New York, NY-- Paul Hastings LLP, a leading global law firm, announced today that it represented General Electric Capital Corporation, as agent and sole lender in connection with a $70 million senior credit facility for Shop Vac Corporation, a leading manufacturer of wet/dry vacuum cleaners. The credit facility will be used for working capital and general corporate purposes, and to support the company’s international growth.
Leveraged Finance partner Mario J. Ippolito led the Paul Hastings team, which also included associate Tahira Prince.
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.