Slaughter and May advised International Workplace Group plc on a series of related refinancing transactions

Slaughter and May advised International Workplace Group plc (“IWG”), the global operator of leading co-work and workspace brands, on a series of related refinancing transactions, including:

  • the issuance of a €575,000,000 investment grade bond (the “Bond”);
  • the entry into a $720,000,000 revolving credit facility;
  • various transactions which reduce the face value of the £350,000,000 Convertible Bond issued by IWG Group Holdings S.À R.L. – on which Slaughter and May also advised - to £231.7m; and
  • the entry into hedging agreements in relation to the Bond. 

The Bond will be listed on the International Securities market of the London Stock Exchange and carry a coupon of 6.50%.

Financing
Guy O'Keefe Partner
Kevin Howes Partner
James Costi Senior Counsel
Teddy Sasada Associate
Jake Buckingham Associate
Carli van Staden Associate
Mike Hargrove Associate

Jevon Leong / Visiting Lawyer, Charlotte Strivens / Trainee, Anna Dai / Trainee, Nathan Barrow / Trainee, Steve Osagie / Trainee

Tax
Mike Lane Partner
Adam Merlander Associate
Corporate
Paul Mudie Partner
Rahul Mittal Associate