Kenneth Logsdon
PEOPLE

Kenneth Logsdon

Partner
logsdon.ken@dorsey.com

Overview

KEN ADVISES CLIENTS ON ALL ASPECTS OF DEBT CAPITAL MARKETS AND CORPORATE FINANCE, AND HE COUNSELS NATIONAL AND REGIONAL BANKS, NON-BANK LENDERS, PRIVATE EQUITY FUNDS, AND PRIVATELY OWNED AND PUBLICLY TRADED COMPANIES.

Ken’s clients look to him for counsel on the structuring, negotiating, and administering of complex commercial, secured, and asset-based financings.

His practice spans a wide variety of transaction sizes and types, from sole lender financings to large market, broadly syndicated credit facilities for equity sponsor portfolio acquisitions and financings.

Education & Admissions

University of Illinois College of Law (Champaign-Urbana) (J.D., 2009)

Utah Valley University (B.S., 2005)

Admissions

  • Utah

Experience

Representative Experience

Banking, Commercial Finance, and Secured Transactions Law

Clients engage Ken for a wide range of complex financing matters:

  • General commercial loans
  • Asset-based financings
  • Recapitalizations
  • Restructurings
  • Bank regulatory Laws

Mergers and Acquisitions Law

Ken’s clients look to him for support during the mergers and acquisition process:

  • Leveraged buyout financings
  • Seller financings
  • Convertible debt instruments

Business, Corporate, and Finance Experience

A selected list of Ken’s experience includes serving as:
  • Agent counsel for an institutional lender in its capacity as agent, co-lead arranger, revolver agent, and swingline lender in connection with structuring and negotiating a $432,000,000 revolving, swingline and term loan credit facilities provided to a manufacturer of sporting equipment pursuant to a sponsor-backed leveraged buyout acquisition.
  • Borrower counsel for a publically traded corporation engaged in coal mining and related businesses in connection with negotiating a $75,000,000 revolving loan facility and a $425,000,000 term loan credit facility.
  • Borrower counsel for a publically traded corporation engaged in cable networking entertainment and related businesses in connection with negotiating a $425,000,000 revolving and term loan credit facilities.
  • Agent counsel for a nationally chartered bank in its capacity as agent, colead arranger and swingline lender in connection with structuring and negotiating a $95,000,000 revolving, swingline and term loan credit facilities with a $20,000,000 subordinated debt facility provided to a manufacturer of industrial rigging devices pursuant to a sponsor-backed leveraged buyout acquisition.
  • Agent counsel for a nationally chartered bank in its capacity as agent, sole bookrunner and lead arranger in connection with structuring and negotiating a $80,000,000 revolving and term loan credit facilities with a $8,000,000 subordinated debt facility provided to a grower and distributor of agricultural products.
  • Bank counsel for a nationally chartered bank in connection with structuring and negotiating a $31,500,000 revolving and term loan credit facilities provided to a business-process outsourcing services company with locations in the Philippines and India.
  • Lender counsel for an institutional lender in connection with structuring and negotiating a $20,000,000 revolving and term loan credit facilities provided to a distressed supplier of medical equipment and pharmaceutical services.
  • Bank counsel for a state chartered bank in connection with structuring and negotiating a $4,800,000 construction loan in furtherance of a build-out of a manufacturing facility financed in part by $10,260,000 in proceeds of the issuance of tax exempt redevelopment bonds.
  • Borrower counsel for a manufacturer and leading provider of synthetic twine and concrete fibers in connection with a $28,200,000 revolving and term loan credit facilities.
  • Borrower counsel for an investment management company in the veterinary sector in connection with a $8,500,000 revolving loan acquisition financing credit facility.
  • Lender counsel for a mezzanine lender in its capacity as subordinated agent in connection with structuring and negotiating a $80,000,000 note purchase with a $160,000,000 senior secured debt facility to a manufacturer of wellness and fitness products in connection with a sponsor-backed leveraged buyout acquisition.
  • Agent counsel for an institutional lender in its capacity as agent, revolver agent, and swingline lender in connection with structuring and negotiating a $240 million revolving, swingline and term loan credit facilities to a manufacturer of alternators, starters, brake calipers and power steering products pursuant to a sponsor-backed leveraged buyout acquisition.
  • Agent counsel for a nationally chartered bank in its capacity as agent and lender in connection with structuring and negotiating a $21.5 million revolving and term loan credit facilities with a $9.3 million subordinated debt facility to a manufacturer of custom targets for military, law enforcement, tactical training schools, and commercial applications pursuant to a sponsor-backed leveraged buyout acquisition.
  • Agent counsel for a nationally chartered bank in its capacity as agent and lender in connection with structuring and negotiating a $46.75 million revolving, swingline and term loan credit facilities with a $20 million subordinated debt facility provided to a pharmaceutical manufacturer pursuant to a sponsor-backed leveraged buyout acquisition.
  • Lender counsel for a private lender with participating in, and subsequently purchasing of, commercial term loans from a nationally chartered bank in an aggregate amount of $100 million made to a distressed explorer of natural resources with collateral primarily consisting of tax credits issued by the State of Alaska.
  • Bank counsel for a national bank with structuring and negotiating a $4.8 million construction loan in connection with the build-out of a manufacturing facility financed in part by $10.26 million in proceeds of the issuance of tax-exempt redevelopment bonds.
  • Agent counsel for a nationally chartered bank in its capacity as agent and lender in connection with structuring and negotiating a $25 million revolving, swingline and term loan credit facilities to a provider of human resource services in connection with a sponsor-backed leveraged buyout acquisition.
  • Agent counsel for a borrower investment management company in the veterinary sector in connection with a $8.5 million revolving loan acquisition financing credit facility.
  • Agent counsel for a nationally chartered bank in connection with structuring and negotiating a $31.5 million revolving and term loan credit facilities provided to a business-process outsourcing services company with locations in the Philippines and India.
  • Borrower counsel for a special purpose company providing consumer lease financing services in connection with a $10 million revolving credit facility with an accordion feature of up to $25 million of additional advances.

