Kirkland Advises Banijay Group on the Amend, Extend and Upsize of its Senior Secured Indebtedness
Kirkland & Ellis advised Banijay Group, owned by FL Entertainment (AMS:FLE), on the amendment and extension of its €453 million term loan facility, $460 million term loan facility and the incurrence of additional indebtedness in an amount equivalent to €200 million. Banijay produces and distributes content for television and multimedia platforms and is home to over 130 production companies across 21 territories, and a multi-genre catalogue boasting over 160,000 hours of original standout programming.
The Kirkland team was led by debt finance partners Evgeny Zborovsky, Kalish Mullen and Neel Sachdev and capital markets partner Cedric Van den Borren, with the support of capital markets partner Antoine Lebienvenu and debt finance associates Carla Bisoli and Anastasis Voskos. The team also included tax partner Sonia Bouaffassa and debt finance partners Alexander Läengsfeld and Ben Steadman and associates Bradley Cho, Vahagn Gharagyozyan and Nino Goglidze.