Education

University of California - Hastings College of the Law, J.D., tax concentration, 2000

San Diego State University, M.B.A., Beta Gamma Sigma, 1990

University of Colorado, B.A., 1988

Admitted

California, 2000

Jeff Browning is a partner in Chapman’s Banking and Financial Services Department. Jeff focuses his practice on the representation of banks and other financial institutions in documenting and structuring complex secured and unsecured commercial lending transactions, including bilateral, club and syndicated lending transactions and transactions involving complex intercreditor issues. He has also worked alongside lenders on workouts, restructurings, public mortgage securitizations, and Rule 144A lease securitizations.

Jeff is currently a member of the firm’s agribusiness lending team and has extensive experience working with borrowers engaged in grape growing and wine production; nut production and processing; tomato processing and distribution; and grain and feed distribution.

Before attending law school, Jeff was a vice president at a large national bank, where he worked primarily in the residential mortgage group, acting as business development manager for its mortgage servicing division, mortgage trader for its secondary marketing division, and financial consultant.

Jeff began his legal career as an associate with the law firm of Gnazzo Thill, P.C., which combined with Chapman and Cutler LLP in June 2003. Prior to private practice, Jeff served as an extern to the Honorable Leslie Tchaikovsky of the California Bankruptcy Court.

Representative Transactions

Agribusiness
  • Representation of agent and lead lender in $260,000,000 secured revolving facility to tomato processor, canner and distributor of tomato products.

  • Representation of agent and lead lender in $125,000,000 secured revolving facility to tomato processor, canner and distributor of tomato products.

  • Representation of lender in $30,000,000 secured revolving facility to processor, packer and distributor of almond products.

  • Representation of lender in $61,000,000 revolving credit facility to an integrated poultry grower, processor and distributor.

  • Representation of lender in $103,000,000 secured revolving and term credit facilities for international grain and feed by-products distributor.

  • Representation of lender in $25,000,000 secured revolving and term credit facilities to grape grower, winery operator, and wine distributor.

  • Representation of lender in $15,000,000 secured revolving reducing credit facility to grape grower, winery operator, and wine distributor.

General
  • Counsel to agent in connection with $200 million syndicated, secured credit facilities to a waste collection company, which credit facilities include sub-facilities for letters of credit to support tax-exempt bonds and the direct purchase of tax-exempt bonds.
  • Counsel to letter of credit issuer in connection with the issuance of $21 million secured letter of credit issued to support taxable bonds issued in connection with the acquisition of a commercial real estate property.
  • Letter of credit counsel to letter of credit issuer in connection with the issuance of $31 million letter of credit issued under a syndicated, secured credit agreement, which letter of credit was issued to support tax-exempt bonds issued to facilitate the financing of a cogeneration facility.
  • Counsel to lender in connection with re-documentation related to $30 million aggregate secured credit facilities to wine production company related to organizational reorganization.
  • Counsel to lender in connection with $70 million secured term loan to diversified company to finance equity buy-out of joint venture partner in real estate development project.
  • Counsel to lender in connection with $52 million secured construction loan to finance the development of a multi-tenant retail shopping center.
  • Counsel to lender in connection with $100 million unsecured term loan to a technology company.
  • Counsel to agent in connection with $150 million syndicated, secured credit facility to a shipping and logistics company to finance working capital and capital projects.
  • Counsel to agent in connection with $80 million syndicated, secured credit facility to a finance company.
  • Counsel to lender in connection with re-documentation of approximately $100 million in aggregate secured credit facilities to real estate investment company due to change of ownership control.
  • Counsel to lender in connection with $80 million secured revolving line of credit to a grain company.
  • Counsel to lenders in multiple single lender, single asset real estate financings.
Health Care Institutions
  • Counsel to lender in connection with $75 million master trust indenture secured revolving line of credit to a hospital system.

  • Counsel to purchaser in connection with master trust indenture secured direct purchase of $65 million of tax-exempt bonds issued for the benefit of a hospital system.

  • Counsel to purchaser in connection with master trust indenture secured direct purchase of $42 million of tax-exempt bonds issued for the benefit of a continuing care retirement community.

  • Counsel to lender in connection with $100 million master trust indenture secured, term loan to a hospital system.

  • Counsel to letter of credit issuers in connection with issuance of master trust indenture secured letters of credit in an aggregate stated amount of approximately $100 million issued to support tax-exempt bonds issued for the benefit of a hospital system.

  • Counsel to lender in connection with $125 million master trust indenture secured term loan to a hospital system.

Higher Education and other Non-Profit Institutions
  • Counsel to lender in connection with $300 million unsecured liquidity facility to support variable rate debt of a large public university.

  • Counsel to bank purchaser in connection a with unsecured direct purchase of $13 million of tax-exempt bonds issued for the benefit of a private not-for-profit university.

  • Counsel to bank in connection a with secured standby bond purchase agreement to support $29 million of tax-exempt bonds issued for the benefit of a private not-for-profit university.

  • Counsel to lender in connection with $50 million unsecured revolving line of credit to a large private not-for-profit university.

  • Counsel to bank purchaser in connection with secured direct purchase of $10 million of tax-exempt bonds issued for the benefit of a not-for-profit social organization.

  • Counsel to lender in connection with $11 million unsecured term loan to a private for-profit university.