Kirkland Advises Sani/Ikos Group on Senior Secured Notes Offering

Kirkland & Ellis advised Sani/Ikos Group on its offering of €350 million of Senior Secured Notes. The offering closed on July 26, 2024.

The Sani/Ikos Group is a group of luxury resorts in unique beachfront locations in the Mediterranean. The group is majority owned by an affiliate of GIC (Realty) Pte Ltd. GIC is a leading global investment firm established in 1981 and the manager of Singapore’s foreign reserves.

The Kirkland team included capital markets partners William Burke, Cedric Van den Borren and Michael Taufner and associates Chi Vo Kavanaugh, Rohan Sahai, Luca Meneghini and Georg Lorenz; debt finance partners Dan Borg and James Collins and associate Nick Parker; tax partner Katie Price and associate Ellen Ronayne; and investment funds partner Joshua Westerholm.