Hogan Lovells advised Radisson Hospitality AB on the deal
Radisson Hospitality AB is a leading international hotel management company operating a portfolio of over 370 hotels across Europe, the Middle East and Africa. Radisson Hospitality AB’s shares are listed on the NASDAQ OMX Stockholm, Sweden, and the group is headquartered in Brussels, Belgium.
The group issued €250 million 6.875% senior secured notes on July 6, 2018 with a term of five years maturing in 2023. The notes, which are governed under New York law, are listed on the Official List of the Luxembourg Stock Exchange and trade on Luxembourg’s Euro MTF market. In addition, the deal included a new €20 million super senior secured revolving credit facility governed under English law.
The transaction featured a cross-border Hogan Lovells team involving offices in London, Paris, Amsterdam, Frankfurt, Luxembourg, New York and Washington, D.C.
Hogan Lovells’ high-yield team was led by London partner Sylvain Dhennin (Picture) with support from counsel Bryan Stephens, associates Philip Schuster, Daria Latysheva and Jonathan Morris and trainees Claire Dumbill and Carl Windrup. On the banking side, Paris/London partner Alexander Premont lead the transaction with support from associates Luc Bontoux, Joseph Newton and Tam Tran.
In Luxemburg Hogan Lovells advised with a team including Pierre Reuter, Ariane Mehrshahi Marks and Agathe Laissus.
Involved fees earner: Sylvain Dhennin – Hogan Lovells; Bryan Stephens – Hogan Lovells; Philip Schuster – Hogan Lovells; Daria Latysheva – Hogan Lovells; Jonathan Morris – Hogan Lovells; Pierre Reuter – Hogan Lovells; Ariane Mehrshahi Marks – Hogan Lovells; Agathe Laissus – Hogan Lovells; Alexander Premont – Hogan Lovells; Luc Bontoux – Hogan Lovells; Joseph Newton – Hogan Lovells;
Law Firms: Hogan Lovells;
Clients: Radisson Hospitality AB;