Daily News: June 23, 2014

Paul Hastings Advises on LMI Aerospace Financing

Paul Hastings announced the firm represented Royal Bank of Canada, Wells Fargo Bank and SunTrust Robinson Humphrey and their respective affiliates in connection with the refinancing of LMI Aerospace’s existing credit facility through a replacement $90 million first-priority revolving credit facility and the issuance of $250 million second-priority senior secured notes.

LMI Aerospace is a supplier of complex structural assemblies, components and kits and provider of design engineering services to the aerospace and defense markets.

Leveraged Finance partners Michael Baker, Michele Cohen, Mario Ippolito and Richard Farley led the Paul Hastings team, which also included associates Danny Choi, Jason Ewart, Kelly Gelfand Egers, Mitchell Zuckerman, Cecilia Wang and Molly Vaughan.