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Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, hedge funds, financial advisors and other financial institutions and investors on their most important merger, acquisitions and takeover transactions.

Preferred Sands In-Basin Facilities Acquired by Signal Peak Silica

Paul, Weiss advised Preferred Sands, a leading producer of sand and resin coated proppants, in connection with a comprehensive restructuring transaction that included the restructuring of the Company’s indebtedness of more than $1.5 billion. The Paul, Weiss team led a successful out-of-court restructuring effort that required the support of 100% of the holders of the Company’s funded indebtedness, issued by the Company’s two credit silos. The restructuring also included the carve out of certain of Preferred Sands’ in-basin production assets into a new entity, Signal Peak Silica, LLC, and the robust recapitalization of both entities.

The Paul, Weiss team includes corporate partners Jeffrey Marell, Thomas de la Bastide, John Kennedy and Robert Zochowski and counsel Bruce Gruder; bankruptcy partners Alice Eaton, Brian Hermann and Paul Basta and counsel Claudia Tobler and Diane Meyers; tax partners Brian Grieve and Scott Sontag; real estate partner Peter Fisch; litigation partners Jacqueline Rubin, Jeffrey Recher and Andrew Gordon and counsel Robert Kravitz; employee benefits partner Lawrence Witdorchic and counsel Uri Horowitz; intellectual property partner Claudine Meredith-Goujon; and antitrust counsel Marta Kelly.

February 22, 2019

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