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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.

Centerbridge Partners and Oaktree Capital Management Lead $1.25 Billion OTG Management Financing

Paul, Weiss advised Centerbridge Partners and Oaktree Capital Management in leading a first lien senior secured credit facility for OTG Management, an owner and operator of restaurants and retail in airports. The facility, which consists of $1.05 billion in closing-date term loans and $200 million in delayed-draw term loans, will provide OTG with liquidity and flexibility, as well as additional committed capital to continue technological innovation, development of new markets, dining concepts and locations in airports.

The Paul, Weiss team included corporate partners Austin Witt and Robert Zochowski, and counsel Mikhel Schecter, Jason Tyler, Gabriella Toossi and Philip Heimowitz; restructuring partners Brian Bolin and Paul Basta, and counsel Joseph Graham; tax partner David Mayo; and litigation partner Michele Hirshman.

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