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Summer Holdco Issues €1.475 billion in Senior Notes

November 04, 2019

London - Paul Hastings LLP, a leading global law firm, announced that it has advised Morgan Stanley, Bank of America Merrill Lynch and Goldman Sachs as global coordinators for the high-yield notes issuance of an aggregate of €1.475 billion Senior Secured Notes and Senior Notes by Summer (BC) Holdco B S.à r.l. and Summer (BC) Holdco A S.à r.l. The Notes were issued as part of the $3 billion financing package for the proposed Bain Capital’s acquisition of a majority stake in Kantar - a London-headquartered market research business with more than 30,000 employees in 100 countries - from British multinational advertising and public relations firm WPP.  The closing of the $1.4 billion Senior Facilities tranche is expected to occur by early December 2019.

The Paul Hastings team was led by London finance partners

, and , with London finance associates , , , , ,  and assisting.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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