Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 02-04-2013 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | ISS - Refinancing and Debt Extension | Industry: | Support Services |
| Description: |
Slaughter and May is advising ISS, one of the world's leading facilities services companies, on its complex refinancing and extension of debt. On 4 March 2013, ISS requested a 3 year extension of DKK 18.6 billion worth of facilities which were set to mature in December 2014 and April 2015. Simultaneously, ISS sought lender consent for a number of amendments to its senior facilities intended to increase both operational and refinancing flexibility around the use of divestment proceeds as well as certain post-IPO flexibilities. In addition, ISS announced the intention to refinance its EUR 600 million Second Lien Facility which was set to mature in June 2015 through the raising of new senior debt and sought amendments to permit such refinancing.
Robert Byk.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Borrower | Law Firm | Slaughter and May |
| Borrower | United Kingdom | Lender | United Kingdom |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Robert Byk |
