White & Case advises banks on Assemblin Caverion Group’s €1.65 billion financing transactions including RCF upsize and senior notes offering

Global law firm White & Case LLP has advised the initial purchasers and lenders on Assemblin Caverion Group's offering of €1.53 billion senior secured floating rate notes due 2033 and the upsize of its revolving credit facility to €370 million.

The proceeds will be used to fund a distribution to the issuer's shareholders and redeem in full the issuer's existing €780 million senior secured floating rate notes due 2031.

Triton-owned Assemblin Caverion Group is a leading northern European technical service and installation company.
White & Case previously advised the financing parties on numerous high yield and loan financings for Assemblin Caverion and, prior to the combination, Assemblin, including Assemblin Caverion Group's €1.28 billion high yield notes offering and €495 million equivalent revolving credit facility, guarantee and pensions facilities in 2024, Assemblin's €660 million high yield bond and financing facility in 2023 and Assemblin's €250 million senior secured floating rate notes and new super senior facilities in 2019.

The White & Case team which advised on the transaction was led by partners James Greene and Richard Lloyd (both London) and included partners Chad McCormick (Houston), Michael Bark-Jones (Stockholm), counsel Monica Holden (London) and associates Erik Holm (Stockholm), Mark Oslizlok (London) and Thor Fielland (Houston).

Press contact
For more information please speak to your local media contact.