Latham & Watkins LLP has advised profine Group on the issuance of 7.625% senior secured notes under New York law (144A/Regulation S) in an aggregate principal amount of €430 million maturing in 2031. The issuer is HT Troplast GmbH, a holding company of the profine Group. The transaction also included a super senior revolving credit facility with a volume of €85 million.
The Latham team was led by Debt Capital Markets partners Alexander Lentz and Rüdiger Malaun, with counsel Gregory Walker and associates Laura Neumann, Jennifer Thiessen, and Isabel Willius. Advice was also provided on banking and private credit matters by counsel Martina Eisgruber, with associate Jannis Strotmann; and on tax matters by partner Ulf Kieker, with associate Henning Kleymann.
