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Paul Hastings Advises Blackstone, Ares and PSP in the Debt Financing for Thoma Bravo’s $6.6 Billion Acquisition of Stamps.com

July 09, 2021

New York  Paul Hastings LLP, a leading global law firm, announced today that the firm represented Blackstone Credit, Ares Corporation and PSP Investments Credit II USA LLC on the debt financing in connection with Thoma Bravo’s definitive agreement to acquire Stamps.com for $6.6 billion.

Leveraged Finance partners Michele Cohen and Shekhar Kumar led the Paul Hastings team, which also included partner Danny Choi; of counsel Kristopher Villarreal; and associates Mitchell Zuckerman, Annie Zhao, Phillip Chang, and Ara Dungca.

The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions, including approval by Stamps.com stockholders and receipt of regulatory approvals.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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