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NEWS

Paul Hastings Advises Bank of America and Morgan Stanley on $4.5 Billion Committed Bridge Financing for Vertex’s $10 Billion Acquisition of Crinetics

July 06, 2026

Paul Hastings LLP is representing Bank of America and Morgan Stanley in providing $4.5 billion committed bridge financing to support Vertex Pharmaceuticals Inc.’s $10 billion acquisition of Crinetics Pharmaceuticals Inc.

Global Finance partner Morgan Bale is leading the Paul Hastings team, which includes Global Finance partner Kris Villarreal, Capital Markets partner Jeff Ramsay, M&A partner Steve Camahort and associates Andrew Barondess, Monica Han and Connor Macleod.

More details on the transaction can be found here.

About Paul Hastings

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.

Practice Areas

Global Finance

Mergers & Acquisitions

Securities & Capital Markets


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