ElvingerHoss advised Hellman & Friedman on the offering of €1 billion 5⅝% / 6⅜% senior secured PIK toggle notes due 2031 by Aegis Lux 1A, which owns a minority equity interest in Verisure plc, a leading provider of professionally installed and monitored security services in Europe and Latin America. This transaction represents Europe’s first-ever public high-yield bond secured by a minority equity stake of a recently listed portfolio company.
The team was led by Partner Toinon Hoss and included Senior Associate Ben Reckinger.
