November 11, 2024
Weil advised Goldman Sachs and the other lead arrangers in connection with a repriced and upsized $1.540 billion term loan B for WWEX Group (owned by a consortium including CVC Capital Partners, Providence Equity Partners and PSG and Ridgemont Equity Partners), the proceeds of which will be used in part to pay down WWEX’s second lien term loan facility.
WWEX Group, consisting of Worldwide Express, GlobalTranz and Unishippers is a leading non asset provider of technology-driven freight brokerage and third-party logistics solutions serving shippers and carriers across the U.S.
The Weil deal team was led by Banking & Finance partner Justin D. Lee and included Banking & Finance counsel Evan Nichols and Banking & Finance associates Kristen Shaw and Julia Pjevach.