Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 25-02-2014 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | HSS Hire Revolving Credit Facility | Industry: | General Industrials |
| Description: |
Simpson Thacher represented a subsidiary of HSS Hire in connection with its entry into a new GBP60 million Revolving Credit Facility. The transaction closed on February 6, 2014. HSS Hire used the net proceeds from this offering to refinance certain of its outstanding indebtedness.
HSS Hire was founded in 1957 and is a leading supplier of tools and equipment hire and related services in the United Kingdom and Ireland. As of January 29, 2014, it operated from over 250 locations throughout the United Kingdom and Ireland.
The Simpson Thacher team included Nick Shaw, Mark Brod, Uma Sud and Aled Knights (Capital Markets); Ian Barratt and Kate Sinclair (Credit); and Sean Fitzgerald (Tax).
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| Financial Center: | London | Value: | 0.00-100.00 |
| Advised Party: | Borrower | Law Firm | Simpson Thacher |
| Borrower | United Kingdom | Lender | United Kingdom |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Nicholas J Shaw |
