SiteOne Landscape Supply Completes Refinancing and Upsize of Term Loans

August 15, 2018

New York – Paul Hastings LLP, a leading global law firm, announced today that the firm represented UBS AG, Stamford Branch, as administrative agent and collateral agent and UBS Securities LLC as left lead arranger in connection with SiteOne Landscape Supply’s (NYSE:SITE) refinancing of approximately $347 million of existing term loans and an additional incremental upsize of $100 million of new term loans. Goldman Sachs Bank USA, ING Capital LLC, HSBC Securities (USA) Inc., JPMorgan Chase Bank, N.A., Deutsche Bank Securities Inc., and Natixis, New York Branch also acted as lead arrangers.

SiteOne Landscape Supply is the largest and only national wholesale distributor of landscape supplies in the United States and has a growing presence in Canada. Its customers are primarily residential and commercial landscape professionals who specialize in the design, installation and maintenance of lawns, gardens, golf courses and other outdoor spaces.

Leveraged Finance partner Mario Ippolito led the Paul Hastings team, which also included associates Mitchell Zuckerman and Melanie Sedrish.

The Paul Hastings Leveraged Finance team has advised on the financings for several high-profile deals, including the £1 billion acquisition of Laird PLC by Advent International; the $3.55 billion financing in connection with Meredith Corporation’s acquisition of Time Inc.; the $4.75 billion financing for Bass Pro Group, LLC’s acquisition of Cabela’s Incorporated; the $575 million financing of GTCR’s strategic investment in Vivid Seats; the $907 million financing for Compass Power Generation, L.L.C., a portfolio company of Starwood Energy Group Global, LLC; the $1.25 billion financing for Dynegy Inc.; and the $9.45 billion acquisition of Energy Future Holdings by Sempra Energy.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.