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.
Oak Hill Closes $673.7 Million CLO Fund
Paul, Weiss advised Oak Hill Advisors, L.P. in the closing of Oak Hill Credit Partners VI, Limited, a collateralized loan obligation fund managed by our client. The CLO was upsized twice following launch and ultimately issued $673.7 million of notes, making it the largest CLO issuance so far this year. Morgan Stanley & Co. LLC and GreensLedge Capital Markets LLC acted as placement agents.
The Paul, Weiss team included corporate partner Eric Goodison and counsel Bruce Gruder; tax partner David R. Sicular; and employee benefits counsel Erin Murphy.