Paul Hastings Represents BNP Paribas in the Sale of its North American Reserve-Based Energy Lending Unit to Wells Fargo

July 16, 2012

Houston, TX (July 16, 2012) - Paul Hastings LLP, a leading global law firm, announced today that the firm represented BNP Paribas in the sale of its North American reserve-based energy lending unit to Wells Fargo Bank. The loan portfolio sold pursuant to this transaction consisted of $9.5 billion of total loan commitments.

Finance partner Paris Theofanidis led the Paul Hastings team, which also included associates R. Cramer Miller, Elizabeth Dryden, Emily Pittman and Behrouz Kianian.

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