Bain Capital’s ITP Aero Completes $1.5 Billion Refinancing

Paul, Weiss advised Bain Capital and its portfolio company ITP Aero, a leading manufacturer of aerospace engines and gas turbines, in the refinancing of its existing $1.1 billion term loan B. The financing package included an additional $450 million term loan B which, together with cash on hand, will be used to fund a dividend distribution.

The Paul, Weiss team was led by corporate partners Eric Wedel, Neel Sachdev, Matthew Leist and Marco Bagnato.