Cirsa Finance Worldwide is a subsidiary of the multinational gaming firm of Cirsa Enterprises has issued senior secured bonds for $707.7m operation. This was carried out in 2 separate tranches first in senior assured bonds for $489.92m and senior floating charges notes for $217.7m.
Cirsa is owned by Blackstone and function and manufactures slot machines current in Spain, Italy, Panama, Colombia, Mexico, Costa Rica and Peru.
Tapia Linares y Alfaro (Talial) acted as authorized counsel to Deutsche Financial institution inventory alternate all through the method. The crew included Fernando A. Linare and Ronie Moreno.
They reviewed the licenses and permits of the Panamanian subsidiary guarantor and the transaction paperwork in addition to drafted a share pledge settlement. They then issued the corresponding authorized opinions which coated the capability of the Panamanian subsidiary guarantor as a way to execute and ship the doc of Panama regulation referring to the Providing.
