Paul L. Bonewitz

Partner

New York
paul.bonewitz@lw.com
+1.212.906.4610

PRACTICES

  • Asset-Based Lending
  • Banking
  • Capital Markets
  • Private Equity Finance

INDUSTRIES

  • Entertainment, Sports & Media

BAR QUALIFICATIONS

  • New York

EDUCATION

  • JD, St. John’s University School of Law, 2008
    magna cum laude
  • BA, Tufts University, 2004
    cum laude

PROFILE

Paul Bonewitz serves as Global Vice Chair of the firm’s Finance Department, and formerly served as Chair of the New York Finance Department. He is a member of the Banking, Direct Lending & Private Debt, Capital Markets, and Private Equity Finance Practices.

He represents investment banks, direct lenders, and other financial institutions in a wide range of leveraged finance transactions, including acquisition financings and cross-border financings, syndicated, asset-based, and unitranche financings, special situations lending, and workout transactions.

Paul's representative clients include various investment banks and direct lenders, including:

  • Jefferies Finance
  • Barclays Bank
  • Goldman Sachs
  • JPMorgan Chase Bank
  • Credit Suisse
  • Bank of America
  • Golub Capital Markets
  • Apollo Credit
  • Blackstone Credit
  • Macquarie Principal Finance
  • Churchill Asset Management
  • Varagon Capital Partners
  • Ares Capital Corporation

He is also a member of Latham’s Finance Department’s Opinions and Confirmations Committee.

EXPERIENCE

Paul's experience includes representing:

Investment Banks

  • Barclays Bank in its US$900 million term loan and asset-based revolving credit facilities in connection with Apollo Global Management's acquisition of ScionHealth, a provider of patient-centered acute and post-acute hospital solutions
  • Barclays Bank in its approximately US$1.1 billion term loans and revolving credit facility in connection with Francisco Partners' acquisition of Renaissance, a provider of pre-K–12 learning analytics
  • Jefferies Finance in its approximately US$1 billion term loan facilities in connection with CCMP Capital Advisors’ acquisition of Landcadia Holdings III, a special purpose acquisition company
  • Credit Suisse in its US$697 million term loans and revolving credit facility in connection with Genstar Capital's acquisition of Brook + Whittle, a full service business advisory firm
  • Credit Suisse in its approximately US$1.4 billion term loan and US$540 million senior secured bond offering for MacAndrews and Forbes’ portfolio company Vericast, to refinance existing debt
  • Goldman Sachs in its approximately US$2.1 billion term loan and revolving credit facilities for SolarWinds Holdings, Inc., to refinance existing debt
  • Goldman Sachs in connection with a US$637 million term loan facility for Revint Intermediate II, LLC, a provider of revenue cycling consulting services to the healthcare industry, to refinance existing debt
  • Bank of America in its approximately US$1 billion refinancing of a term loan and revolving credit facility for ACCO Brands Corporation, an American manufacturer of office products

Direct Lenders

  • The lenders in Blackstone’s US$665 million acquisition financing for CoreTrust, a carve out from HCA
  • The lenders in connection with Onex’s investment in Unanet Technologies, a provider of project-based ERP and CRM solutions for government contractors, architecture, engineering, construction, and professional services
  • The lenders in connection with BlackRock Long Term Private Capital’s US$390 million acquisition of Paradigm Oral Surgery
  • Ares Management in its US$875 million term loan and revolving credit facility in connection with Stone Point's acquisition of Businessolver.com, Inc., a provider of employee benefits administration technology
  • Ares Management in its US$327 million acquisition financing for HealthEdge Software, Inc., a software company focused on providing next-generation core administration and care coordination for transformative health plans in connection with its acquisition of Wellframe, Inc.
  • Blackstone Alternative Credit Advisors in its US$405 million term loan facility in connection with AEA Investors LP's acquisition of Redwood Logistics, a logistics platform company
  • Golub Capital in its term loan and revolving credit facility in connection with L Catterton's acquisition of Kodiak Cakes, LLC
  • HPS Investment Partners in its US$320 million term loan financing in connection with The Vistria Group portfolio company Edmentum’s acquisition of AL Digital Holdings, LLC
  • Silverpoint Capital in its US$325 million term loan and revolving credit facilities in connection with Centre Lane portfolio company, an inventory and supply chain solutions provider RGIS’ acquisition of WIS

Thought Leadership

  • Co-author, “United States Acquisition Finance,” The Legal 500 Country Comparative Guides, January 2023

Speaking Engagements

  • Moderator, “Direct Lending: Protection for the Future,” PEI’s Private Debt Investor New York Forum, September 2022