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Paul, Weiss Represents Bon Ton Stores in Senior Secured Credit Facility
Practices
Paul, Weiss has advised client The Bon-Ton Stores, Inc. on a $625 million five-year senior secured asset-based credit facility, which, on March 21, replaced its existing $675 million senior credit facility. Bank of America acted as agent for The Bon-Ton Stores, a public retail company that operates 275 department stores in 23 states.
The team involved in the transaction included, among others, corporate partners Jeffrey D. Marell and Valerie E. Radwaner; real estate partner Harris B. Freidus; tax partner Peter J. Rothenberg; and environmental counsel William J. O'Brien.