New York - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Bank of America, N.A., as administrative agent and lead arranger with respect to a $1,050,000,000 term loan facility for Xperi Holding Corporation (NASDAQ: XPER) in connection with the merger of Xperi Corporation and TiVo Corporation (each of which will continue as subsidiaries of Xperi Holding Corporation, the publicly traded parent). Xperi Holding Corporation is a digital entertainment technology platform with one of the industry’s largest and most diverse intellectual property licensing platforms.
The Paul Hastings team was led by partner Marisa Sotomayor, which also included of counsel Kris Villarreal; and associates Katherine Forer, Daniel Ovadia, and Melanie Sedrish.
The Paul Hastings Leveraged Finance team consists of 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. The Leveraged Finance team recently advised on several high-profile financing deals, including the $3 billion financing announced for Bain’s acquisition of Kantar from WPP; the $2.2 billion financing of the acquisition of Campbell Soup’s international operations by KKR; £2.5 billion financing announced for Advent’s acquisition of Cobham and Starwood Energy’s $1.23 billion acquisition of combined-cycle gas turbine power plants from Dominion Energy.
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.