Paul Hastings assists Orygen issuance and credit facility
Paul Hastings has assisted the joint bookrunners and lenders in Orygen’s issuance of $1.2 billion of 5.746% investment grade senior notes due 2034.
The team also advised the banks as lenders on a connected credit facility consisting of a $100m term loan and a $150m revolving credit facility. The proceeds of this multi-tranche financing will be used to repay Actis’ acquisition financing arranged earlier this year to acquire Orygen and to fund the issuer’s future growth.
BBVA Securities, BNP Paribas Securities, Citigroup Global Markets, Goldman Sachs & Co, J.P. Morgan Securities, Natixis Securities Americas and Santander US Capital Markets acted as joint bookrunners.
Paul Hastings’ team included partners Alex Herman (pictured left) and Alexandro Padres (pictured right), who led the team with support from counsel Maria Larsen and associates Lena Kwon, Sofia La Roche Contreras and Bernardo Aguado Ortiz.
