NEWS
Paul Hastings Represents Lenders in Closing the Financing of Southwires Acquisition of Coleman Cable, Inc
February 18, 2014
New York, NY-- Paul Hastings LLP, a leading global law firm, announced today that it is represented Bank of America, N.A., Wells Fargo Securities, LLC, Wells Fargo Bank, National Association, BMO Capital Markets and Macquarie Capital as joint lead arrangers and joint bookrunners of the debt facilities incurred by Southwire Company in connection with its acquisition of Coleman Cable, Inc. The debt facilities consist of a $750 million senior secured term loan facility and a $1.0 billion senior secured asset-based revolving facility. Southwire and Coleman are both leading manufacturers of wire and cable products for construction, industrial and consumer applications.
Leveraged Finance partners Michael Michetti, Michael Baker, Jennifer Yount and Peter Burke led the Paul Hastings team, which also included of counsel Jennifer Hildebrandt and Sanjay Thapar and associates Christopher Ross, Joanne Yang, Julie Park and Katherine Forer.
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.
Practice Areas
Leveraged & Syndicated Lending
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Becca Hatton