Herbert Smith Freehills advised NB Private Equity on a refinancing for NB PEP Investment LP
Herbert Smith Freehills has advised Neuberger Berman Private Equity Partners Limited (the "Company"), on the refinancing of the existing revolving credit facility of NB PEP Investments LP (the "Borrower") through a US$150 million facility (including a US$ 25 million accordion) governed under New York law.
The facility is guaranteed by the Company as well as all of the Borrower's subsidiaries and secured by substantially all of the assets of the Company and its subsidiaries.
The Herbert Smith Freehills team was led by US finance partner Gabrielle Wong.