Benjamin W. Stango
Ben Stango serves as legal counsel and trusted advisor to clients across the full spectrum of debt finance transactions—ranging from credit facilities and bond offerings to M&A, restructurings, and strategic investments.
As part of the firm’s borrower finance team, Ben works closely with CFOs, treasurers, heads of capital markets, general counsels, and in-house legal teams to help finance the future of their businesses. He counsels a wide range of clients, including public and private companies, private equity sponsors, venture capital firms, nonprofits (including community development financial institutions), and high-net-worth individuals.
Ben advises on syndicated and bilateral credit facilities, note offerings (senior, subordinated, secured, convertible, and hybrid), leveraged buyouts, asset-based lending, private credit and direct lending transactions, factoring and receivables financings, commercial paper programs, intercompany loans, and venture debt financings. His work spans industries including healthcare, aerospace, retail, and life sciences, with deal sizes from under $1 million to more than $14 billion. His MBA from The Wharton School helps drive his commercial approach to legal strategy.
At Morgan Lewis, Ben serves on the Philadelphia Professional Recruiting Committee and has participated in firmwide leadership through the Global Committee on Associates, ESG Working Group, and multiple other committees.
Ben remains active in the Greater Philadelphia civic and legal communities. He serves on the board of the Support Center for Child Advocates, where he volunteers as a Child Advocate pro bono attorney, and on the Board of Governors of the Philadelphia Bar Association, where he co-chairs the Large Firm Associates Committee. Ben also advises a range of civic and political organizations throughout the region.
Ben is the only Chambers and Partners ranked finance associate in Greater Philadelphia and was one of only four lawyers shortlisted as a Rising Star by IFLR in 2025.
Notable Public Company Representations
- Cencora, Inc. (NYSE: COR):
- $4.5 billion senior multicurrency cross-border revolving credit facility
- More than $14 billion in acquisition financing for its acquisitions of Alliance Healthcare, PharmaLex, Retina Consultants of America and other targets
- More than $10 billion in senior note offerings and other financings since 2017
- $4.5 billion commercial paper program
- Numerous other financing transactions
- FMC Corporation (NYSE: FMC):
- $2 billion senior revolving credit facility
- More than $3 billion in senior note offerings since 2017 and its $750 million 2025 hybrid note offering
- Numerous other financing transactions
- Walker & Dunlop, Inc. (NYSE: WD):
- $400 million senior note offering
- $450 million term loan and $50 million revolving loan facilities
- Arcadium Lithium (formerly, NYSE: ALTM):
- $500 million senior secured revolving credit facility
- $225 million of convertible senior “green” notes due 2025
- $252.4 million follow-on common stock offering
- Denny’s Corp. (NASDAQ: DENN) in connection with its $400 million senior revolving credit facility and its $620 million sale to TriArtisan Capital Advisors
- ADMA Biologics, Inc. (NASDAQ: ADMA) in connection with its $300 million senior revolving credit facility
- FirstEnergy Corp. (NYSE: FE) in connection with its revolving credit facilities, note offerings, and general treasury matters
- CompoSecure Inc. (NASDAQ: CMPO) regarding its senior revolving credit facility and the issuance of certain senior notes
- Axon Enterprise, Inc. (NASDAQ: AXON) in connection with its senior revolving credit facility
- PAE Inc. (formerly, NASDAQ: PAE) in connection with a $740 million senior secured term loan facility and a $175 million senior secured asset-based revolving credit facility
Notable Private Equity Representations
- Sun Capital Partners in connection with numerous acquisition financings
- LLR Partners in connection with numerous acquisition financings
- Walnut Grove Capital Partners in connection with numerous acquisition financings
Other Notable Representations
- A national health insurance company in connection with its $300 million credit facility and general treasury matters
- Reinvestment Fund, a nonprofit organization and community development financial institution, in connection with numerous loans to fund its mission-driven investments and its 2025 municipal note offering
- An early-stage space exploration and technology company in connection with its $200 million revolving credit facility
- A commercial space joint venture in connection with its $20 million revolving credit facility
- A banking executive in his personal capacity in a material amendment and renegotiation of two large, personal, private banking loans with his existing lender
- A national nonprofit organization that collects, stores, and distributes biological materials for research and development, as borrower, in a $30 million credit facility extended by an international bank
- University of Pennsylvania Law School, J.D., cum laude
- University of Pennsylvania, The Wharton School, M.B.A., Management
- Yale University, B.A., Humanities, Political Science, cum laude
- Pennsylvania
- New York
Associates to Watch, Banking & Finance, Philadelphia & Surrounds, Chambers USA (2023–2025)
Shortlisted, Rising Star, IFLR Americas Awards (2025)
Recipient, Faces of Philanthropy Award, Philadelphia Business Journal (2022)
Best of the Bar, Pro Bono, Philadelphia Business Journal (2021)
Ranked, 40 Under 40, City & State Pennsylvania (2016)
Ranked, LEADERSHIP Philadelphia Keepers & Connectors (2015)
Ranked, Best Philadelphian – Renaissance Man, Philadelphia Magazine (2014)
Ranked, Who’s Next: 18 Young Pennsylvanians Shaping Politics, BillyPenn.com (2014)
Boards
Board Member, Philadelphia Bar Association, Board of Governors (2025)
Board Member, Support Center for Child Advocates (2020–Present)
Board Member, CeaseFirePA (2017–2019)
Board Member, City of Philadelphia Millennial Advisory Board (2015, 2016)
Board Member, Young Involved Philadelphia (2012–2015)
Advisory Board Member, City of Philadelphia Mural Arts Program Advisory Board (2012–2015)
Board Member, Philadelphia City Planning Commission Advisory Board (2013–2015)
Board Member, Free Library of Philadelphia - Raven Society (2013, 2014)
Board Member, The Spruce Foundation Board (2012–2014)
Community
Committee Member, Philadelphia Bar Association, Large Firm Associate (2020–Present)
Partner, Truman National Security Project (2018, 2019)
Consultant, Committee of Seventy (2015–2017)
Member, Rich Negrin for District Attorney, Finance Committee (2016, 2017)
Policy Advisor, Joe Torsella for State Treasurer (2014–2016)