– Paul Hastings LLP, a leading global law firm, represented Bank of Montreal as Administrative Agent and Collateral Agent to Lenders in a $450 million senior secured facility to finance Boulevard Acquisition Corp.’s purchase of AgroFresh Inc. from The Dow Chemical Company. AgroFresh Inc. is a global agricultural innovator in proprietary technologies that preserve the quality and value of fresh produce.
The financing consisted of a US$25 million senior secured revolving facility and a US$425 million senior secured term loan facility. The transaction closing date was July 31, 2015.
The Paul Hastings team was led by Leveraged Finance partner Richard Farley
, and included of counsel Benjamin Cheng
and associates Danny Choi
and Andrew Jenkinson
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.