Kirkland Advises KKR Portfolio Company, April, on €1.4 Billion Refinancing

Kirkland & Ellis is advising April, a French insurance broker and portfolio company of KKR, on the implementation of its new €1.2 billion term loan facility and €205 million revolving facility. The seven-year term loan facility will be used to refinance existing indebtedness and support the acquisition of savings and asset management company, DLPK Group, which was announced in January 2024. April is the leading wholesale broker in France with a network of 15,000 partner brokers.

The Kirkland team is led by debt finance partners Ian Barratt and Kalish Mullen, with the support of debt finance associates Toni Prskalo and Carla Bisoli. The team also includes tax partners Sonia Bouaffassa, Ed Moberly and Mavnick Nerwal and associate Louise Chappey.