Kai Yuan Holdings Refinances Iconic Paris Marriott Hotel
Deal News | Jan 06, 2025 | Addleshaw Goddard
In a significant financial move, Kai Yuan Holdings Limited has refinanced the Paris Marriott Champs-Élysées hotel for €175 million. Advised by Addleshaw Goddard, the refinancing was led by a consortium of banks headed by Société Générale. The Paris Marriott is the only five-star hotel located on the prestigious Champs-Élysées Avenue, featuring luxurious amenities that include 192 rooms and suites, conference spaces, and multiple restaurants. Recently renovated, the hotel's interiors now blend Art Nouveau and Art Deco styles while preserving its historic charm. Addleshaw Goddard's Paris and Luxembourg offices played pivotal roles in completing the transaction, showcasing their expertise in real estate and finance.
Sectors
- Real Estate
- Finance
- Hospitality
Geography
- France – The Paris Marriott Champs-Élysées hotel is located in France, making this geography highly relevant.
- Hong Kong – Kai Yuan Holdings Limited is listed on the Hong Kong Stock Exchange.
- China – Kai Yuan Holdings Limited is mainly engaged in businesses in China.
Industry
- Real Estate – The refinancing deal involves the Paris Marriott Champs-Élysées hotel, which is a significant asset in the real estate sector.
- Finance – The article discusses a major refinancing transaction facilitated by Addleshaw Goddard, highlighting the finance industry.
- Hospitality – The Paris Marriott Champs-Élysées hotel is a key player in the hospitality industry, offering luxury accommodations.
Financials
- 175 million – The amount for the refinancing of the Paris Marriott Champs-Élysées hotel.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kai Yuan Holdings Limited | Target Company | Company | An investment holding company engaged in heating equipment production and real estate, listed on the Hong Kong Stock Exchange. |
| Addleshaw Goddard | Legal Advisor | Company | Legal advisors to Kai Yuan Holdings on the refinancing of the Paris Marriott Champs-Élysées hotel. |
| Société Générale | Lead Bank | Company | Led the banking pool in the €175M refinancing deal for the Paris Marriott Champs-Élysées hotel. |
| De Pardieu Brocas Maffei | Legal Advisor | Company | Provided legal assistance to Société Générale for the refinancing transaction. |