Joseph Stein

Partner

EMAIL

joseph.stein@solomonpartners.com

PHONE

(212) 508-1662

Joseph Stein is a Partner and leads Financing Advisory. In that capacity, Joe advises clients on financing transactions, including the placement of various loans with both banks and direct lenders.

Since joining Solomon Partners in 2001, Joe has arranged more than $20 billion of debt and equity capital for acquisitions, general corporate purposes and highly structured rescue financing. Loans or other securities are typically placed with an array of banks, BDCs, finance companies, hedge funds, specialty debt funds or other institutional investors.

Select transactions include: $380 million senior secured debt for Perry Ellis International, $200 million dividend recapitalization for Maurices Inc., $650 million debt recapitalization for Designer Brands, $300 million asset-based revolving credit facility and first-in last-out term loan for Chico’s, $835 million senior secured debt recapitalization for RadioShack Corporation, $150 million senior secured debt with warrants for Zale Corporation, $150 million senior secured debt with warrants for Quiksilver, $445 million senior secured recapitalization for Media General, Inc. with Berkshire Hathaway, $2.4 billion of debt and equity financing for Sony/ATV Music Publishing’s acquisition of EMI Music Publishing and $165 million senior secured debt financing for take-private of Kenneth Cole Productions, Inc.

Joe was previously Executive Director and Head of the Private Placement Group at UBS Warburg LLC, responsible for the structure and placement of senior debt, subordinated debt and mezzanine securities for both domestic and foreign issuers. With more than 20 years of experience in investment banking, Joe began his career at Manufacturers Hanover Trust Company in asset-based finance. He held various corporate finance positions at Citicorp Securities.

Not-For-Profit Affiliations

Trustee, Hobart and William Smith Colleges

Joe holds an MBA from William E. Simon Graduate School of Business Administration at the University of Rochester and a BA from Hobart College.

Select Recent Transactions

Serving as financial advisor to Steve Madden on its pending acquisition of Kurt Geiger
February 2025
Served as financial advisor to Ardian on its acquisition and financing of CampusParc
October 2024
Served as the exclusive financial advisor and placement agent to Prime Therapeutics on its acquisition of Magellan Rx
December 2022
Served as financial advisor to OpCapita, Centerbridge and Metric Capital Partners on their investment in Soul Foods Group, with a concurrent delayed draw term loan financing
July 2022
Served as financial advisor to Perry Ellis on a $200 million Asset-Based Revolver provided by Capital One and a $180 million Senior Secured Term Loan provided by Sound Point Capital to refinance existing debt
December 2021
Served as financial advisor to Maurices on a $100M revolving credit facility and a $100M term loan facility provided by Wingspire Capital and SLR Credit Solutions to refinance debt and fund sponsor dividend
August 2021
Served as co-financial advisor to Red Lobster on its refinancing of existing credit facilities
January 2021
Served as financial advisor to Chico's on its $285mm Revolving Credit Facility and $15mm FILO
October 2020
Served as investment banker to Stage Stores in its ongoing Chapter 11 proceedings.
August 2020
Served as financial advisor to Brooks Brothers on its Chapter 11 proceedings
August 2020
Solomon Partners advised Designer Brands Inc. on a new $400 million ABL and $250 million Senior Secured Term loan.
August 2020
Advised Steve Madden on its Senior Secured Revolving Credit Facility
July 2020
Served as financial advisor to OpCapita LLP on both its carve-out acquisition of maurices from Ascena Retail Group and a $125M Senior Secured Credit Facility in connection with the transaction.
May 2019
Served as financial advisor to Stein Mart in securing a Senior Secured Credit Facility
September 2018
Advised Ports America Group on debt refinancing for $1.3 billion
April 2018
Served as advisor to the steering committee of bondholders in the restructuring of $2.8 billion of liabilities and raising of $350 million of new capital through a joint sauvegarde in France and a Chapter 11 in the U.S.
March 2018
Served as Arranger and Bookrunner in advising on securing $1 billion Senior Notes and $2.9 billion First Lien Term Loan.
November 2017
Served as Refinancing Advisor to Skyway Concession Company on a $230 million note placement
July 2017
Served as exclusive financial advisor to PatientPoint in connection with the patient-physician engagement solutions provider's $140 million capital raise from Searchlight Capital Partners and Silver Point Capital.
June 2017
Served as advisor to Hyundai Merchant Marine in the restructuring of $1 billion of liabilities and charter obligations
June 2016
Served as restructuring advisor to Quiksilver
February 2016
Served as financial advisor to Key Food in its acquisition of selected assets form A&P.
November 2015
Advised the Special Committee of Baltic Trading Limited on its sale to Genco Shipping and Trading Limited
April 2015
Served as financial adviser to the company regarding capital structure alternatives
June 2014
Advised the company on an amend-and-extend of its existing credit facility and $445 million of new financing from Berkshire Hathaway
November 2012
Advised Company in amending and extending its $665 million credit facility and $80 million term loan
July 2012
Advised the company and its investor group on its acquisition of EMI Music Publishing.
November 2011
Advised the company in amending its credit facility and in its issuance of $300M of Senior Secured Notes
December 2010
Advised the company in review of strategic alternatives
December 2010
Advised the company in $350 million multi-tranche Secured Financing Facility
October 2009
Advised the company in $350 million private placement of convertible Preferred Stock
October 2009

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