Skadden counsels Castlelake on refinancing of Abra Group
Skadden Arps Slate Meagher & Flom has counselled Castlelake as lead investor and lender in the USD $740 million secured term loan to Abra Group Limited and its subsidiaries, parent company of Brazilian airline Gol Linhas Aéreas Inteligentes and Colombian airline Avianca Group International Limited.
The proceeds of the term loan – together with proceeds from a separate note issue – were used to refinance Abra’s USD $1.15 billion senior secured notes due 2028.
Skadden’s team included Corporate Restructuring partner James Mazza (pictured) and associate Robert Fitzgerald; Capital Markets partner Alejandro González Lazzeri; Banking partner Pete Coulton, counsels Jose Nicolas Perez-Sierra and Brendan Macreadie and associates Glen Strong and Phoebe O’Keeffe; Corporate partner George Knighton and associates Frances Burchall and Elvira Perez; and Investment Management partner Greg Norman. All lawyers working from the offices in Chicago, New York and London.
