LONDON, July 3, 2025 – Proskauer, a leading international law firm, advised the financing sources in connection with €2,700 million of syndicated financings by Urbaser, SAU, including €800 million of senior secured notes in its debut high yield bond issuance, a €1,500 million term loan B and a €400 million revolving credit facility.
Urbaser is a European environmental infrastructure company focused on the provision of waste collection and treatment services. The Spanish headquartered company is owned by Platinum Equity. The net proceeds of the financings were utilized to repay the company’s existing term loan facilities and to fund a shareholder distribution.
The Proskauer team was led by partners Jake Keaveny and Courtland (Court) Tisdale (Capital Markets and Global Finance) and partners Philip Bowden and Warren Newton (Global Finance). Other members of the team included associates Pierfrancesco Bencivenga, Rana Ali Yar Khan and Michael Malvenda (Capital Markets and Global Finance) and associates Suktika Banerjee, Angus McWhirter and Iqra Bawany (Global Finance).