Barclays, BMO Capital, Deutsche Bank and Jefferies Serve as Bookrunners on $560 Million Notes Offering for Aveanna Healthcare

November 25, 2019

New York - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Barclays Bank PLC and BMO Capital Markets, as joint physical bookrunners, and Deutsche Bank and Jefferies as joint bookrunners, with respect to an offering of $560,000,000 principal of 9.750% senior secured notes to fund the proposed acquisition of the home healthcare division of Maxim Healthcare Services by Aveanna Healthcare. The first-lien notes, which priced on November 22, are due 2026.

Finance partner John Cobb led the Paul Hastings team, which also included of counsels Danny Choi and James Shea; and associates Jackie Leopold, Bianca Lee, Ken Hagan, Jordan Hook, Max Neumann and Taylor Davis.

The Paul Hastings Leveraged Finance team consists of more than 100 lawyers focusing on key markets across Asia, Europe, Latin America, and the U.S. Our lawyers advise many of the largest and most sophisticated financial institutions around the world. Paul Hastings is among a small number of firms that can be relied upon to handle complex deals involving numerous parties. The Leveraged Finance team recently advised on several high-profile financing deals, including the $3 billion financing announced for Bain’s acquisition of Kantar from WPP; the $2.2B financing of the acquisition of Campbell Soup’s international operations by KKR; £2.5 billion financing announced for Advent’s acquisition of Cobham and Starwood Energy’s $1.23 billion acquisition of combined-cycle gas turbine power plants from Dominion Energy.
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.