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Paul Hastings Represents RBC in Amendment of Credit Facility For Saxon Enterprises

December 02, 2011


New York, NY
(December 02, 2011) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada, as administrative agent, and RBC Capital Markets, HSBC Bank Canada and UBS Securities LLC as arrangers, in connection with an amendment of the existing senior secured credit facility for Saxon Enterprises LLC and its affiliate borrowers, and such borrowers' exercised draw of $75 million of new commitments under the existing incremental revolving facility and $75 million of additional new revolving facility and term loan facility commitments.

Leveraged finance partner Michael Baker led the Paul Hastings team, which also included associates Joseph Fastiggi and Shafiq Perry.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.