Asmodee Group Issues €940 Million in Senior Secured Notes
Deal News | Dec 13, 2024 | Paul Hasting
Paul Hastings LLP has advised a consortium of initial purchasers, spearheaded by BNP Paribas and J.P. Morgan, including SEB, Société Générale, Swedbank, Crédit Agricole CIB, ING, and NatWest in the initial offering of €940 million in Senior Secured Notes for Asmodee Group AB. This financial arrangement also comprises a €150 million revolving credit facility, provided by affiliates of these initial purchasers. Asmodee, a key player in the global marketplace for tabletop games publishing and distribution, sought this financial strategy as part of its corporate finance activities. The prominent law firm, Paul Hastings, demonstrated its global expertise through a wide range of offices, providing comprehensive legal services. The firm showcased its elite teams by deploying partners and associates from New York, Paris, and Frankfurt to ensure effective financial transaction execution.
Sectors
- Finance
- Entertainment
- Legal
Geography
- Global – The transaction involves Paul Hastings' offices in Paris, Frankfurt, and New York, indicating a global reach.
- Sweden – Asmodee Group AB is based in Sweden, making it a key geographical focus for the transaction.
Industry
- Finance – The article discusses financial transactions including the issuance of Senior Secured Notes and a revolving credit facility.
- Entertainment – Asmodee Group AB operates within the entertainment sector, specifically as a publisher and distributor of tabletop games.
- Legal – Paul Hastings LLP is a law firm involved in advising on the financial transaction, highlighting the role of legal services in corporate deals.
Financials
- €940 million – The amount of Senior Secured Notes issued by Asmodee Group AB due 2029.
- €150 million – The revolving credit facility provided in conjunction with the note issuance.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Asmodee Group AB | Target | Company | Leading global publisher and distributor of tabletop games. |
| Paul Hastings LLP | Legal Advisor | Company | Advised the syndicate of initial purchasers for Asmodee Group AB's financial transaction. |
| BNP Paribas | Initial Purchaser Lead | Company | Part of the syndicate leading the issuance of Asmodee's Senior Secured Notes. |
| J.P. Morgan | Initial Purchaser Lead | Company | Collaborated with BNP Paribas leading the financial transaction for Asmodee Group AB. |
| SEB, Société Générale, Swedbank, Crédit Agricole CIB, ING, NatWest | Initial Purchasers | Company | Involved in the financial transaction execution as part of the purchaser syndicate. |