Shearman & Sterling represented a syndicate of lenders in connection with the €280 million senior facilities and the €85 million second lien facility provided to PrimaCom Holding GmbH primarily to refinance certain of its existing indebtedness. The facilities are guaranteed and secured by the material subsidiaries of PrimaCom.

PrimaCom is the fourth largest cable network operator in Germany. The new funding arrangements will lower its financing costs and provide funding for further expansion.

The Shearman & Sterling team below included associates Tim Waterson and Elizabeth Emerson; and trainee solicitor Thomas Jones.

The Team