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Paul Hastings Represents SunTrust in Financing Avista Partners Acquisition of Telular Corporation

June 24, 2013
New York, NY - Paul Hastings LLP, a leading global law firm, announced today that the firm represented SunTrust Robinson Humphrey, Inc. as lead arranger and SunTrust Bank as administrative agent for the senior secured financing of Avista Partners’ acquisition of Telular Corporation.

The senior secured financing consists of a $112.5 million first lien senior secured term loan and revolving credit facility and a $37.5 million second lien senior secured term loan facility.

Leveraged Finance partners Michael Chernick and William Schwitter led the Paul Hastings team, which also included associates Joseph Fastiggi and Valerie Silverman.

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.