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Clients rely on our Finance Group to help them navigate the business and legal complexities of novel and multi-dimensional debt financing transactions. Our versatile finance practitioners work closely with our mergers and acquisitions, securities, tax, real estate and bankruptcy lawyers to provide seamless advice and innovative solutions that address our clients' debt financing needs related to all types of transactions and capital structures.

CDK Global Enters Term Credit Agreement

Paul, Weiss represented CDK Global, Inc., a leading provider of IT and digital marketing solutions to the automotive retail industry, in a $400 million unsecured term credit agreement with Bank of America as administrative agent. In connection with the term credit agreement, we also advised CDK in an accelerated share repurchase agreement with Morgan Stanley & Co. to purchase an aggregate of $330 million of the company's common stock.

The Paul, Weiss team included corporate partners David Huntington and Monica Thurmond.

December 9, 2016

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