September 08, 2023
Weil advised KKR funds and accounts managed by its credit business on its agreement to provide a £75 million non-recourse financing facility to TalkTalk, a leading value for money connectivity provider in the U.K. The facility, which is collateralized by certain accounts receivables originated by TalkTalk and its subsidiaries, replaces a prior £75 million financing facility, which matures in September 2023.
The Weil team was led by partner Jacky Kelly assisted by Andrew Norwood, Edward Nineham and Peter Hession. London partners Jenny Davidson and Mark Lawford also advised.