Global law firm White & Case LLP has advised Adler Pelzer Holding GmbH on the capital markets and financing aspects of its issuance of €400 million 9.500% Senior Secured Notes due 2027 and a new €55 million super senior revolving credit facility.
The notes, which were issued under Rule 144A and Regulation S of the US Securities Act, are listed on Euronext Dublin’s Global Exchange Market. Proceeds from the issuance and a related subordinated shareholder loan will be used to, among other things, redeem Adler Pelzer’s €425 million notes and repay other debt.
The White & Case team that advised on the transaction was led by partners Michael Immordino (London & Milan), James Greene (London) and Iacopo Canino (Milan), and included partner Evgeny Scirto Ostrovskiy (Milan & London), local partner Bianca Caruso (Milan), associates Pietro Magnaghi, John Sanders and Nicola Tosin (all Milan), and lawyers Stefania Maracich, Elvira Ricotta, Leonardo Rubera and Alessio Marano (all Milan). White & Case lawyers based in Germany, the Czech Republic, Belgium, Spain, Poland, Mexico and the US also advised on the transaction.
Press contact
For more information please speak to your local media contact.
Read the orginal article: https://www.whitecase.com/news/press-release/white-case-advises-adler-pelzer-eu400-million-senior-secured-notes-and-eu55
