Oakley Capital and Phenna Group Complete More Than €1 Billion Refinancing

Paul, Weiss represented Oakley Capital and its portfolio company Phenna Group, a leading testing, inspection, certification and compliance platform, in its more than €1 billion financing to refinance its existing term loan B and fund future acquisitions. The financing was the largest for a first-time loan issuer in the syndicated term loan B market in 2024 and attracted significant positive market interest.

The Paul, Weiss team was led by corporate partners Neel Sachdev and Kanesh Balasubramaniam, and included partner Manuel Frey and tax partner Timothy Lowe.