NEWS
Barclays and Deutsche Bank Finance MKS Instruments Inc.’s Acquisition of Newport Corporation
May 02, 2016
NEW YORK – Paul Hastings LLP, a leading global law firm, represented Barclays Bank PLC (“Barclays”), as initial lender and agent under a $780 million term loan facility, and Deutsche Bank AG New York Branch, as initial lender and agent, and Barclays and HSBC Bank USA, N.A., as initial lenders under a $50 million asset-based credit facility, both to MKS Instruments Inc. (“MKS”). The proceeds of the term loan facility will be used as partial consideration for the acquisition of Newport Corporation by MKS.
The Paul Hastings team was led by Leveraged Finance partner John Cobb, and included of counsel Benjamin Cheng, and associates Marisa Sotomayor, Julie Park and Matt Bartlett.
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.
Practice Areas
Leveraged & Syndicated Lending
SIGN UP FOR NEWS INSIGHTS
MEDIA CONTACTS
Corporate, Litigation, Real Estate, Intellectual Property, Life Sciences, and Employment
Becca Hatton