Paul Hastings Advises Dubai World Subsidiary Infinity World Development Corp. in CityCenter $1.78 Billion Refinancing
Palo Alto, CA -- Paul Hastings LLP, a leading global law firm, announced today that it represented Infinity World Development Corp., a wholly owned subsidiary of Dubai World, in connection with a successful $1.78 billion refinancing package for CityCenter Holdings, LLC, a 50/50 joint venture of Infinity World and MGM Resorts International.
The refinancing of CityCenter Holdings LLC consists of a $1.7 billion term loan that matures in 2020, as well as a $75 million revolving credit facility that comes due in 2018.
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