Elvinger Hoss Prussen advised Queensgate Investments on $800M global refinancing involving Europe and US

Elvinger Hoss Prussen advised Queensgate Investments on Luxembourg law aspects of a $800M global refinancing of Generator Hostels (Generator), a lifestyle hospitality platform which owns, operates and develops assets across Europe and North America.

The refinancing involved 13 jurisdictions worldwide and featured a combination of European debt facilities, private bond issuances for Generator’s European arm, which was backed by Ares Management, and U.S. debt facilities for Generator’s U.S. arm, which was backed by Generator’s existing lenders Waterfall Asset Management and Värde Partners.

The team was led by partner Patrick Santer and composed of senior associate Jean-Baptiste Lhuillier, associates Nicolas Gilbert and Sarah Paquet.