News

Paul Hastings Advises Banks on Financing for Innocor Acquisition

New York – Paul Hastings LLP, a leading global law firm, announced today that the firm advised certain of the debt financing providers in connection with the acquisition by Bain Capital Private Equity, LP of Innocor Inc., a producer of advanced foam products for commercial and retail channels.  The firm represented Barclays Bank PLC and Wells Fargo Bank, N.A. as the lead arrangers for committed first lien and asset-based facilities, respectively.  Barclays is also a joint lead arranger for committed second lien facilities.

Leveraged Finance partners

,

William Schwitter

,

Jennifer Yount

and

Peter Burke

led the Paul Hastings team, along with associates Marisa Sotomayor,

Molly Vaughan

, and

Ruby Yang

.

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. Paul Hastings is among a small number of firms that can be relied upon to handle complex deals involving numerous parties. The Leveraged Finance team recently advised on several high-profile deals, including

of Cabela’s Incorporated,  the

$1.9 billion financing for Gulf Oil

, the $4.3 billion repricing of a senior secured term loan for PetSmart, the $442.5 million first lien credit facility for XIO Group’s acquisition of J.D. Power and Associates, and the $535 million refinancing of existing credit facilities and dividend recapitalization for Vivid Seats LLC.

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.