Goldman Sachs and Deutsche Bank Lead on $815 Million Suddenlink TLB Refinancing

October 27, 2016

London – Paul Hastings LLP, a leading global law firm, announced today that it has advised Goldman Sachs and Deutsche Bank as lead arrangers and bookrunners on the $815 million term loan B refinancing of Suddenlink’s existing term loan facilities. Suddenlink is the 7th largest US cable operator with approximately 1.5 million subscribers.

In June 2015 Paul Hastings advised JP Morgan and BNP Paribas in connection with the high yield bond and loan financing of Altice’s $9.1 billion acquisition of Suddenlink. In April 2016 Paul Hastings advised JP Morgan, Bank of America Merrill Lynch, Barclays, BNP Paribas, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, and RBC in connection with the $1.5 billion high yield bond refinancing of Suddenlink’s pre-existing term loan facilities.

The Paul Hastings team was led by partners Peter Schwartz and Luke McDougall, with associates Edward Holmes and Alicia Veglia.

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.