Kirkland & Ellis Advises Fortress on $240 Million Private Credit Refinancing for Overseas Adventure Travel

"Kirkland & Ellis advised Fortress Investment Group, whose affiliate-managed funds provided a term loan as part of a $240 million senior secured credit facility to Overseas Adventure Travel (O.A.T.). Fortress served as sole arranger on the facility and as administrative agent and sole lender on the $220 million term loan, supporting O.A.T.'s investment in growth and innovation."

Kirkland & Ellis advised Fortress Investment Group, whose funds managed by its affiliates provided financing to Overseas Adventure Travel (O.A.T.). The transaction involved a $240 million senior secured credit facility for Overseas Adventure Travel. As part of that facility, Fortress provided a term loan; Fortress served as sole arranger on the credit facility and acted as administrative agent and sole lender on the $220 million term loan. Overseas Adventure Travel (O.A.T.) is a family-owned tour operator offering adventures by land and by sea. The financing provides enhanced financial flexibility for O.A.T. as it invests in future growth and innovation. Kirkland & Ellis represented Fortress Investment Group with a team composed by: debt finance lawyers H.T. Flanagan, Edward McCartney, Karen Ho, Lloyd Robertson-Jones, Daly C.S. Brower, Ben Burton, Holly Gardner, Elise Gu, Oscar Liot, Johnson Man, Bianca Ng, Brandon Ovington and Jamari Stanton; and tax lawyers Mark Schwed and Margot Solmssen.

Kirkland & Ellis Advises Fortress on $240 Million Private Credit Refinancing for Overseas Adventure Travel

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