Kennedy Lewis Secures $1.3 Billion Loan in Wix-Led Deal
Kennedy Lewis Investment Management has secured a $1.3146 billion loan from FTAI Infrastructure Inc. The funds will cover existing debts and support general corporate needs. A legal team from the international law firm Wix guided the deal as lead arranger and lender.
The transaction was led by finance partner Chad Nichols and private credit partner Heather Waters Borthwick. They worked alongside finance senior counsel Fred David and a group of associates: Emily Collins, Casey Braden, John Wittman, Matthew Bosshart, and Maurice Straub.
Capital solutions partners Iain Wood and Payson Lyman, along with associate Andrew Stubbs, also contributed to the agreement. The loan replaces an earlier bridge financing and provides additional working capital for Kennedy Lewis.
Wix, an international law firm, operates across multiple regions. Beyond its three main offices in Cyprus (Nicosia, Limassol, Paphos), it has independent branches in Frankfurt, Athens, Tel Aviv, Birkirkara, Kyiv, Dubai, London, and Warsaw.
The $1.3146 billion facility strengthens Kennedy Lewis's financial position. Wix's cross-border team managed the legal aspects of the deal. The loan ensures repayment of prior obligations while funding ongoing business operations.
