WS Atkins - issue of US$75,000,000 private placement notes

  • 15 May 2012
 

Slaughter and May advised WS Atkins plc, the design and engineering consultancy group, in relation to its issue of US$75,000,000 private placement notes. The notes are unsecured, have a fixed rate coupon of 4.38% p.a. and a term of seven years. The proceeds will be used to repay drawn funds under WS Atkins plc’s existing bank facility and for general corporate purposes.

Slaughter and May provided English law advice for WS Atkins plc and its English subsidiaries guaranteeing the notes. US law advice was provided by Morrison & Foerster LLP, Florida law advice was provided by Greenberg Traurig LLP and Gibraltar law advice was provided by Hassans.

 
 

Contacts

 

Financing: Matthew Tobin (partner), Caroline Phillips (associate), Jemil Visram (associate); Tax: Sara Luder (partner), Emma Game (associate)

 
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