Paul Hastings said that the firm represented Cowen and Company in connection with the private exchange and purchase of $50 million aggregate principal amount of newly issued 6.625% senior notes due 2016 for approximately $40.3 million aggregate principal amount of Spartan Stores’ existing 3.375% convertible senior notes and approximately $9.7 million in cash from an existing note holder of Spartan Stores.

Leveraged Finance partner Richard Farley led the Paul Hastings team, which also included Joseph Fastiggi, Paul Henesy and Felicia Yen.