Linklaters has advised the lenders to Comdata, a leading global service provider in customer management, in reaching an agreement to significantly strengthen Comdata’s balance sheet and accelerate the future development of the business.
As a result of the agreement, Comdata’s financial indebtedness will be significantly reduced and its reinstated debt will be characterised by more favourable interest payment terms.
Linklaters Italy managing partner, Andrea Arosio, said:
“This deal represents a key milestone for our clients and is the latest major cross-border financing transaction the Linklaters team has advised on in recent months.”
The Linklaters team in Milan was led by partners Andrea Arosio, Francesco Faldi, Dario Longo, Roberto Egori and Pietro Belloni, together with counsel Alessandra Ortelli, managing associates Valentina Armaroli, Sergio Merlino, Pasquale Mosella and Matteo Tabellini, and associates Maria Chiara De Biasio, Irene Borioni, Luigi Spinello and Alice Failla.
The Linklaters London R&I team also advised on the transaction, and was led by partners James Douglas and Liam Robinson, together with managing associate Jason Heron, associate Tim Robinson and trainee Ayo Thomas.
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