Sustainable Packaging Company Brook + Whittle Completes Refinancing

Paul, Weiss represented an ad hoc group of Brook + Whittle noteholders in a refinancing transaction that secured the sustainable packaging company $130 million in new capital, established a new revolving credit facility and extended the debt maturity timeline for more than $400 million of first lien term loans and $226 million of second lien term loans. The agreement is intended to provide the company with additional liquidity to accelerate investments in growth and sustainability initiatives.
 
The Paul, Weiss team included restructuring partners Brian Bolin and Andrew Rosenberg, and corporate counsel Mary-Ann Awada.