Pete Connoy

DEBT ADVISORY LEADERSHIP
Managing Member – ECS Advisory (2014-current)  -  Orange County, CA

• Founder and Architect of ECS’ debt optimization process
• Over 25 years experience leading middle market/corporate debt transactions
• Lender and Borrower – deep experience as both a creditor and debtor

Corporate Borrower Experience:

Vice President – Corporate Finance, PAETEC Communications (2006-2012)  -  Rochester, NY

• Headed capital raising, mergers & acquisitions, and investor relations.  PAETEC was a middle market company that grew to a publicly traded Fortune 1000 competitive telecommunication provider that was sold to Windstream Communications for $2.3 Billion.  During 2006-2012, PAETEC's EBITDA quadrupled from $100MM to $400MM.
   
• Negotiated, Closed and Funded over $2 Billion in Debt Capital through eight separate transactions
  • $1.1 Billion in senior secured bank debt, $1.0 Billion in senior secured bonds and $600M in unsecured bonds
     
  • $60MM headquarters New Markets Tax Credit financing in an economic redevelopment zone
     
  • Consistently procured market leading qualitative and quantitative terms that outperformed

PAETEC’s single B corporate credit rating

• M&A: oversaw 11 acquisitions and subsequent synergy goal achievement and integration—three acquisitions>$100MM, three acquisitions between $10MM and $100MM, and five acquisitions <$10MM.

Leveraged Lender Experience:

Senior Vice President & Team Leader, Union Bank (1993-2006)  -  Los Angeles, CA

• Oversaw approval for new credit transactions at UB’s Senior Loan Committee.  Sourced and/or led over 

      $8 Billion in new transactions.  Developed leveraged middle market new business and underwriting opportunities while managing an $800MM loan portfolio with over 30 borrowing clients

• Created UB’s Tower lending practice from inception to the leading tower lender in the U.S. with $200MM in outstandings after 4 years.
• Structured and participated in several Mezzanine Finance and Private Equity transactions as a principal

Board Membership Experience:

Independent Director (2013-current)  -  Burbank, CA

Board of Directors member (Chair of Special Committee) for Liberman Broadcasting, Inc. (LBI).  LBI (of which Oaktree Capital Management owns 20%) is a Spanish language broadcaster with both radio and TV stations in Los Angeles, Dallas, and Houston.  LBI also produces over 50 hours of live programming each week through its Estrella TV network.  Pete counsels management on debt capital issues and transaction opportunities (LBI has over $500 Million in debt capital outstanding).