Paul Hastings LLP, a leading global law firm, is representing the banks in connection with the financing of the $8.7 billion purchase of PetSmart, the largest specialty pet retailer of services and solutions for the lifetime needs of pets, by a consortium led by BC Partners.
Citigroup, Barclays, Nomura, Deutsche Bank and Jefferies have committed to provide debt financing in connection with the transaction. The transaction, which is reportedly the largest LBO announced in 2014, is expected to close in the first half of 2015.
Leveraged Finance partners Mike Michetti, Jeffrey Pellegrino, Mario Ippolito, Leslie Plaskon, John Cobb and Richard Farley are leading the Paul Hastings team.
Source: www.paulhastings.com
