Latham & Watkins advises bank syndicate on PeopleCert €300 million senior secured bond

Latham & Watkins represented the syndicate of banks in connection with PeopleCert’s bond issuance. The transaction comprised a €300 million senior secured bond issued by PeopleCert, carrying a 5.50% coupon and maturing in 2031. PeopleCert, a global player in education and certification services, used the proceeds to fully refinance its outstanding €300 million senior secured bonds due 2026 and to pay related fees and expenses. The bank syndicate was led by Morgan Stanley (sole physical bookrunner) and Deutsche Bank (joint global coordinator and joint bookrunner). BofA Securities, Citigroup, Eurobank, Goldman Sachs Bank Europe SE and Santander acted as joint bookrunners, while Alpha Bank, Ambrosia Capital, CrediaBank, Euroxx Securities, National Bank of Greece S.A. and Optima bank acted as co-managers. Latham & Watkins represented the syndicate of banks with a team composed by: Jeff Lawlis, partner (corporate); Giorgio Ignazzi, counsel; Edoardo Picchi, associate (US capital markets); Giulio Maccarrone, associate (US capital markets); Dan Maze, partner, London (finance, English law); Philip Hagenbuch, associate (English law finance); Andreas Georgiades, associate (English law finance); Danielle Stobie, associate (English law finance); Ayomide Akande, associate (English law finance); Karl Mah, partner, London (English tax); Pastora Little-Morgan, associate (English tax); Ana O’Brien, partner, Los Angeles (US tax); Claire Park, associate (US tax).

Latham & Watkins advises bank syndicate on PeopleCert €300 million senior secured bond

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