The Freshfields team advising on the transaction was drawn from across Freshfields’ global network and was led by partner Ward McKimm

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Carlson Wagonlit Travel on its notes offering worth approximately $1bn and its $150m revolving credit facility. The offering included $415m of 6.75% senior secured notes that are due to mature in 2023, €330m of senior secured floating rate notes that are due to mature in 2023, and $250m of 9.5% senior notes that are due to mature in 2024. The deal closed on 16 December 2016.

Carlson Wagonlit Travel is a leading business travel management company and provides corporate travel services, as well as specialised services for clients in the energy, resources, and marine services industries. Carlson Wagonlit travel operates in nearly 150 countries, through wholly owned operations, joint ventures, minority holdings and a network of contracted partners.

The Freshfields team advising on the transaction was drawn from across Freshfields’ global network and was led by partner Ward McKimm. Support was provided by partners David Almroth, Emiliano Conio, Thijs P. Flokstra, Michael Josenhans, Sean Lacey, Ana Lopez and Geert Verhoeven and associates Michael Blau, Shruti Dusaj and Gordon Houseman.