Weil Advises Paprec on €275 Million Privately Placed Tap Offering of Senior Secured Notes

"Weil advised Paprec Holding on a €275 million privately placed tap offering comprising €125 million senior secured notes due 2030 and €150 million senior secured notes due 2032. Proceeds will be used for general corporate purposes, including financing acquisitions."

Weil advised Paprec Holding as issuer in the transaction. The transaction comprised a privately placed tap offering totalling €275 million, consisting of €125 million in senior secured notes due 2030 and €150 million in senior secured notes due 2032. The notes are senior secured obligations of the issuer. The proceeds from the sale of the notes will be applied for general corporate purposes, including financing acquisitions. Weil represented Paprec Holding with a team composed by: High Yield partner Gilles Teerlinck; associates Roberto Storlazzi and Delphine Collinet; paralegal Susie Galarneau (London); Finance partner James Clarke; and associates Caroline Bloch and Mariane Valdenaire (Paris).

Weil Advises Paprec on €275 Million Privately Placed Tap Offering of Senior Secured Notes

Read the full story