Paul Hastings Advises on High-Yield Bond for Petra Diamonds
London - Paul Hastings LLP, a leading global firm, has announced that it advised Petra Diamonds on a $300 million high-yield bond offer, which closed today. Petra Diamonds is a rough diamond producer quoted with a premium listing on the Main Market of the London Stock Exchange and is a constituent of the FTSE 250.
The Paul Hastings team was led by London partner
“We are very happy to have advised on this transaction for a high-profile issuer on its debut bond issuance," said Mr. Schwartz. "The innovative nature of the transaction – one of the few silent-second lien debt issuances and one of the only high-yield bond issuances in the EMEA natural resources sector this year – demonstrates our continued strength and expertise in natural resources high yield.”
Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.