Paul Hastings LLP announced on May 13 that it advised A&K Travel Group in the issuance of $700 million in aggregate principal amount of 7.500% senior notes due 2033. The refinancing also included a new revolving credit facility.
The transaction was led by Global Finance partners Jemma Lohr McPherson and Max Kirchner, along with Corporate partner Matthew Poxon. Associates Pierfrancesco Benedetti and Marine Tabory-Barraly were also part of the team, with additional support from corporate, finance, tax, and regulatory teams including partners Jenny Doak, William Lam, Nina Moffatt, of counsel Rob Wilson, and associates Hugh L. Malesh, Silas Raggett, Matthew Thrush, Ida Töyrä, James Waite and Samantha Wood.
According to Paul Hastings LLP’s announcement: “Paul Hastings LLP advised A&K Travel Group, a leading global experiential luxury travel company, in connection with the issuance of $700 million in aggregate principal amount of 7.500% senior notes due 2033. The refinancing also included a new revolving credit facility.”
The law firm said its widely recognized elite teams span across 17 core practices and that it is focused on providing intellectual capital and execution globally to investment banks, asset managers and corporations.
The deal highlights continued activity within the luxury travel sector as companies seek to refinance debt structures while leveraging legal expertise for complex transactions.
