Transcom Completes Refinancing

Paul, Weiss advised Transcom Holding AB, a global digital customer experience provider and a portfolio company of Altor Equity Partners, in connection with the refinancing of its existing debt through a consent solicitation and exchange offer. The refinancing settled with the exchange of €378.9 million existing notes for €322.3 million new notes. As part of the transaction, Transcom’s existing revolving credit facility was refinanced by way of a new additional tranche under its revolving credit facility agreement with an extended maturity date of July 31, 2029.

The Paul, Weiss team was led by corporate partners Neel Sachdev, Matthew Merkle and Deirdre Jones, and included counsel Lucy Jenkins; tax partners Timothy Lowe, Lindsay Parks and Kyle O’Sullivan, and counsel Samir Kurani.