Boston, MA. Nixon Peabody LLP is proud to have represented The Pasha Group (Pasha) in its unsecured term loan from Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), as well as an incremental term loan from funds managed by HPS Investment Partners, both of which will help drive the maritime transportation company’s continued infrastructure investment in Hawaii trade.
Pasha is a family-owned, third-generation diversified global logistics and transportation company that provides ocean transportation for containers and rolling stock between the US West Coast and Hawaii. Pasha Hawaii provides critical transportation infrastructure required to support Hawaii’s population. With limited on-island inventory and storage capacity in Hawaii, these investments enable Pasha to timely deliver essential goods to the islands.
“We congratulate the Pasha team on the completion of this strategic investment that will enhance their ability to provide critical service to the people of Hawaii by ensuring the timely and essential delivery of goods to the islands,” said Craig D. Mills, Nixon Peabody debt finance senior counsel, who led the team advising Pasha.
The Nixon Peabody deal team also included New York securities partner Richard Langan, Los Angeles tax partner Shahzad Malik, Boston ERISA partner Thomas McCord, San Francisco counsel Sarah Abel, and Boston associate Emily Holt.
For additional information on the deal, please see the Morgan Stanley press release: Morgan Stanley Infrastructure Partners Announces Investment in The Pasha Group.