Latham & Watkins Advises on Allied Universal’s US$6.575 Billion Refinancing
Allied Universal, the world’s leading security and facility services provider, completed a refinancing transaction consisting of new secured term loan facilities of US$5.08 billion and €1.05 billion maturing in 2032 and an extension of its existing US$275 million revolving credit facility maturing in 2030.
Latham & Watkins LLP represented the financing sources in the transaction with a team led by New York banking partners Jennifer Ezring and Michael Waldman, with associates Julia Albrecht and Jun Lei Lee, with assistance from Julius Ma. Advice was also provided on UK banking matters by London partner Ross Pooley, with associates Mark Walker and Camille Gauché.