NEWS
Paul Hastings Advised Wells Fargo Bank, N.A. in Split-Lien Financing for Skullcandy, Inc.
June 01, 2023
Paul Hastings LLP represented Wells Fargo Bank, N.A., as ABL agent in connection with a split-lien asset-based and term loan financing for Skullcandy, Inc., which is backed by private equity sponsor Mill Road Capital. Skullycandy is a consumer goods manufacturing company that produces earbuds, headphones, and gaming products. Proceeds from the financing were used to refinance existing debt and provide liquidity for key strategic initiatives.
Global Finance co-chair Jennifer Yount and Of Counsel Keith Fujiu led the Paul Hastings team.
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With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.
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Becca Hatton