Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 11-10-2012 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Dufry AG Acquisition Finance Facility | Industry: | Travel & Leisure |
| Description: |
Slaughter and May advised Dufry AG in relation to the financing aspects of its agreement to acquire, for approximately EUR 200 million, a majority stake in a newly formed Greek company ("GreekCo") which is to own the travel retail business of Folli Follie Group. The acquisition is to be financed by equity increase at the level of Dufry AG. We advised primarily in relation to: (i) amendments to Dufry's existing syndicated loan agreements in order to facilitate the acquisition; and (ii) a limited recourse EUR 335 million facility agreement entered into by, and secured over the shares of, GreekCo.
Financing: Matthew Tobin (partner), Laurie Keel (associate).
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Borrower | Law Firm | Slaughter and May |
| Borrower Jurisdiction: | Greece | Lender Jurisdiction: | United Kingdom |
| Classification: |
Acquisition Finance Private Company Acquisition |
Lawyer | Matthew Tobin |
