David’s Bridal’s $70 Million Capital Investment

Paul, Weiss advised David’s Bridal, LLC on the deal.

David’s Bridal, LLC, the nation’s leading bridal and special occasion authority, secured a $70 million term loan provided by CPPIB Credit Investments Inc., a subsidiary of Canada Pension Plan Investment Board.

The new term loan, will be used by David’s Bridal to fund operations and for general corporate purposes. 

The Paul, Weiss team included corporate partners Kenneth Schneider (Picture), Austin Witt, Robert Zochowski, Claudine Meredith-Goujon and Ellen Ching and counsel Gabriella Toossi; tax partner Patrick Karsnitz; restructuring partner John Weber; and real estate partner Salvatore Gogliormella.

Involved fees earner: Ellen Ching – Paul Weiss Rifkind Wharton & Garrison; Salvatore Gogliormella – Paul Weiss Rifkind Wharton & Garrison; Patrick Karsnitz – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; Kenneth Schneider – Paul Weiss Rifkind Wharton & Garrison; Gabriella Toossi – Paul Weiss Rifkind Wharton & Garrison; John Weber – Paul Weiss Rifkind Wharton & Garrison; Austin Witt – Paul Weiss Rifkind Wharton & Garrison; Robert Zochowski – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: David’s Bridal;

Author: Martina Bellini