Paul, Weiss represented Expro Group in its new $200,000,000 senior secured revolving facility following its merger with Frank’s International. The facility replaced existing revolving facilities of the combined group that were terminated upon the merger, which closed the same day. Proceeds of the facility may be used for working capital and general corporate purposes.
Expro Group Holdings N.V. (formerly Frank’s International N.V.) is a New York Stock Exchange-listed, full-cycle energy services company resulting from the merger of Expro Group, an international energy services company with market leadership in well access and well flow optimization, and Frank’s International, a global oil services group offering a broad range of highly engineered drilling and completions solutions and services.
The Paul, Weiss team included corporate partner David Carmona.