Presidio, Inc., a leading North American IT solutions provider, has announced that its wholly-owned subsidiary, Presidio Holdings Inc., has priced an offering of US$125 million in aggregate principal amount of additional 4.875% senior secured notes due 2027 at an issue price of 104%, for an effective yield to maturity of 4.134%. The initial 4.875% senior secured notes due 2027 were issued in an aggregate principal amount of US$400 million on January 22, 2020.
Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by New York partners Stelios Saffos and Erika Weinberg, with New York associates Salvatore Vanchieri, Biagio Marino, Angel Marcial, and Victoria McGrath. Advice was also provided on collateral matters by New York partners Michèle Penzer and Abhay Lele, with associates Marcela Ruenes and Sarah Lohschelder.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
