Paul Hastings Represented Bank of Montreal in Senior Secured Financing for AgroFresh
NEW YORK – Paul Hastings LLP, a leading global law firm, represented Bank of Montreal as Administrative Agent and Collateral Agent to Lenders in a $450 million senior secured facility to finance Boulevard Acquisition Corp.’s purchase of AgroFresh Inc. from The Dow Chemical Company. AgroFresh Inc. is a global agricultural innovator in proprietary technologies that preserve the quality and value of fresh produce.
The financing consisted of a US$25 million senior secured revolving facility and a US$425 million senior secured term loan facility. The transaction closing date was July 31, 2015.
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