Client Work Detail
matter
Acquisition of Michaels Stores, Inc. North America by Bain Capital Partners LLC and The Blackstone Group
CLIENT
Bank of America, N.A.
DATE
October 31, 2007
EXPERTISE
Acted as Canadian counsel to Bank of America, N.A., as agent, in connection with the US$3.4 billion senior revolving and "term B" credit facilities in favour of Michaels Stores. These facilities were part of the US$6 billion leveraged buy-out of Michaels Stores by leading global private investment firms Bain Capital Partners LLC and The Blackstone Group.
