Inspired Entertainment’s Senior Secured Bond Offering

Baker McKenzie advised the initial purchasers, bookrunners and arrangers while Sidley Austin LLP represented Inspired Entertainment, Inc.

Inspired Entertainment, Inc. executed a GBP 235 million senior secured high yield bond offering/super senior revolver financing.

Barclays acted as sole global coordinator and joint bookrunner, Macquarie Capital acted as joint bookrunner, and B. Riley Securities, Craig-Hallum, Roth Capital Partners and Union Gaming.

As part of the refinancing, Inspired put into place a new 4.5-year £20 million super-priority senior secured revolving credit facility.

The Baker McKenzie team was led by High Yield Capital Markets & Leveraged Finance partners David Becker (Picture), Rob Mathews, Bevis Metcalfe and Haden Henderson, senior associates Samantha Greer and Lola Oni and associates Will Sugden, Alex Taylor and Paulina Timmer. A separate Baker McKenzie team led by banking & finance partner Matt Smith and associate Joe Denyer acted for Lucid, the exiting agent.

The Sidley team was led by partners Alan Grinceri (Capital Markets), Bryan Robson (Global Finance), and Beth E. Berg (M&A), and supported by Dominic J. T. Nelson and Zahira Butt (Capital Markets); Sofie Nordgren and Romain Tourenne (M&A); Nils Gravenhorst, Colin Vo Kavanaugh, and Arjun Sehgal (Global Finance); Jason Menzies and Laurence Wilcock (Tax).

Involved fees earner: David Becker – Baker McKenzie; Joe Denyer – Baker McKenzie; Samantha Greer – Baker McKenzie; Haden Henderson – Baker McKenzie; Rob Mathews – Baker McKenzie; Bevis Metcalfe – Baker McKenzie; Lola Oni – Baker McKenzie; Matthew Smith – Baker McKenzie; Will Sugden – Baker McKenzie; Alex Taylor – Baker McKenzie; Paulina Timmer – Baker McKenzie; Beth Berg – Sidley Austin LLP; Nils Gravenhorst – Sidley Austin LLP; Alan Grinceri – Sidley Austin LLP; Jason Menzies – Sidley Austin LLP; Dominic Nelson – Sidley Austin LLP; Sofie Nordgren – Sidley Austin LLP; Bryan Robson – Sidley Austin LLP; Romain Tourenne – Sidley Austin LLP; Colin Vo Kavanaugh – Sidley Austin LLP; Laurence Wilcock – Sidley Austin LLP;

Law Firms: Baker McKenzie; Sidley Austin LLP;

Clients: B. Riley Securities; Barclays Bank; Craig-Hallum Capital Group LLC; Inspired Entertainment; Lucid Agency Services Limited; Macquarie Capital; Roth Capital Partners, LLC; Union Gaming Securities;

Author: Federica Tiefenthaler