Paul Hastings Advises Debt Financing Sources in Advent Internationals acquisition of AOT Bedding Super Holdings

October 03, 2012

New York, NY - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Morgan Stanley Senior Funding, Inc. as administrative agent in connection with a $1.31 billion term loan and UBS AG, Stamford Branch as administrative agent in connection with a $225 million asset-based revolving credit facility, and Morgan Stanley Senior Funding, Inc., Deutsche Bank Securities Inc., Goldman Sachs Bank USA, UBS Securities LLC, Barclays Bank PLC, Jefferies Finance LLC and Royal Bank of Canada as arrangers in connection with such credit facilities, the proceeds of which at closing were used to partially finance the acquisition of AOT Bedding Super Holdings, LLC, the parent company of Serta mattress manufacturer National Bedding Company L.L.C. and Simmons mattress manufacturer Simmons Bedding Company, by Advent International Corporation.

Leveraged Finance partners Michael Chernick, Mario Ippolito and Michael Michetti led the Paul Hastings team, which also included of counsel Sanjay Thapar and associates Joseph Fastiggi, Edward Holmes, Julie Park, Valerie Silverman and Heidi Spalholz.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.