Paul Hastings Advised Lead Arrangers on $375 Million Term Loan B for Jones DesLauriers/Navacord
Paul Hastings LLP advised the lead arrangers of the $375 million term loan B for Jones DesLauriers Insurance Management, a wholly-owned subsidiary of Navacord Inc., a Madison Dearborn-backed commercial insurance brokerage and benefits provider. Proceeds from the term loan B were used to refinance the Company’s existing Canadian-dollar denominated term loan and for general corporate purposes.
Global Finance partner Marc Lashbrook and co-chair John Cobb led the Paul Hastings team, which also included associates Melanie Sedrish and Cara Armani.
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