Asmodee's Debut: €940M Notes Offering Led by BNP Paribas and J.P. Morgan
Deal News | Dec 13, 2024 | Paul Hastings
Paul Hastings LLP has successfully advised a syndicate of initial purchasers led by BNP Paribas and J.P. Morgan on Asmodee Group AB's debut issuance of €940 million in Senior Secured Notes due in 2029. This marks a significant financing transaction for Asmodee, a leading global publisher and distributor of tabletop games, which also secured a €150 million revolving credit facility. The comprehensive advisory team from Paul Hastings involved multiple partners and associates across their Paris, Frankfurt, and New York offices, highlighting the firm's expansive reach and capability in handling complex financial transactions. Paul Hastings is a globally recognized law firm known for its expertise in finance, mergers and acquisitions, private equity, and other key legal areas.
Sectors
- Finance
- Tabletop Game Publishing
- Legal Services
Geography
- Global – The transaction involves multiple international financial institutions and is advised by Paul Hastings offices in Paris, Frankfurt, and New York.
Industry
- Finance – The transaction involves complex financing arrangements, including a Senior Secured Notes offering and revolving credit facility.
- Tabletop Game Publishing – Asmodee Group AB is a leading global publisher and distributor of tabletop games.
- Legal Services – Paul Hastings LLP, the advising firm, plays a key role in facilitating the transaction with their legal expertise.
Financials
- €940 million – The value of the Senior Secured Notes due 2029 issued by Asmodee Group AB.
- €150 million – The value of the revolving credit facility provided in connection with the notes offering.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Asmodee Group AB | Target Company | Company | A leading global publisher and distributor of tabletop games. |
| Paul Hastings LLP | Legal Advisor | Company | A premier law firm advising on the transaction. |
| BNP Paribas | Initial Purchaser & Leader of Syndicate | Company | A major global bank leading the syndicate of initial purchasers. |
| J.P. Morgan | Initial Purchaser & Leader of Syndicate | Company | A leading global financial services firm, co-leading the syndicate. |
| SEB, Société Générale, Swedbank, Crédit Agricole CIB, ING, NatWest | Initial Purchasers | Company | Other financial institutions involved as initial purchasers in the transaction. |