Davis Polk advised eDreams ODIGEO S.A. and its subsidiaries, Geo Debt Finance S.C.A. and Geo Travel Finance S.C.A., in connection with a successful solicitation of consents from holders of Geo Debt Finance’s 7.50% senior secured notes due 2018 and Geo Travel Finance’s 10.375% senior notes due 2019 to permit eDreams ODIGEO and its subsidiaries to undertake certain transactions to improve the tax efficiency of the group’s intra-group financing arrangements. Credit Suisse Securities (Europe) Limited acted as solicitation agent on the consent solicitation.

eDreams ODIGEO is the world’s largest online travel company in the flight sector, with more than 15 million customers in 44 countries, and the largest publicly traded European e-commerce company by profitability. It operates through five brands: eDreams, GO Voyages, Opodo, Travellink and Liligo. It makes flight and non-flight products directly available to travelers principally through its online booking channels and via call centers, as well as indirectly through white label distribution partners and other travel agencies. eDreams ODIGEO also provides non-flight products, such as hotel bookings, car rentals and vacation packages. The company’s principal operations are in France, Germany, Spain, Italy, the United Kingdom and the Nordics.  

The Davis Polk corporate team included partner Jeffrey R. O’Brien and associate Brandon Schubert. The corporate team advising as to English law included partner Nick Benham and associate Anne Catherine Ingerslev. All members of the Davis Polk team are based in the London office.