New York, NY
(February 21, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented RBC Capital Markets and Fifth Third Bank as joint bookrunners and joint lead arrangers in connection with senior secured credit facilities in favor of Vantage Specialty Chemical, Inc., a specialty chemicals company. The financing was in connection with the acquisition of Vantage Specialty Chemical, Inc. by The Resolute Fund II, LP, an affiliate of The Jordan Company, a New York-based private equity firm, from H.I.G in January.
The financing consisted of a $240 million term loan and a $60 million revolving loan facility.
Leveraged Finance partner Michael Baker
led the Paul Hastings team, which also included of counsel Randal Palach
and associates Shekhar Kumar
and Josh Klayman
. 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.