Teneo in its seven-year term loan facility and five-year revolving credit facility
On March 13, 2024, Teneo, a portfolio company of CVC Capital Partners, entered into a new (i) $710 million senior secured term loan facility and (ii) $90 million senior secured revolving credit facility, with Nomura Corporate Funding Americas, LLC, as administrative agent. Proceeds from the facilities were used to refinance Teneo’s existing senior secured credit facilities.
Wachtell, Lipton, Rosen & Katz served as legal advisor to Teneo.
