Paul Hastings Advises Jefferies Finance in Financing Bain’s Acquisition of a 50 Percent Stake in TOMS

November 18, 2014

New York, NY- Paul Hastings LLP, a leading global law firm, represented Jefferies Finance LLC in connection with the financing of Bain Capital Partners, LLC’s acquisition of 50% of the membership interests in TOMS Shoes, LLC, a shoe company that matches every pair of shoes purchased with a pair of new shoes given to a child in need. Since then, TOMS's giving has grown to serve other basic needs. TOMS Eyewear gives sight to a person in need with every pair of eyewear purchased, and TOMS Roasting Co. gives one week of clean water to a person in need for every bag of coffee purchased.

The firm represented Jefferies Finance LLC, as administrative agent, lead arranger and bookrunner, in connection with a $306.5 million term loan credit facility and Bank of America, N.A., as administrative agent, and Merrill Lynch, Pierce, Fenner & Smith Incorporated and Jefferies Finance LLC, as joint lead arrangers and joint bookrunners, in connection with a $60 million asset-based revolving credit facility for TOMS Shoes, LLC.

Leveraged Finance partners Michael Chernick and Mario Ippolito led the Paul Hastings team, which also included associates Jared Bryant, Paul Henesy and Cecilia Wang.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions, Fortune 500 companies, and other leading global companies. Please visit www.paulhastings.com for more information