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Bass Pro Shops Secures $4.745 Billion Loan; Finalizes Acquisition of Cabela’s

September 25, 2017

New York -  Paul Hastings LLP, a leading global law firm, represented Bank of America, N.A., Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman Sachs Lending Partners LLC, RBC Capital Markets and UBS Securities LLC, as lead arrangers and bookrunners, and Bank of America, N.A. and Wells Fargo Bank, National Association, as administrative agents, in connection with $4,745,000,000 in term loan and asset-based revolving credit facilities for Bass Pro Group, LLC’s acquisition of Cabela’s Incorporated. In connection with today’s closing, the term loan proceeds were released from the escrow that was funded in December 2016 and used to pay the acquisition consideration and other related transaction expenses. Bass Pro and Cabela’s are leading retailers of hunting, fishing, camping and related outdoor recreation merchandise.

The Paul Hastings team was led by partner

, along with partners , , , ,  and ; of counsel ; and associates , , ,  and .

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 the financings for several high-profile deals, including the $575 million financing of GTCR’s strategic investment in Vivid Seats; the $2 billion refinancing for Gardner Denver, Inc.; the acquisition of DigitalGlobe, Inc. by MacDonald, Dettwiler and Associates; 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.

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