Overview
David L. Barash is a partner in the Global Finance practice of Paul Hastings and is based in the firm’s New York office.
Mr. Barash’s practice primarily focuses on advising leading investment banks, institutional investments funds, and commercial banks in public and private financing transactions, including high yield and investment grade debt offerings, equity offerings, mezzanine financings, unitranche financings, and leveraged loan financings. He has represented the financing sources in a number of acquisitions, including the acquisition of Nielsen Holdings by investors lead by affiliates of Elliot Management and Brookfield Business Partners, the acquisition of Kindred Healthcare by TPG, the acquisition of U.S. Renal Care by Bain Capital, the acquisition of Tim Horton’s by Burger King, the acquisition of Jos. A. Bank by Men’s Wearhouse, the acquisition of Dell by Michael Dell and Silver Lake Management, and the acquisition of Team Health by Blackstone.
Mr. Barash advises on the high-yield bond and leverage loan sides of both large-cap and middle market acquisition financings and refinancings and has practiced in a variety of industries such as telecommunications, retail, healthcare, technology, transportation, financial services, industrials, and real estate.
Mr. Barash is recognized for Banking & Finance in New York by Chambers USA, where clients note that he is “a superb technical lawyer,” “very smart, thoughtful and commercial,” and “exceptionally hardworking and zealous for his clients."
Recognitions
- Chambers USA, Banking & Finance – New York (2024)
- IFLR1000 US, Notable Practitioner, Capital Markets: Debt, Equity, and High-Yield
Education
- Brooklyn Law School, J.D. (cum laude), 2007
- University of Michigan, B.A., 2004
Representations
- Advised the financing sources in Bain Capital's $4.5 billion take-private acquisition of Envestnet, a leading wealth management technology company.
- Represented Barclays and the other initial purchasers in connection with Surgery Partners’ $800 million high yield senior notes offering.
- Represented Goldman Sachs in Thoma Bravo’s $5.3 billion take-private acquisition of UK-based AI cybersecurity company Darktrace.
- Represented the lead arrangers on the $5.6 billion financing for the investment by KKR in healthcare data analytics firm Cotiviti, joining existing investor Veritas Capital.
- Represented Bank of America and the other joint lead arrangers in connection with the refinancing of energy consulting services firm Wood Mackenzie’s $1.465 billion credit facilities.
- Represented Jefferies and other joint lead arrangers in connection with the refinancing of short-stay surgical facility Surgery Partners’ $2.1 billion senior secured credit facilities.
- Represented the financing sources in connection with the $16 billion take-private of Nielsen Holdings by investors led by affiliates of Elliott Investment Management and Brookfield Business Partners.
- Represented the lead arrangers in $3.895 billion in acquisition financings for Kindred Healthcare Inc.
- Represented the lead arrangers in $2.6 billion of credit facilities for First Huntingdon Finance Corp.
- Represented the lead arrangers in a $1.175 billion credit facility for Asurion.
- Represented the lead arrangers in connection with a $825 million Term B credit facility and $225 million of asset based revolving facilities for AHP Health Partners, Inc. and certain of its subsidiaries.
- Represented lead arrangers in $2.15 billion of credit facilities to finance the acquisition of Blackhawk Network Holdings by Silver Lake and P2 Capital Partners.
- Represented the lead arrangers in $1.91 billion in credit facilities for Mavis Tire Express Services Corp. to finance the acquisition of Mavis Tire by Express Oil Change and Tire Engineers.
- Represented the lead arrangers in connection with $3.175 billion in credit facilities for the $6.1 billion acquisition of Team Health Holdings Inc. by funds affiliated with private equity firm Blackstone.
- Represented the initial purchasers in connection with a Rule 144A offering of $650 million aggregate principal amount of 9.290% senior secured notes due 2029 by Neptune BidCo US Inc. (Nielsen).
- Represented the administrative agent in connection with a $500 million Term B credit facility and a $50 million super priority revolving credit facility for ATI Holdings Acquisition, Inc.
- Represented the lead arrangers and the administrative agent in connection with a $1.6 billion term loan B credit facility, a $150 million revolving credit facility, and an offering of $505 million aggregate principal amount 10.625% senior notes due 2027 for BCPE Cycle Merger Sub II, Inc., which was merged with and into U.S. Renal Care, Inc.
- Represented the initial purchasers in connection with a Rule 144A offering of $500 million aggregate principal amount of 4.625% senior notes due 2030 by US Foods, Inc.
- Represented the initial purchasers in connection with a Rule 144A offering of $500 million aggregate principal amount of senior notes by Clean Harbors, Inc.
- Represented lead arrangers in connection with a Rule 144A offering of $500 million aggregate principal amount of 6.750% Senior Notes due 2025 by Tempo Acquisition, used for the acquisition of Aon’s technology-enabled benefits & cloud-based human resource services platform by funds affiliated with private equity firm Blackstone.
- Represented the initial purchasers in connection with a Rule 144A offering of $400 million aggregate principal amount of 4.375% senior notes due 2032 by The Scotts Miracle-Gro Company.
- Represented the initial purchasers in connection with a Rule 144A offering of $125 million aggregate principal amount of 6.375% senior secured notes due 2026 by U.S. Acute Care Solutions.
- Represented the financing sources in nearly $50 billion of new debt financing that backed the landmark acquisition of EMC Corporation by Dell Inc., in a transaction valued at approximately $67 billion.
*Matters may have been completed before joining Paul Hastings.