Paul Hastings Advised Initial Purchasers on PennyMac Financial Services’ $750 Million Notes Offering
Paul Hastings LLP advised the initial purchasers in connection with PennyMac Financial Services Inc.’s (NYSE: PFSI) offering of $750 million aggregate principal amount of 7.875% Senior Notes Due 2029. The company intends to use the net proceeds from the offering to repay a portion of its secured term notes due 2025 and for other general corporate purposes.
Global Finance partner Marc Lashbrook led the Paul Hastings team, which also included associates Cara Armani and Emily Entwistle and law clerk Emmanuel Davis.
With widely recognized elite teams across 18 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world's leading investment banks, asset managers and corporations.