Standing Up an Instant Deal Team for a Multibillion-Dollar Refinancing

A Fortune 100 company entered a multibillion-dollar refinancing on a compressed timeline — and lacked both the internal headcount and the transaction experience to administer it. Hiring permanently for a one-time event made no sense; running the entire deal through outside counsel would be prohibitively expensive.

• Instant deal team: Morae placed a team of experienced attorneys who set up the data room, reviewed relevant documents, and gathered the internal documentation required for collateralization.
• Outside counsel coordination: The team worked alongside outside counsel to review and comment on deal documentation from the company's perspective, keeping the transaction on schedule.
• Executive visibility: Morae kept management continuously updated on status, open issues, and deal terms throughout the transaction.

The company gained an on-demand team that understood how to administer a large transaction from an in-house perspective — without paying outside counsel rates or staffing up for a single event. The refinancing closed on its timeline, and the company achieved cost savings of 30% on transaction support. The model gave the legal department a repeatable way to flex capacity for future deals.