Paul Hastings Advises on Financing KKR's $3.9 Billion Acquisition of Gardner Denver

August 01, 2013

New York, NY-- Paul Hastings LLP, a leading global law firm, announced today that the firm advised the banks in connection with the financing of private equity firm KKR’s $3.9 billion acquisition of Gardner Denver, Inc., a worldwide manufacturer of highly engineered products.

Paul Hastings represented UBS Securities LLC, Barclays Bank PLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Mizuho Bank, LTD., RBC Capital Markets, Macquarie Capital (USA) INC., HSBC Securities (USA) Inc. KKR Capital Markets LLC and Sumitomo Mitsui Banking Corporation as arrangers and UBS AG, Stamford Branch as administrative agent in connection with a U.S. $1.9 billion term loan, a €400 million term loan and a $400 million cash flow revolving facility, the proceeds of which at closing were used to partially finance the acquisition of Gardner Denver, Inc. by KKR.

Leveraged Finance partner Mike Michetti led the Paul Hastings team, which also included partner Michele Cohen, of counsel Sanjay Thapar and associates Heidi Spalholz, Andrew Roop and Mitchell Zuckerman.

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.