Kirkland & Ellis advised PAI Partners and its portfolio company, Albéa Beauty Holdings Sarl, on the successful amendment, extension and refinancing of Albéa’s existing facilities. The transaction resulted in a €566 million new term loan facility comprising rolling and new money commitments and a new revolving credit facility. Albéa is a leading global packaging company producing a wide range of solutions for make-up, fragrance, skincare, personal and oral care markets.
The Kirkland team was led by debt finance partners Kanesh Balasubramaniam and Neel Sachdev and associates Marco Bagnato, Mateo Firoz Hussein and Bowen Huang.
