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NEWS

Paul Hastings Advises Wells Fargo Capital Finance in $980 Million Financing for Acquisition of Bumble Bee Foods

December 16, 2010

Los Angeles, CA (December 16, 2010) - Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that the firm advised Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), in its role as administrative agent, collateral agent, co-lead arranger, joint bookrunner, and a lender in a revolving credit facility that will be used to refinance certain existing indebtedness of Bumble Bee Foods, LLC and certain of its affiliates and subsidiaries in connection with the $980 million acquisition by Lion Capital LLP of Bumble Bee Foods, LLC and such affiliates and subsidiaries. Lion Capital LLP is a leading private equity firm that is focused on the consumer sector.

Corporate partner Peter Burke led the Paul Hastings team, which included John Hilson, Vanessa Au, Connie Chilton, and Elizabeth Dryden.

Paul, Hastings, Janofsky & Walker is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

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