Paul Hastings LLP, a leading global law firm, announced today that the firm represented GE Capital as joint lead arranger and sole administrative agent for a $260 million Term Loan B and $225 million ABL revolving credit facility in support of KPS Capital Partners LP’s acquisition of ThyssenKrupp Waupaca, Inc., the largest independent iron foundry in the world, from ThyssenKrupp Budd Company through a newly formed company, Waupaca Foundry Holdings, Inc. RBC Capital Markets and Wells Fargo Capital Finance will also act as lead arrangers for the financing of the acquisition.
Leveraged Finance partner Mario Ippolito led the Paul Hastings team, which also included associates Marc Bacigalupo, Chad Werner and Nicole LaMontagne.
