New York, NY--
Paul Hastings LLP, a leading global law firm, is representing UBS AG, Stamford Branch, UBS Securities LLC and Goldman Sachs Bank USA as joint lead arrangers and joint bookrunners in the financing of Lake Region Medical Inc.’s acquisition by Acellent Inc., a leading provider of fully integrated outsourced manufacturing and engineering services to the medical device industry.
Lake Region Medical is an Original Development Manufacturer (ODM) of minimally invasive devices and delivery systems to the cardiology and endovascular market. The financing consists of a $835 million senior secured first lien term facility, a $75 million senior secured first lien revolving credit facility, and a $220 million senior secured second lien term facility.
Leveraged Finance partners Mike Michetti
, Joel Simon
and Jeffrey Pellegrino
are leading the Paul Hastings team, which also includes associates Sung Ho (Danny) Choi
, Shekhar Kumar
, Andrew Roop
, Valerie Silverman
, Katherine Forer, Sergey Milyukov and Steven Jean. 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.