Bio

Paul Hespel focuses on transactional finance matters, including leveraged acquisition financings and transactional finance matters in distressed settings, representing corporate borrowers, financial sponsors, portfolio companies, financial institutions, and alternative capital sources. He handles both domestic and cross-border engagements. He has extensive experience in structuring and negotiating secured and investment grade credit facilities; first-lien, second-lien, mezzanine, and multitranche financings; liquidity lines; and high-yield debt offerings. He also counsels clients on forbearance arrangements, out-of-court restructurings, and debtor-in-possession and exit financings. Paul routinely represents private equity funds and alternative capital sources, including business development companies (BDCs), small business investment companies (SBICs), mezzanine funds, and private debt funds in the structuring and documentation of private credit transactions. During his more than 25 years of practice, he has developed sector experience in education, financial services (including asset management), REITs, health care, life sciences, manufacturing, and TMT (technology, media, and telecommunications). Paul is recognized as a “notable practitioner” by IFLR1000 in both the areas of Banking and Restructuring in the U.S. and New York jurisdictions.