Paul Hastings Represents RBC Capital Markets and BMO Capital Markets in $250 Million Renaissance Learning Refinancing
New York, NY
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Royal Bank of Canada as administrative agent and collateral agent and RBC Capital Markets and BMO Capital Markets Corp. as joint lead arrangers in connection with Renaissance Learning, Inc.s $250,000,000 senior secured facilities. The financing consisted of a $230,000,000 term loan facility and a $20,000,000 revolving loan facility, the proceeds of which were used to refinance Renaissance Learning, Inc.s existing senior secured facilities and pay related fees and expenses.
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