Kirkland Advises Bain Capital Private Equity and Cinven on STADA’s €1.25 Billion Senior Secured Notes Offering

Kirkland & Ellis advised Bain Capital Private Equity and Cinven, through their portfolio company STADA, in connection with STADA’s offering of €650 million in aggregate principal amount of senior secured notes due 2030 and €600 million in aggregate principal amount of senior secured floating rate notes due 2030. The proceeds of the offering of the notes were used to fund a partial redemption of STADA’s existing senior secured notes due 2026 and to fund the full repayment of STADA’s existing term loan B1 (EUR) facility.

The Kirkland team included capital markets lawyers Marwa Elborai, Tim Volkheimer, AJ Brown, Will Taylor, Georg Lorenz and Katherine Hu; debt finance lawyers Christopher Shield, Sam Sherwood, Alexander Längsfeld, Thomas Raftery, Fabrice Hipp, Toni Prskalo and Aman Nath; tax lawyers Mike Carew, Alan Walker, Michael Ehret, Peter Abbott, Cosmos Fung, Grace Nielsen and Florian Schütte; and corporate lawyer Maximilian Liegl.