Paul Hastings Advises on $9 Billion Financing Deal
Deal News | Aug 20, 2025 | Paul Hastings
Paul Hastings LLP, a leading law firm, is advising Bank of America and Goldman Sachs on a substantial $9 billion bridge financing deal. This financing is set to aid Lowe’s Companies, Inc. in its acquisition of Foundation Building Materials, Inc. The effort is fronted by finance partner Morgan Bale, with support from specialists Ismael Duran, Jeff Ramsay, Steve Camahort, and a team of associates. Known for its excellence across 17 core practices, Paul Hastings exemplifies superior execution in legal consultancy globally.
Sectors
- Legal Services
- Corporate Finance
- Building Materials
- Retail
Geography
- United States – All companies involved, including Paul Hastings, Bank of America, Goldman Sachs, Lowe’s Companies, and Foundation Building Materials, are based in the United States.
Industry
- Legal Services – Paul Hastings LLP provides legal services in structuring and executing the financing deal.
- Corporate Finance – The article discusses a significant corporate finance deal involving bridge financing.
- Building Materials – The acquisition target, Foundation Building Materials, Inc., is part of the building materials industry.
- Retail – Lowe's Companies, Inc. operates in the retail industry, specializing in home improvement products.
Financials
- 9 Billion – The total amount of the committed bridge financing for Lowe’s acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | A premier global law firm providing legal services to financial institutions. |
| Bank of America | Financier | Company | A major American multinational investment bank and financial services company. |
| Goldman Sachs | Financier | Company | A leading global investment banking, securities, and investment management firm. |
| Lowe's Companies, Inc. | Acquirer | Company | A major retail company specializing in home improvement. |
| Foundation Building Materials, Inc. | Target Company | Company | A leading supplier of building materials and construction products. |
| Morgan Bale | Finance Partner | Person | Leads the Paul Hastings team on the financing deal. |
| Ismael Duran | Finance Partner | Person | Part of the Paul Hastings finance team. |
| Jeff Ramsay | Capital Markets Partner | Person | Capital Markets partner at Paul Hastings. |
| Steve Camahort | M&A Partner | Person | M&A partner at Paul Hastings. |