Nexture Completes €425 Million Notes Offering in Connection With Combination of CSM Ingredients and Italcanditi

Paul, Weiss advised Nexture S.p.A., a portfolio company of Investindustrial and a leading international platform active in the design, manufacturing and marketing of high-value and innovative food ingredient solutions, in the issuance of €425 million of senior secured floating rate notes due 2032 and the entry into a new €80 million revolving credit facility, both in connection with the combination of CSM Ingredients S.à r.l. and Italcanditi S.p.A. Proceeds from the notes offering were used to refinance existing debt of CSM Ingredients and Italcanditi, and for general corporate purposes.

The Paul, Weiss team was led by corporate partners Matthew Merkle, Nicolò Ascione, Stefan Arnold-Soulby and Neel Sachdev, and included tax partners Timothy Lowe, Cian O’Connor, Lindsay Parks and counsel Samir Kurani.