left-caret
News

News

Paul Hastings Advises Houlihan Lokey in Network Communications Debt Exchange Offer

January 10, 2011

New York, NY (January 10, 2010) - Paul, Hastings, Janofsky & Walker LLP, a leading global law firm, announced today that the firm represented Houlihan Lokey Inc. as exclusive dealer-manager for Network Communications, Inc.s $300 million out-of-court balance sheet restructuring and debt exchange offer, which closed on January 7, 2011.

Under the transaction, Network Communications extended and amended the companys existing revolving loan and term loan facilities, cancelled approximately $25 million in senior subordinated notes and exchanged approximately $175 million in senior notes for $45 million in new senior subordinated pay-in-kind notes and common stock.

Corporate partner

led the Paul Hastings team, which included associate .

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit

for more information.

Practice Areas


SIGN UP FOR NEWS INSIGHTS

MEDIA CONTACTS

Firmwide Inquiries
Arielle Lapiano
Submission Requests
Alan Wright
Corporate, Litigation, Real Estate, and Tax
Scott Wasserman
Intellectual Property, Life Sciences, and Employment
Becca Hatton
Europe
Rostrum