Paul Hastings Advises Debt Financing Sources in CD&RS Acquisition of John Deere Landscapes
New York, NY - Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS AG, Stamford Branch as administrative agent in connection with a $250 million asset-based revolving credit facility, ING Capital LLC as administrative agent in connection with a $61.7 million term loan, and UBS Securities LLC, ING Capital LLC, HSBC Securities (USA) Inc., Natixis, New York Branch and Sumitomo Mitsui Banking Corporation as joint lead arrangers in connection with such credit facilities, the proceeds of which at closing were used to partially finance the acquisition of John Deere Landscapes LLC, a unit of Deere & Company’s Agriculture & Turf segment, by Clayton, Dubilier & Rice, LLC.
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