Paul Hastings’ Premier High Yield Platform Advises on $1.2 Billion of Debut High Yield Deals in the Healthcare Sector

November 10, 2020

New York – Paul Hastings continues its momentum as a leading global high yield platform closing dozens of complex high yield bond deals in the US, Europe, Latin America and Asia for investment banks and issuers and is one of only a handful of Chambers-ranked platforms for High Yield Products.

Most recently, Paul Hastings represented leading banks in two debut high yield deals totaling $1.2 billion in aggregate principal amount. The Firm represented Jefferies, Deutsche Bank and BofA along with other initial purchasers in connection with the debut $500 million offering of 5.875% senior notes by The Providence Service Corporation to finance the acquisition of the Simplura Group, and Barclays and BBVA along with other initial purchasers in connection with the debut $700 million offering of 7.25% senior secured notes by Prime Healthcare Services, Inc. to refinance existing indebtedness and for general corporate purposes.

With 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.

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.