June 15, 2022
Latham & Watkins has advised the committee of first lien lenders in relation to the €865 million first and second lien financing arrangements and recapitalisation of the Spanish-headquartered MEDIAPRO Group, a leading group in the European audiovisual sector.
The recapitalisation involves a capital increase of €620 million and a significant deleveraging of the group’s balance sheet.
The multi-disciplinary Latham team was led by London finance partners Yen Sum and Bruce Bell, Madrid finance partner Pedro de Rojas, and Madrid Office Managing Partner Ignacio Gómez-Sancha, with London finance associates Jack Isaacs, Hugo Bowkett and Greg Whitaker, and Madrid finance associate Carmen Alonso. Advice was provided on regulatory matters by Madrid partner José María Jiménez-Laiglesia and Madrid counsel José María Alonso.