Paul D. Spada

Senior Associate

Paul Spada works with clients of Choate’s Finance & Restructuring Group, primarily representing investment banks and financial institutions in complex financing transactions. He also has experience negotiating term sheets, commitment letters, and credit terms for leveraged finance and structured finance transactions with sponsors, borrowers, and other arranging banks.

Prior to joining Choate, Paul worked in investment banking at Goldman Sachs and served as a rifleman in the United States Marine Corps Reserve.

Representative Engagements

  • FEAC Agent, LLC, as Administrative Agent in a $10 million asset-based credit facility to Xcel Brands, Inc., a consumer products company that engages in design, marketing, licensing, and branding.
  • Eclipse Business Capital LLC as agent in a $100 million asset-based credit facility to Kent Outdoors, an industry-leading manufacturer of outdoor recreation equipment.

Education & Credentials

Duke University School of Law
JD, 2019
Colby College
BA, 2013

Admissions

Massachusetts

Paul's Insights

Announcements 01.03.2024

First Eagle Alternative Credit Leads $88M Term Loan Facility to Dorel

Choate represented First Eagle Alternative Credit as administrative agent to a group of lenders in an $88M senior secured term loan credit facility to Dorel Industries Inc., a global manufacturer of juvenile products and home furnishings.

Announcements 12.27.2023

Choate Represents Bank of America in Precedent-Setting Credit Facilities for Rite Aid Corporation

Representing Bank of America in connection with debtor-in-possession financings for Rite Aid Corporation and its subsidiaries, Choate secured final court approval for the largest ever retail and consumer product sector debtor-in-possession financing on December 22, 2023.

Announcements 11.09.2023

Star Mountain Capital and Syndicate Makes $27M Term Loan & $17M Preferred Equity Investment to Uncle John’s Pride

Choate represented Star Mountain Capital, as Administrative Agent, Avante Capital Partners, Maranon Capital and Gemini Investors in a $27M Term Loan and $17M Series A Preferred Equity investment to Uncle John’s Pride, LLC.