United Group Completes €750 Million High Yield Notes Offering

Paul, Weiss advised United Group, a leading telecommunications player in southeastern Europe that is majority-owned by BC Partners, in its issuance of €750 million 6.50% senior secured notes due 2031. Proceeds from the offering were used to refinance the company’s existing senior secured notes and repay debt outstanding under its super senior revolving credit facility.

The Paul, Weiss team was led by corporate partners Matthew Merkle, Kanesh Balasubramaniam and Nicolò Ascione, and included tax partners Timothy Lowe and Cian O’Connor, and counsel Jamie Chambers, Samir Kurani and Patrick Karsnitz.