Paul Hastings Advised Jefferies, Barclays, BofA Securities, Deutsche Bank, Goldman Sachs, NatWest, and UBS on Cerdia’s $900 Million High Yield Bond and RCF Amendment

Paul Hastings LLP advised a syndicate of initial purchasers led by Jefferies, including Barclays, BofA Securities, Deutsche Bank, Goldman Sachs, NatWest, and UBS, in connection with the successful offering of $900 million of senior secured fixed rate notes due 2031 by Cerdia.

The financing also consisted of an amendment and extension to the revolving credit facility provided by certain affiliates of the initial purchasers. Cerdia is a Blackstone portfolio company and a leading global producer of filter tow and acetate flake.

Partners Patrick Bright, Ross Anderson, Karan Chopra, and Mo Nurmohamed led the Paul Hastings team, which also included associates Fabio Pazzini, Harry Lee, Haris Ahmed, Adnane Ayeb, Ioanna Droussiotou, and Tommaso d'Andrea di Pescopagano.

About Paul Hastings

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