NEW YORK – Paul Hastings LLP, a leading global law firm, represented Barclays Bank PLC as Administrative Agent and Collateral Agent to Lenders in a $260 million senior secured financing of Press Ganey Holdings, Inc., a leading provider of patient experience measurement, performance analytics and strategic advisory solutions for healthcare organizations.
The financing consisted of a $75 million senior secured revolving facility and a US$185 million senior secured term loan facility. The proceeds of the financing were used by the borrower primarily to refinance its existing credit facilities. The deal closed on July 31, 2015.
The Paul Hastings team was led by Leveraged Finance partner John Cobb, and included associates Marisa Sotomayor, Andrew Jenkinson, and Matthew Bartlett.
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.