New York – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Barclays Bank PLC, as administrative agent and lead arranger in connection with $1 billion senior secured credit facilities, consisting of a $700 million revolving credit facility and a $300 million term loan facility for HealthSouth Corporation. HealthSouth Corporation is one of the nation's largest providers of post-acute healthcare services and an industry leader in home-based patient care.
Leveraged Finance partner John Cobb led the Paul Hastings team, which also included associates Danny Choi, Molly Vaughan and Soufi Mirfakhraei.
The Paul Hastings Leveraged Finance team consists of more than 100 lawyers focusing on key markets across Asia, Europe, Latin America, and the U.S. Our lawyers advise many of the largest and most sophisticated financial institutions around the world. The Leveraged Finance team recently advised on the financings for several high-profile deals, including the $4.75 billion financing for Bass Pro Group, LLC’s acquisition of Cabela’s Incorporated; the $575 million financing of GTCR’s strategic investment in Vivid Seats; the $2 billion refinancing for Gardner Denver, Inc.; the acquisition of DigitalGlobe, Inc. by MacDonald, Dettwiler and Associates; and the $9.45 billion acquisition of Energy Future Holdings by Sempra Energy.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.