IFLR1000

CEVA Logistics $1.4 billion refinancing

20/8/2018
Refinancing
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$ 1.4 billion

Announced

20/8/2018

Overview:

  • The refinancing consisted of a $585 million revolving credit facility, a $475 million term loan B facility and a €300 million 5.25% notes issue due 2025.
  • HSBC and Credit Suisse acted as lead arrangers.
  • The deal follows CEVA Logistics' IPO in May 2018

Mihail Georgiev - Data analyst

Jurisdiction:

Switzerland

Deal type:

Refinancing

Practice area:

Banking and finance

Governing law:

Switzerland

Industry sector:

Consumer goods and services

Firms:
Akin Gump Strauss Hauer & Feld

Party: CEVA Logistics (Borrower, Issuer)

Slaughter and May

Party: CEVA Logistics (Borrower, Issuer)

Lawyers: Azadeh Nassiri, Susan Hughes

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