Daily News: April 22, 2014

Paul Hastings Represents Lenders in BRG Refi

Paul Hastings announced today that the firm represented Morgan Stanley Senior Funding and J.P. Morgan Securities as joint bookrunners and joint lead arrangers in connection with a $150 million asset-based revolving credit facility, a $175 million first lien term loan, and a $105 million second lien term loan, the proceeds of which were used to refinance existing indebtedness of BRG Sports.

Leveraged Finance partners Mike Michetti, Mario Ippolito and Michael Chernick led the Paul Hastings team. The team also included Ursula Mackey, Christopher Ross, Heidi Spalholz, Tahira Prince, Cecilia Wang and Katherine Forer.

Paul Hastings is a global law firm with offices in Asia, Europe, and the United States.