NEWS
Paul Hastings Advises Morgan Stanley, Nomura, Raiffeisen Bank International and Crédit Agricole CIB on CVC Portfolio Co. Tipico’s Repricing of Existing €1.45 Billion Term Loan Facility and New €200 Million and €175 Million Term Loan Facilities
February 14, 2025
Paul Hastings LLP advised Morgan Stanley, Nomura, Raiffeisen Bank International and Crédit Agricole CIB on the establishment by Tipico, a leading German sports betting group and portfolio company of CVC Capital Partners, of the repricing of its existing €1.45 billion term loan facility and new €200 million and €175 million term loan facilities. Proceeds from the new add-ons will be used for general corporate purposes, including financing of acquisitions.
Global Finance partner Reena Gogna led the Paul Hastings team, which also included partner Dr. J. Melchior Raiser and associates Lebo Latakgomo, James Wilkins and Johannes Hilpert.
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