Kirkland & Ellis Advises the Elis Group On its Offering of €450.0 Million High-Yield Senior Secured Notes, €380.0 Million Senior Subordinated Notes and €173.0 Million PIK Notes

Kirkland & Ellis International LLP represented Novalis S.A.S., an intermediate holding company of the Elis group, in its offering of €450.0 million in aggregate principal amount of senior secured notes due 2018. Kirkland also represented Holdelis S.A.S., the direct parent company of Novalis, in its private placement of €380.0 million in aggregate principal amount of senior subordinated notes due 2018 and Legendre Holding 27, the direct parent company of Holdelis, in its private placement of €173.0 million in aggregate principal amount of PIK notes due 2018. The transaction closed on June 14, 2013. The net proceeds of the offering will be used to refinance certain indebtedness.

The Kirkland team that advised on the notes offering included London-based partners Ward McKimm and Cedric Van den Borren, and associates Gilles Teerlinck and Paul Escarcelle-Rees. Partner Russell Light and associates Kevin Zaragoza and Dulcie Sawle Daly advised on the tax aspects of the offering. The Elis group, headquartered in Paris, is the leading multiservice provider of flat linen, garment and hygiene and well-being services in continental Europe. The Elis group is a portfolio company of Eurazeo, a French investment firm listed on NYSE Euronext Paris, which invests in French mid- to large-sized companies.