Paul Hastings Advises Wells Fargo Capital Finance on Technicolor Credit Facility
Los Angeles (June 15, 2010) - Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that the firm represented Wells Fargo Capital Finance, LLC, part of Wells Fargo & Company (NYSE: WFC), on its credit facility to certain U.S. subsidiaries of Technicolor SA, a French technology and media company.
Certain U.S. subsidiaries of Technicolor SA signed a $125 million three year credit facility, secured by the subsidiaries receivables, with Wells Fargo Capital Finance. The credit facility was contemplated in connection with Technicolor SAs debt restructuring in France, which Technicolor SA closed in late May.
John Hilson, chair of the Finance and Restructuring practice, led the Paul Hastings team, which included London partner Keith Wilson, Paris partner Sandra Esquiva-Hesse, of counsel Jennifer Hildebrandt, and associate Connie Chilton.
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