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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.