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Fenwick & West Represents Diamond Foods in $225M Investment

May 25, 2012

Fenwick & West LLP represented Diamond Foods, Inc. (NASDAQ:DMND), an innovative, branded packaged food company, in its recently announced $225 million investment by Oaktree Capital Management, L.P. (NYSE:OAK), a global investment management firm, that will recapitalize Diamond’s balance sheet. At closing, Diamond will also amend its credit agreement with its existing lenders. The recapitalization will support the company’s long term strategy as well as the execution of its current business plan. The transactions are expected to close by the end of May 2012.

More information about the investment can be obtained from the Diamond Foods website.

The Fenwick transaction team includes corporate partners Douglas N. Cogen, David K. Michaels and Horace Nash; tax partner Michael F. Solomon; corporate associates Kee Bong Kim, Sheri Wardwell, Katherine K. Duncan and Julia Forbess; tax associate William R. Skinner; and trademark associate Stephen R. Garcia. ​