NH Hotel Group’s €115 million high?yield senior secured debt offering


Cravath represented NH Hotel Group, S.A. in connection with its €115 million 144A/Reg. S high?yield senior secured debt offering.

NH Hotel Group is a leading international hotel operator. The notes were listed on the Luxembourg Stock Exchange. The transaction closed on April 4, 2017. Cravath also represented NH Hotel Group in connection with its €122 million third-party debt tender offer by Deutsche Bank. The transaction closed on April 3, 2017.

The Cravath team included partner Philip J. Boeckman (Picture) and associates Margaret R. M. Rallings, Winnie Ling, Philip J. Cernera and Alexander L. C. Stevens.

Involved fees earner: Philip Boeckman – Cravath Swaine & Moore; Winnie Ling – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: NH Hotels;