Latham & Watkins Advises HPS Investment Partners, LLC in Providing US$1 Billion Senior Secured Credit Facility to Bombardier

Bombardier, a global leader in the transportation industry, has announced that it has successfully closed the previously announced three-year US$1 billion senior secured term loan facility with HPS Investment Partners, LLC, acting as administrative agent, collateral agent and the lead lender for a group that included investment funds and accounts managed by HPS Investment Partners, LLC and Apollo Capital Management, L.P., or their respective affiliates, and Special Opportunities and Direct Lending funds managed by Ares Management LLC.

Latham & Watkins LLP represented HPS Investment Partners, LLC in the transaction with a team led by New York partners Stelios Saffos and Peter Sluka, with associates Aaron Franklin, Simon Cooke, and Patrick Nicoll. Advice was also provided on structured finance matters by New York partner Graeme Smyth, with associate Sam Kwak; on collateral and security matters by New York partners Eugene Mazzarro and Conray Tseng, with associates Jonathan Goldberg and Matthew Issa; on German corporate and finance matters by Hamburg partner Torsten Volkholz, with associate Jan Heuer; and on tax matters by New York partner Jocelyn Noll.