Paul Hastings Represents Initial Purchasers in US$375 Million Senior Secured Notes Offering by Reliance Intermediate Holdings LP

March 25, 2015

New York, NY -- Paul Hastings LLP, a leading global law firm, represented Barclays and RBC Capital Markets as the initial purchasers in connection with the Rule 144A / Reg S offering of US$375 million 6.50% senior secured notes due 2023 of Reliance Intermediate Holdings LP, a parent holding company of Reliance LP, a leading supplier of home infrastructure including heating, ventilation and air conditioning systems and related services to homeowners primarily in Ontario, Canada. Paul Hastings also represented Barclays as dealer manager and solicitation agent in connection with the concurrent tender offer and consent solicitation by Reliance Intermediate Holdings LP with respect to all of its US$350 million 9.50% senior notes due 2019.

Leveraged Finance partner John Cobb led the Paul Hastings team, which also included associates Jason Ewart, Joseph Fastiggi, Molly Vaughan and Sean Murray.