NEWS

Paul Hastings Advises HLD and Tokheim Services Group on the Repricing and Upsizing of Their Existing Term Loan B

November 07, 2025

Paul Hastings (Europe) LLP advised HLD and TSG on the repricing and upsizing of their existing Term Loan B from €600 million to €750 million.

Proceeds were used to repay the drawn portion of the revolving credit facility and will finance short-term M&A to pursue diversification into future energy solutions — from electric vehicle charging to new mobility infrastructure.

TSG, the European leader in technical services for responsible mobility, designs, builds and maintains all types of energy distribution infrastructures for mobility, including recharging networks for electric vehicles, LPG/LNG, hydrogen and fuel/biofuel stations.

HLD is an investment group that partners with European companies to accelerate their growth.

Global Finance partners Olivier Vermeulen and Tereza Courmont Vlkova led the Paul Hastings team, which also included partner Charles Cardon, of counsel Charlotte Dupont and associates Juliette Dubois, Nicolas Fittante and Amaury Steinlin.

More details about the transaction can be found here.

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