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Paul Hastings Advises Atlas SP in $175 Million Revolving Warehouse Credit Facility for World Acceptance Corporation

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Paul Hastings LLP advised Atlas SP as structuring agent and lender in connection with an inaugural $175 million revolving warehouse credit facility for World Acceptance Corporation, a publicly traded consumer finance company based in Greenville, South Carolina. The facility is secured by consumer loan receivables originated by certain subsidiaries of the company.

Asset-Backed Finance co-chair Shawn Kodes and partner Matthew Nemeth led the Paul Hastings team, which also included Asset-Backed Finance associates Graham Rotenberg and Daniel Siegel and tax partner Daniel Nicholas.

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