Hogan Lovells and Travers Smith have won the lead roles on a debt refinancing deal for thetrainline.com which has seen the UK ticketing website raise a £190m loan. Private equity group Exponent, which owns thetrainline.com, carried out a refinancing process which increases the company’s debt to permit a payout, just over a year after shelving plans to sell the website.
September 11, 2013 at 12:02 PM
1 minute read
The original version of this story was published on Legalweek
Hogan Lovells and Travers Smith have won the lead roles on a debt refinancing deal for thetrainline.com which has seen the UK ticketing website raise a £190m loan.
Private equity group Exponent, which owns thetrainline.com, carried out a refinancing process which increases the company’s debt to permit a payout, just over a year after shelving plans to sell the website.
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