NEWS
UBS Provides Incremental Financing to Vencore
June 17, 2016
New York, NY – Paul Hastings LLP, a leading global law firm, represented UBS AG, Stamford Branch as administrative agent and UBS Securities LLC as lead arranger in connection with Vencore, Inc.'s $181.9 million incremental first lien term loan facility and $129.2 million incremental second lien term loan facility. Vencore is a leading provider of high impact, analytical and technical expertise for the U.S. Government and commercial customers.
The proceeds of the term loans are to be used to repay existing subordinated indebtedness and pay a special dividend to equity holders of Vencore.
The Paul Hastings team was led by Leveraged Finance partner Sanjay Thapar, and included associates Mitchell Zuckerman, Cecilia Wang and Justin Kim.
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.
Practice Areas
Leveraged & Syndicated Lending
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Becca Hatton