Los Angeles, CA -- Paul Hastings LLP
, a leading global law firm, announced today that the firm represented City National Bank in its role as a lender for Health Care REIT Inc., a leading investor in health care and senior living real estate. The $2 billion senior credit facility for Health Care REIT Inc. is with a consortium of 31 banks, including City National Bank.
The $2 billion unsecured revolving credit facility replaced the companys $1.1 billion unsecured facility and will expire in July 2015. KeyBank National Association is the administrative agent for the credit facility.
Paul Hastings' finance and restructuring group partner Peter Burke
and of counsel Jennifer Hildebrandt
advised on the transaction. 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.