CataCap and TP Aerospace receive counsel from our law firm concerning their initial bond offering, which falls under a $250 million framework in the United States.
In a significant transaction, global law firm White & Case LLP has advised Danish private equity firm CataCap and its portfolio company TP Aerospace on the issuance of US$130 million floating rate senior secured bonds due 2030, under a framework of US$250 million.
The deal was primarily handled in the service area of Sweden, with the White & Case team based in Stockholm providing their expertise. The team was led by partner Michael Bark-Jones, who is an authority in Capital Markets, Bank Lending, Borrower Finance, Private Credit & Direct Lending, and Technology sectors within Debt Finance.
Michael was supported by associates Daniel Agnemyr and Jakob Matell. Daniel, who specializes in Debt Finance, Technology, Life Sciences, and Healthcare, played a key role in the transaction. Meanwhile, Jakob, with his expertise in Debt Finance, contributed significantly to the negotiation of the deal.
TP Aerospace, an aftermarket provider of wheels and brakes for airlines worldwide, has employees in offices, warehouses, and service centers in Europe, the US, and Asia. As a portfolio company of CataCap, this transaction marks a significant step forward for the company.
White & Case's service areas extend beyond the Nordic region, encompassing various industries, including Technology, Infrastructure, and Transportation & Logistics. The firm's New York City team also played a crucial role in the negotiation of the bonds, highlighting their global reach.
CataCap is a Danish-based private equity buy-out fund investing in mid-sized companies. This transaction underscores White & Case's expertise in Private Capital, a category of investment strategies that include private equity, venture capital, and credit one financing. The issued bonds have a maturity date of 2030.
While no local media contact information was provided, this news is a testament to White & Case's continued success in advising on significant transactions across the globe.
