United Group Completes €150 Million Senior Secured Notes Offering
04.28.15
This is only gets display when printing
Simpson Thacher represented United Group B.V., a KKR portfolio company, in connection with a Rule 144A and Regulation S offering of €150 million in aggregate principal amount of its Senior Secured Notes due 2020. The transaction closed on April 28, 2015. United Group used the net proceeds from this offering to prepay all of the outstanding borrowings under its revolving credit facility, to repay certain of its outstanding debt and for general corporate purposes.
United Group is a leading provider of cable pay-TV, broadband internet and other telecommunications services in the former Yugoslav region.
The Simpson Thacher team included Nick Shaw, Uma Sud, Rohan Kaul, Adam Wollstein and Spencer Patton (Capital Markets); Shahpur Kabraji and Dee Afolami (Credit); and Jon Cantor and Joseph Tootle (Tax).