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A&O Shearman advises on Zenita's senior secured notes offering and revolving and guarantee facility

A&O Shearman advises on Zenita's senior secured notes offering and revolving and guarantee facility
A&O Shearman has advised a consortium of ten banks on Zenita Group’s offering of EUR375m aggregate principal amount of senior secured floating rate notes due 2032 and on its EUR145m revolving credit facility and guarantee facility.

Zenita Group, a portfolio company of CVC headquartered in Italy, is a leading European provider of integrated smart digital infrastructures and high-value technology solutions and is active in the development of advanced technology solutions, including networking, cybersecurity, cloud, data center, enterprise applications, and IoT. This transaction is part of a broader strategy to strengthen Zenita Group’s capital structure and expand its business perimeter.

The A&O Shearman deal team advising on the bond issuance included partner Marc Plepelits, senior associate Odysseas Theofanis, and associates Chan Sriram and Arnaldo Mitola. The A&O Shearman deal team advising on the revolving credit facility and guarantee facility included partner Darren Hanwell, senior associate Adam Walsh and associate Avani Maha.

Cross-border advice was also provided by A&O Shearman’s team in Italy, including partners Alessandra Pala and Pietro Scarfone, while tax advice was provided by partner Jack Heinberg and counsel Elia Clarizia.

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