{"id":46340,"date":"2024-12-18T08:47:39","date_gmt":"2024-12-18T08:47:39","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=46340"},"modified":"2024-12-18T08:48:29","modified_gmt":"2024-12-18T08:48:29","slug":"bain-capital-completes-financing-for-acquisition-of-so-ma-ci-s","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/bain-capital-completes-financing-for-acquisition-of-so-ma-ci-s\/","title":{"rendered":"Bain Capital completes financing for acquisition of SO.MA.CI.S."},"content":{"rendered":"<p><strong>Niederer Kraft Frey advised leading private equity firm Bain Capital and its affiliate Castello (BC) Bidco S.p.A. on the Swiss law aspects of Castello\u2019s debut issuance of EUR 550 million senior secured floating rate notes due 2031,<\/strong><!--more--><span style=\"font-size: 1rem\">and its entry into a new EUR 100 million revolving credit facility.<\/span><\/p>\n<p>Under the terms of the transactions, EUR 350 million in proceeds from the notes was used in connection with Bain\u2019s acquisition of SO.MA.CI.S. S.p.A, a leading global manufacturer of high complexity printed circuit boards. Another EUR 200 million in proceeds from the notes was deposited into escrow pending completion of an acquisition by SO.MA.CI.S. The notes were issued pursuant to Rule 144A and Regulation S under the U.S. Securities Act and listed on the Luxembourg Stock Exchange\u2019s Euro MTF market.<\/p>\n<p>The NKF team was led by M&amp;A\/Finance partners Adrian Koller and Philip Spoerl\u00e9, working with junior associate Manuel Constam (M&amp;A\/Finance) and partner Markus Kronauer (Tax). Paul, Weiss acted as lead counsel to Bain Capital in this transaction, with a team led by partners Matthew Merkle, Kanesh Balasubramaniam, Deirdre Jones, Nicol\u00f2 Ascione, Neel Sachdev, Marco Bagnato, Timothy Lowe and counsel Samir Kurani and Patrick Karsnitz.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-46340","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/46340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=46340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}