NEW YORK – Paul Hastings LLP, a leading global law firm, represented Barclays Bank PLC (“Barclays”), as initial lender and agent under a $780 million term loan facility, and Deutsche Bank AG New York Branch, as initial lender and agent, and Barclays and HSBC Bank USA, N.A., as initial lenders under a $50 million asset-based credit facility, both to MKS Instruments Inc. (“MKS”). The proceeds of the term loan facility will be used as partial consideration for the acquisition of Newport Corporation by MKS.
The Paul Hastings team was led by Leveraged Finance partner John Cobb, and included of counsel Benjamin Cheng, and associates Marisa Sotomayor, Julie Park and Matt Bartlett.
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