Latham Advises Institutional Investors on Kapla Holding’s €100 Million Private Placement

Latham & Watkins has advised the institutional investors in relation to the €100 million private placement tap of Kapla Holding’s existing Senior Secured Floating Rate Notes due 2033. Kapla Holding is the holding company of the equipment rental company Kiloutou, one of the leading European equipment rental players. 

The proceeds of the private placement are expected to be used (i) for general corporate purposes (which may include short-term M&A pipeline and/or partial refinancing of convertible bonds), and (ii) to pay certain fees, costs, and expenses in connection with the issuance of the notes.

The Latham team was led by Paris Capital Markets partner Roberto Reyes Gaskin, with associate Hana Ladhari. Advice was also provided on finance matters by Paris partner Xavier Farde, with counsel Virginie Terzic and associate Bruna Neiva Cardante.