Weil advised Royal Bank of Canada, in its role as administrative agent under the Term Loan and ABL facilities, and the ABL lenders, in connection with a series of transactions involving the issuance by Innophos Holdings, Inc. of new second lien secured notes in exchange for its existing unsecured notes and Iris Holdings Inc.’s existing holdco paid-in-kind notes and the amendment and extension of Innophos Holdings, Inc.’s Term Loan and ABL credit facilities. Innophos is a manufacturer of chelated minerals and specialty phosphates.

The Weil deal team was led by Banking & Finance Co-Head Justin D. Lee and partner Jessie Chiang, and included associates Michael Denton, Kate Swain, Tess Savage and Ian Murdoch.