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.
Paul, Weiss Advises Focus Brands in Bond Issuance
- Client News
- November 9, 2018
Paul, Weiss represented Focus Brands Inc., a portfolio company of Roark Capital Group, in connection with the issuance of $300 million in additional bonds under its existing whole business securitization facility. The bonds are backed primarily by franchise royalties and revenue streams generated by the recently-acquired Jamba Juice brand, which in connection with the issuance was joined under the facility alongside the Carvel, McAlister’s, Auntie Anne’s, Moe’s, Schlotzsky’s and Cinnabon brands. Barclays Capital Inc. arranged the sale.
The Paul, Weiss team included corporate partners Jordan Yarett, Robert Zochowski and John Kennedy; intellectual property partner Claudine Meredith-Goujon; tax partner Scott Sontag; employee benefits partner Lawrence Witdorchic and counsel Uri Horowitz; and bankruptcy partners Alice Eaton and Kyle Kimpler.