Our Finance Group helps clients navigate the business and legal complexities of novel and multidimensional debt financing transactions. We fully understand the challenges faced by borrowers, investors and lenders throughout a company’s lifecycle, from evolving techniques in acquisition finance to the tensions inherent in distressed situations. We are the firm of choice for the most innovative and complex financing matters, including bespoke structured financings and whole-business securitizations of novel assets and restructurings of multibillion-dollar companies.
David’s Bridal Closes $70 Million Capital Investment
- Client News
- April 30, 2021
Paul, Weiss advised David’s Bridal, LLC, the nation’s leading bridal and special occasion authority, in securing a $70 million term loan provided by CPPIB Credit Investments Inc., a subsidiary of Canada Pension Plan Investment Board. The new term loan, will be used by David’s Bridal to fund operations and for general corporate purposes.
The firm previously advised David’s Bridal on its out-of-court recapitalization in December 2019.
The Paul, Weiss team included, among others, corporate partners Kenneth Schneider, Robert Zochowski, Claudine Meredith-Goujon and Ellen Ching and counsel Gabriella Toossi; tax partner Patrick Karsnitz; restructuring partner John Weber; and real estate partner Salvatore Gogliormella.