PRESS RELEASE
18 August 2025

A&O Shearman Advises CVC And Gaming1 On EUR400 Million Refinancing

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Gaming1 is the leading online and retail gaming operator in Belgium, with a presence in France, the Netherlands, Portugal, Spain, and Switzerland.
United States

A&O Shearman has advised CVC, a leading global private markets manager, and its portfolio company Gaming1, on Gaming1’s EUR400m refinancing transaction. The refinancing comprised a EUR400m term loan facility which extended, upsized, and repriced the Gaming1 group’s existing term loan facilities.

Gaming1 is the leading online and retail gaming operator in Belgium, with a presence in France, the Netherlands, Portugal, Spain, and Switzerland.

The A&O Shearman team was led by European co-head of private equity Neil Sinha and sponsor-side leveraged finance partner Nick Hallam, together with senior associate Fraser Jackson and trainee Chawin Charoenpitaks.

Belgian advice was provided by A&O Shearman’s finance team in Brussels, led by finance partner Yves Van Pul with assistance from senior associate Kristof Geukens, with tax advice provided by partner Patrick Smet and senior associate Klaas Backaert.

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.

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