Paul Hastings Advises Lenders in Financing Apollos Acquisition of Chuck E. Cheeses Operator

February 14, 2014

New York, NY-- Paul Hastings LLP, a leading global law firm, represented Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley Senior Funding, Inc. and UBS Securities LLC as joint lead arrangers in the financing for the US$1.3 billion acquisition by Apollo Global Management of CEC Entertainment, Inc., which operates 577 Chuck E. Cheese’s restaurants.

The financing consisted of a US$760 million first lien term facility and a US$150 million first lien revolver, each led by Deutsche Bank, and a US$248.5 million senior unsecured bridge facility led by Credit Suisse.

Leveraged Finance partner Richard Farley led the Paul Hastings teams, which also included Leveraged Finance partners Michael Baker, Randal Palach and associates Ursula Mackey, Seth Chandler, Ed Holmes, Andrew Roop, Tahira Prince, and Cecilia Wang.

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.