NEWS
Paul Hastings Advises RBC Capital Markets, Barclays, Morgan Stanley, UBS, BNP Paribas, Crédit Agricole CIB and Deutsche Bank on Financing for Stonepeak’s Acquisition of Forgital
February 18, 2025
Paul Hastings LLP advised a syndicate of initial purchasers led by RBC Capital Markets, including Barclays, Morgan Stanley, UBS, BNP Paribas, Crédit Agricole CIB and Deutsche Bank, in connection with the successful offering of $825 million of senior secured fixed rate notes due 2032 in connection with Stonepeak’s acquisition of Forgital. The financing also consisted of a new €125 million (equivalent) multicurrency revolving credit facility provided by certain affiliates of the initial purchasers.
Stonepeak is a leading investment firm specializing in infrastructure and real assets. Forgital is a top manufacturer of advanced forged and machine-finished components for aerospace and industrial end markets.
Global finance partners Patrick Bright, Mo Nurmohamed and Rob Davidson led the Paul Hastings team, which also included associates Fabio Pazzini, Bernard Lung, Pierfrancesco Benedetti, Ioanna Droussiotou and Tommaso d'Andrea di Pescopagano.
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.