New York - Paul Hastings LLP, a leading global law firm, represented Guggenheim Credit Services as administrative agent and lead arranger in connection with a $105 million first priority senior secured term loan for Franchise Group, Inc.’s acquisition of Sears Hometown's Outlet business. The transaction, valued at approximately $131 million, and related debt financing both closed on October 23, 2019.
The Paul Hastings team was led by partners Jennifer Yount and Andres Mena, of counsel Christopher Ross; attorney Melissa Schwartz; associates George Komnenos and Adam Rose; and Liam Faught.
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.