NEWS
Barclays and Deutsche Bank Provide Financing for the Acquisition of Newport Corporation by MKS Instruments Inc.
February 26, 2016
NEW YORK – Paul Hastings LLP, a leading global law firm, is representing Barclays Bank PLC, Deutsche Bank AG New York Branch and Deutsche Bank Securities Inc. as lead arrangers and initial lenders in connection with a committed $800 million term loan facility and a $50 million asset-based revolving facility for the purposes of financing the acquisition of Newport Corporation by MKS Instruments Inc., a provider of instruments that measure and control steps along the manufacturing process for products such as semiconductor devices and flat-panel displays.
The Paul Hastings team is led by Leveraged Finance partner John Cobb, and includes of counsel Benjamin Cheng, and associates Marisa Sotomayor, Julie Park and Matthew 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
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Becca Hatton