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.
Mafco Worldwide Corporation Closes Refinancing
On December 15, Mafco Worldwide Corporation, a subsidiary of our client MacAndrews & Forbes Holdings Inc., established a new $45 million revolving credit facility with PNC Bank, National Association, as agent. The proceeds of the new debt will be used primarily to refinance the company's existing credit facility.
The Paul, Weiss team representing Mafco Worldwide included corporate partner Valerie Radwaner and counsel Stephen K. Koo; tax partner Jeffrey B. Samuels; real estate partner Peter E. Fisch; employee benefits partner Robert C. Fleder; and environmental counsel William J. O'Brien.