Paul, Weiss advised La Doria S.p.A., a portfolio company of Investindustrial and a leading European supplier of Italian speciality shelf-stable private label products, in the issuance of €525 million of senior secured floating rate notes due 2029 and the entry into a new €85 million revolving credit facility. Proceeds from the offering were used to refinance existing debt of the group and fund a distribution to shareholders, and for general corporate purposes.
The Paul, Weiss team was led by partners Neel Sachdev, Matthew Merkle and Stefan Arnold-Soulby and counsel Nicolò Ascione, and included tax partners Cian O’Connor and Lindsay Parks and counsel Samir Kurani.
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