Paul Hastings Advises on €1.1 Billion MotoGP Refinancing
Deal News | Aug 21, 2025 | Paul Hastings
Paul Hastings has played a crucial advisory role in the €1.1 billion refinancing of MotoGP's debt facilities. Representing BNP Paribas and Goldman Sachs, Paul Hastings acted as global coordinators and arrangers, as well as the lenders. The refinancing involves MotoGP's first lien Term Loan B, Term Loan A, and a multicurrency revolving facility. MotoGP, a subsidiary of Liberty Media Corporation, is a significant commercial rights holder for various major motorcycle racing championships, including the FIM MotoGP World Championship. Global Finance partners Ismael Duran and William Lam led the Paul Hastings team, supported by other partners and associates.
Sectors
- Financial Services
- Sports and Recreation
- Legal Services
Geography
- Europe – The refinancing is valued in Euros, indicating a European connection.
- Global – Paul Hastings and involved banks operate globally.
Industry
- Financial Services – The article discusses financial advisory services and refinancing involving major banks and law firms.
- Sports and Recreation – MotoGP is involved in organizing and holding rights to various motorcycle racing championships.
- Legal Services – Paul Hastings, a law firm, is advising in the refinancing process.
Financials
- €1.1 billion – Aggregate value of the refinancing of MotoGP's debt facilities.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings | Legal Advisor | Company | A premier law firm providing services globally. |
| BNP Paribas | Global Coordinator and Arranger/Lender | Company | One of the leading banks involved in the refinancing. |
| Goldman Sachs | Global Coordinator and Arranger/Lender | Company | One of the leading banks involved in the refinancing. |
| Dorna Sports, S.L. (MotoGP) | Target Company | Company | MotoGP manages the FIM MotoGP World Championship and other racing rights. |
| Liberty Media Corporation | Parent Company | Company | Parent company of MotoGP. |