. Ms. Clay works across a broad range of industries including manufacturing, health care, technology, business services, sports/entertainment and media/communications.
Prior to joining PCT, Ms. Clay was a capital partner at DLA Piper LLP (US), where she was a member of the corporate finance, M&A and venture capital practices and served on the firm’s Policy, Diversity, and Hiring Committees. Prior to that, Ms. Clay was in the New York office of Kirkland & Ellis, LLP.
Representative Transactions
- Represented an equity sponsor in connection with the $76 million acquisition of company providing fixed based operations for airports including issuance of senior and subordinated indebtedness.
- Represented an equity sponsor in connection with the $56 million leveraged buyout of a oil change and lubrication business including the issuance of senior and subordinated indebtedness.
- Represented a mezzanine lender in connection with the purchase of $34.5 million of senior subordinated notes of healthcare business.
- Represented various mezzanine lenders in connection with a $25 million investment in a discount clothing retailer in return for secured “Term C” notes, unsecured senior subordinated notes and warrants to purchase common stock.
- Represented an equity sponsor in connection with the $28 million leveraged buyout of a catalog company including the issuance of senior and subordinated indebtedness.
- Represented an equity sponsor in connection with the $20 million leveraged buyout of a specialty metal manufacturing company including the issuance of senior and subordinated indebtedness and a sale/leaseback financing transaction.
- Represented a senior lender in connection with $27 million secured loan to a hospice company consisting of a revolving credit facility and term loans.
- Represented a mezzanine lender in connection with a $29 million secured loan to a specialty food manufacturer in return for senior subordinated notes.
- Represented a mezzanine lender in connection with purchase of $27 million subordinated notes and preferred stock.
Publications
- Contributing Author, “The Mergers & Acquisitions Handbook" (2007)
Seminars
- Panelist, "The Politics of Success," Getting Ahead and Staying There: Women of Color in Law Firms Conference, sponsored by the Women's Bar Association, Washington, DC (December 11, 2008)
- Moderator, "Access to Capital," Greater Washington Board of Trade (May 2005)