White & Case Advises Banks on €1.875 Billion Acquisition of Circet by ICG
1 min read
Global law firm White & Case LLP has advised the lenders led by BNP Paribas, Deutsche Bank AG and Natixis, acting as global coordinators, on the €1.875 billion financing for the acquisition of the Circet Group, Europe’s leading telecoms infrastructure services company, by Intermediate Capital Group (ICG) from Advent International.
The cov-lite financing comprised a €1.625 billion term loan, which was successfully syndicated in the European market, and a €250 million senior revolving facility. The acquisition closed on October 14, 2021.
The White & Case team in Paris which advised on the transaction was led by partners Raphaël Richard and Roman Picherack and included associates Michel Courtois and Matthieu Tugler.
For more information please speak to your local media contact.