Glenn A. Reitman

Finance & Restructuring

Glenn has a diverse finance practice that encompasses maritime, private equity, venture capital, real estate project and stadium, and Export-Import Bank of the United States (EXIM) finance, as well as leveraged buyouts, structured products, loan workouts, restructurings, recapitalizations and reorganizations.

He focuses on representing financial institutions, commodity trading firms, and public and private borrowers and lenders in secured lending transactions, project finance, commodity trade finance, asset securitization, loan sale transactions, unitranche loans, loan auctions, workouts and foreclosures, as well as structuring, negotiating and documenting derivatives transactions with respect to commodities and interest rates.

Energy Finance

Glenn’s upstream oil and gas finance experience includes reserve-base lending (RBL), asset-based lending (ABL), term loans, intercreditor agreements, first and second lien structures, and large corporate revolvers. His midstream experience includes financings of gathering systems, saltwater and other water systems, and pipeline systems. His downstream experience includes marketing companies, maritime and transportation companies, and pipeline and terminal developers and operators.

Glenn also focuses on the carbon market; liquefied natural gas (LNG); and green, blue and gray hydrogen projects. His experience covers all aspects of the investment and development chain from venture capital and startup of operations to market entry and sale of commodities.

Energy Finance Representative Matters

• Kraken Oil & Gas Partners as borrower in its $2 billion reserve-based loan secured by oil and gas properties
• Trina Solar as borrower in its asset-based loan secured by its accounts receivable and inventory
• XB Integrated Logistics in a multi-lender financing including mezzanine and asset-based loans
• Altamont Capital Partners as borrower in a senior secured credit facility (RBL)
• Crown Energy as borrower in its senior secured credit facility (RBL)
• Beacon E&P as borrower in its senior secured credit facility (RBL)
• KA Henry I and KA Henry II, each as borrowers in two separate RBLs
• Haymaker as borrower in its senior secured credit facility (RBL)
• Oasis Midstream Partners as borrower in its senior loan facility
• Trail Ridge Energy Partners II in its senior secured credit facility (RBL)
• An oil and gas marketing and trading company in purchase and sale of crude oil and refined products
• A South African company in the acquisition, finance and construction of a gas-to-liquids facility
• A U.S. bank as agent in a $100 million E&P warehouse facility
• An E&P issuer of an asset-backed securitization facility
• A U.S. bank in a $50 million credit facility secured by oil and gas properties
• A U.S. branch of a Canadian bank as agent in a $100 million credit facility

Hydrogen & LNG Representative Matters

• Developer in the development, offtake, financing, and operation of a 13,100 kg capacity per day hydrogen facility north of Los Angeles County, California, utilizing certain existing infrastructure
• Developer in the development, offtake, financing and operation of a 13,100 kg capacity per day hydrogen facility in Rotterdam, The Netherlands
• Developer in the development, offtake, financing and operation of a 13,100 kg capacity per day hydrogen facility in Antwerp, Belgium
• Developer in the development, offtake, financing and operation of a 13,100 kg capacity per day hydrogen facility in Central California
• Developer in the development, offtake, financing and operation of a 13,100 kg capacity per day hydrogen facility in Northern California
• Developer in the development, offtake, financing and operation of a 36,300 kg per day hydrogen facility in Southern California
• BASF in a long-term LNG purchase and sale agreement from a Gulf Coast LNG project
• Engie in a long-term LNG purchase and sale agreement from a Gulf Coast LNG project
• OMV in a long-term LNG purchase and sale agreement from a Gulf Coast LNG project

Maritime Finance

Glenn represents banks and borrowers in maritime transactions, including construction contracts, financings, acquisitions, sale and purchase of vessels, complex time and bareboat charters, and registration of vessels under the flags of Panama, United States, Vanuatu and other jurisdictions.

Maritime Representative Matters

• Amegy Bank in a commercial middle market loan secured by a fleet of tugboats
• MUFG in a $200 million trade finance transaction
• MUFG in a $150 million trade finance transaction
• A Venezuelan company in a $35 million project finance credit facility for the construction of seismic data vessels
• A U.S. bank in a $90 million credit facility secured by maritime assets
• A private equity firm in a maritime financing workout

Real Estate Finance

Glenn's real estate finance experience includes acquisition financing, construction financing, and pre-development and bridge financings.

Real Estate Representative Matters

• Bank of Texas (BOK Financial) in commercial development loans to several major retail developers in Houston
• Amegy Bank as lead arranger and administrative agent of a syndicate of U.S. banks in the financing of the Houston Dynamo Stadium construction
• Capital One in a development loan to Hunter’s Creek, Florida
• Comerica Bank in a $35 million construction loan to a multifamily developer
• A private equity-led syndicate of lenders in a $150 million acquisition term loan secured by 11 U.S. locations
• A U.S. bank in an $89 million construction loan facility secured by multifamily apartments
• A national bank in multimillion-dollar real estate workouts

Personal Interests

In his free time, Glenn enjoys spending time with his family, cooking, reading, and motivating his dog Kenny to strive to become a happy, confident and goal-oriented Labrador.