Kirkland Advises FiberCop on €1 Billion Senior Secured Notes Offering, €500 Million Tap Notes Offering and Concurrent Tender Offer

Kirkland & Ellis advised FiberCop in connection with its offering of €1 billion in aggregate principal amount of 5.375% senior secured notes due 2031 (the “Offering”). The proceeds of the Offering were used to fund cash to FiberCop’s balance sheet that will be available for general corporate purposes, which may include capital expenditures and the potential refinancing of existing debt, and to pay fees and expenses in connection with the Offering. The Offering closed on April 10, 2026.

Kirkland also advised FiberCop in connection with its subsequent tap offering of €500 million in aggregate principal amount of 5.375% senior secured notes due 2031, which are consolidated and form a single series with the foregoing €1 billion 5.375% senior secured notes due 2031 (the “Tap Offering”), and its concurrent tender offer for €500 million in aggregate principal amount of its outstanding 2.375% notes due 2027, 6.875% notes due 2028 and 7.875% notes due 2028 (the “Tender Offer”). The proceeds of the Tap Offering, together with cash on balance sheet, were used to pay the purchase price for the Tender Offer and to pay fees and expenses in connection with the transactions. The Tap Offering closed on April 22, 2026, and the Tender Offer settled on April 23, 2026.

The Kirkland team included capital markets lawyers Marwa Elborai, AJ Brown, Connor Anear, Luca Meneghini and Younes Mahmoudieh; debt finance lawyers Sinead O’Shea, Jia Meng, Marco Convertini, Ashley Bannister and Malcolm Wu; tax lawyer Peter Abbott; corporate lawyers Alvaro Membrillera, Adam Wollstein and Stefano Castoldi; and investment funds regulatory lawyer Josh Westerholm.