New York, NY- Paul Hastings, a leading global law firm, announced today that the firm represented UBS AG as administrative agent, joint lead arranger and joint bookrunner in a $60 million dollar ABL credit agreement in connection with the financing of Apollo Global Management LLC (APO) and C. Dean Metropoulos & Co.’s purchase of certain assets related to the manufacturing and distribution of snack products from Hostess Brands, Inc.
The total financing also included a term loan of $450 million, in which Credit Suisse was the lead agent.
Leveraged Finance partners Richard Farley and Mario Ippolito led the Paul Hastings team, which also included associates Melissa Muscat, Joseph Fastiggi and Felicia Yen.
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.