News & Resources

Articles

Deferment Period Extended for PPP Borrowers that Appeal Adverse Forgiveness Decisions
What to do if your PPP loan isn’t forgiven
Round Three of the PPP—The New Stimulus Bill Amendments
PPP Loan Over $2 Million? An Imminent Deadline May Be Looming!
PPP Loans and M&A Transactions: New Guidance from the SBA
PPP Loans and M&A Transactions: Lender and Borrower Considerations
The Paycheck Protection Program Flexibility Act: Helpful Modifications to the PPP, but New Questions Arise
PPP Loan Forgiveness Application: A Discussion of Recent Developments and Implications for Lenders
SBA Issues Updated Application and Posts Initial Guidance for Paycheck Protection Program
Does My Business Qualify for Federal Funding under the CARES Act?
SBA and Treasury Department Post Sample Paycheck Protection Program Application Form and Related Information on Websites
U.S. Small Business Administration offering Emergency Financing for Payroll and Other Expenses to Qualified Entities Suffering Substantial Economic Injury as a Result of the Coronavirus (COVID-19)

News & Press Mentions

Dorsey Wins IFLR APAC Restructuring Deal of the Year Award
Business Reminded to Apply for PPP Forgiveness
Twenty-three Dorsey Attorneys Named to Utah Legal Elite
Dorsey Partner Ken Logsdon Comments on US Relaxing PPP Loans
Dorsey Partner Ken Logsdon Comments on PPP Loans Under $2M
Dorsey Partner Ken Logsdon Comments on SBA's PPP Loans
Dorsey Partner Ken Logsdon Comments on SBA Paycheck Protection Program Loans
Dorsey Partners Lynyak and Logsdon Discuss Paycheck Protection Program
Finance & Restructuring Lawyer Kenneth Logsdon Joins Dorsey in Salt Lake City

Industries & Practices

Bankruptcy & Financial Restructuring
  • Banking & Financial Institutions
  • Bankruptcy & Financial Restructuring
  • Consumer Financial Services
  • Corporate Trust Services
  • FinTech
  • Lending Transactions
  • Mergers & Acquisitions
  • Private Equity
  • Project Development & Finance
  • Real Estate & Land Use

Accolades

  • Dorsey & Whitney – Scales of Justice Team Award (Rebuilding Our Community Webinar Series), 2021
  • Utah Business Magazine, Utah Legal Elite, Banking/Financial, 2019 and 2021
    Up and Coming, 2017- 2018
Kenneth Logsdon