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Latham & Watkins Advises Blackstone and Blue Owl in Cross-Border Growth Financing for TravelPerk

June 19, 2024
Firm represents the lenders in the secured credit facility for the leading business travel platform.

TravelPerk, the hyper-growth global business travel management platform, announced it has raised a new credit facility of up to US$135 million led by Blackstone Credit & Insurance and Blue Owl Credit, two leading global alternative asset managers. 

Latham & Watkins LLP represented Blackstone and Blue Owl in the transaction with a US finance team led by partners Elizabeth Oh and Haim Zaltzman, with associates Hyunji Lee and Tyler Davis. Advice was also provided on UK finance matters by partner Tracy Liu, with associates Liam Feng and Alex Peters; on Madrid finance matters by Madrid counsel Luis Sanchez, with associate Jaime Grau; on UK intellectual property matters by associates Elva Cullen and Ben Leigh; on US tax matters by partners Katharine Moir and Bora Bozkurt, with associate Brian Rogers; on UK tax matters by partner Karl Mah, with associates Lina Le Roux and Isabella Wong; on security matters by counsel Emily Yu; on ERISA matters by partner Julie Crisp; on corporate matters by partners Jim Morrone and Christopher Clark; on certain regulatory matters by counsel Ruchi Gill; and on data privacy matters by counsel Robert Brown, with associate Kiara Vaughn.