Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.
London Office Completes High Yield Acquisition Debt Financing
- Client News
- November 5, 2014
Paul, Weiss advised Arrow Global Group PLC, acting through its financing subsidiary, Arrow Global Finance plc, a purchaser and collector of debt portfolios with operations in the U.K. and Europe, on its offering of €225 million aggregate principal amount of senior secured floating rate notes due 2021. The proceeds from the offering will be used to acquire a complementary U.K.-based debt purchasing and collections business, Capquest, from its institutional owner, TowerBrook Capital Partners, L.P. The offering followed entry into commitment papers for a bridge financing. Slaughter and May advised Arrow Global on English law aspects of the offering and the Capquest acquisition.
The Paul, Weiss team advising Arrow Global included corporate partner Mark Bergman; and tax partner David Mayo.