News

Barclays Provides $750 Million Acquisition Financing for MKS Instruments

October 30, 2018

New York - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Barclays Bank PLC, among others, as joint lead arrangers and bookrunners with respect to a $650,000,000 term loan credit facility and $100,000,000 asset-based revolving credit facility to be provided in connection with the proposed acquisition of Electro Scientific Industries, Inc. by MKS Instruments, Inc., a global provider of instruments, subsystems and process control solutions.

Finance partners

John Cobb

and

Katherine Bell

led the Paul Hastings team, which also included of counsel

Seth Chandler

and associates

Matt Bartlett

and

Homin Lee

The Paul Hastings Leveraged Finance team has advised on the financings for several high-profile deals, including the £1 billion acquisition of Laird PLC by Advent International; the $3.55 billion financing in connection with Meredith Corporation’s acquisition of Time Inc.; two credit facilities of nearly $4 billion combined for PBF Energy; the $650 million financing and concurrent tender offer for Calfrac Holdings LP; the $907 million financing for Compass Power Generation, L.L.C., a portfolio company of Starwood Energy Group Global, LLC; the $1.25 billion financing for Dynegy Inc.; and the $9.45 billion acquisition of Energy Future Holdings by Sempra 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.