Array Canada Inc. Closes $275 Million Financing for Dividend Recapitalization
New York, NY - Paul Hastings, a leading global law firm, announced today that the firm represented UBS Securities LLC, BMO Capital Markets Corp. and TD Securities (USA) LLC as lead arrangers for the financing of a dividend to stockholders of Array Canada Inc., a leading provider of in-store marketing services and displays.
The financing consisted of a US$275 million first lien term facility and a US$40 million multicurrency first lien revolving facility. The transaction closed on February 10, 2017.
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