Sakina Rasheed Foster is a partner in the Finance Practice Group, and is located in the Dallas office of Haynes and Boone. Her practice is focused on the representation of financial institutions and borrowers in complex commercial loan transactions as well as airlines and aviation matters. Sakina has experience in advising banks, private equity firms, corporations and individuals in connection with senior and subordinated financing, including drafting documentation and negotiating deal points for syndicated and single bank loan facilities, asset-based lending, acquisition financings, real estate construction loans, mortgage warehouse lending and loans secured by unique collateral, such as railcars and mortgage servicing rights.

Sakina’s work on aviation matters includes drafting and negotiating complex regional airline flying arrangements and helping airline clients with matters related to loyalty programs, premium customer experiences and corporate services arrangements. She has represented American Airlines, Inc. in connection with a number of capacity purchase agreements and related arrangements.
In addition, Sakina represents borrowers in intercreditor relationships and in subordinated financing transactions.

Sakina is a trusted advisor to her clients and works diligently to understand their businesses and crafts practical solutions to suit their needs. She earned her J.D. from The University of Texas in 2003 and her B.B.A. from Southern Methodist University in 2000.

Bar Admissions
Texas

Education
J.D., University of Texas, 2003
B.B.A., Southern Methodist University, 2000, cum laude

Significant Accomplishments
Represented American Airlines, Inc. in negotiation of regional flying arrangement between American Airlines, Inc. and another carrier, which involved a Capacity Purchase Agreement (CPA), aircraft and engine leases between American Airlines, as lessor, and the regional carrier, as lessee, bailment agreements and maintenance agreements.

Assisted with representation of a private equity firm in its acquisition of a manufacturer of specialty paper and related acquisition financing of $21.5 million of senior and $10 million of senior subordinated loans secured by real and personal property.

Assisted with representation of AMR Corporation, parent company of American Airlines and American Eagle, in its selection and purchase of General Electric GEnx engines for its future fleet of Boeing 787-9 aircraft.

Assisted with representation of a private investor group in its acquisition of a chain of liquor stores and the restructuring and assumption of a related $33 million acquisition financing line of credit secured by real and personal property.

Assisted with representation of a private equity firm in its acquisition of Kansas' largest oilfield supply company and related acquisition financing of $21.5 million of senior secured and $6.5 million of senior subordinated secured loans.

Assisted with representation of a distributor of home-related furnishings and products in connection with a $43.5 million asset based loan comprised of a senior secured revolving credit and term loan facility.

Assisted with representation of a leading provider of cathodic protection systems and engineering services in connection with a US $16.675 million and CAN $12.325 million senior secured asset based revolving credit facility.

Assisted with representation of a leading processor of Medicare Part B claims reimbursement for pharmacies, managed care and commercial organizations in connection with a $13 million senior secured and $6 million subordinated secured loan.

Acted as counsel to a lender in the documentation of a $15 million secured revolving credit facility to a commercial real estate company.

Represented a prominent regional bank in negotiating, documenting and closing a secured term loan and revolving credit facility to a pharmaceutical company.

Assisted with representation of a prominent Texas family office in connection with a proposed loan facility secured by structured settlements.

Assisted with formation of the first privately-sponsored investment fund focused on the development of a secondary market for mortgage and micro-loans originated in Latin America.

Professional Associations
American Bar Association
State Bar of Texas
Dallas Bar Association
Dallas Association of Young Lawyers