Paul W. Hespel

Paul W. Hespel


New York, NY
Phone: 212.808.2758    Fax: 212.286.9806

Paul W. Hespel is a partner in the Financial Services Group of Pepper Hamilton LLP, resident in the New York office.

Mr. Hespel specializes in finance and restructuring transactions, with a particular focus on transactional finance matters (including leveraged acquisition financings and transactional finance matters in distressed settings), mezzanine and multi-tranche financings, high yield debt offerings, out-of-court restructurings and liability management transactions. Mr. Hespel handles both domestic and cross border engagements.

Mr. Hespel represents corporate borrowers, financial sponsors, portfolio companies, arrangers, agent banks, financial institutions and alternative capital sources. He has extensive experience in structuring and negotiating secured and investment grade credit facilities, first lien, second lien, mezzanine and multi-tranche financings, liquidity lines, letter of credit facilities and high yield debt offerings. Mr. Hespel also counsels clients on forbearance arrangements, out-of-court restructurings and debtor-in-possession and exit financings.

During his more than 15 years of practice, Mr. Hespel has developed sector expertise in education, financial services, REITs, health care, manufacturing and telecommunications.

Mr. Hespel is a member of the Advisory Board to the Belgian American Chamber of Commerce, the Duke University School of Law, Law Alumni Association Board and the Duke University School of Law, International Advisory Board. He is fluent in French and Dutch and conversant in German and Spanish.


  • M.B.A., INSEAD (Fontainebleau, France), 2003
  • LL.M., Duke University School of Law, 1995
  • LL.M., cum laude, Catholic University Leuven (Leuven, Belgium), 1994
  • magna cum laude, University of Poitiers (Erasmus Exchange Student), 1993
  • Single Candidature, Philosophy, Catholic University Leuven (Leuven, Belgium), 1991

Bar Admissions

  • New York
  • North Carolina

Practice Areas