Inspired Education Completes €2.14 Billion Refinancing

Paul, Weiss advised Inspired Education, a leading global premium school operator serving 90,000 students in 118 schools across 24 countries, on its €2.14 billion refinancing. The financing was the largest euro-denominated term loan B for an issuer in the education space and was multiple times oversubscribed. Final pricing for the financing was in line with the tightest B2 / B rate issuances since February 2020. The financing package included a €300 million delayed draw term loan, with the tightest pricing ever achieved for a European delayed draw term loan.

The Paul, Weiss team included partners Neel Sachdev and Kanesh Balasubramaniam.