Paul Hastings Helps Arrange $1B Accellent Financing Deal

Law360, New York (February 4, 2014, 7:52 PM EST) -- Paul Hastings LLP is representing the joint lead arrangers and joint bookrunners in the $1.1 billion financing obtained by private equity-backed medical device manufacturer Accellent Inc. for the acquisition of family-owned rival Lake Region Medical Inc., the firm said Tuesday.

The deal, which was announced Monday, is being financed through an $835 million senior secured first-lien term facility, a $75 billion senior secured first-lien revolving credit facility and a $220 million senior secured second-lien term facility through UBS AG, Stamford Branch, UBS Securities LLC and Goldman...
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