A&O advises on acquisition financing for Worldline’s payment terminals business by Apollo
20 July 2022
Allen & Overy’s leveraged finance team has advised Bank of America, Barclays, Credit Suisse, Goldman Sachs, HSBC, Oldenburgische Landesbank, Royal Bank of Canada, Société Générale and UniCredit on the financing supporting the EUR2.3 billion acquisition of Worldline’s payment terminals business by Apollo.
Worldline is a global leader in secure payments and trusted transactions at the forefront of the digital revolution that is shaping new ways of paying, living, doing business and building relationships that pass on trust along the entire payments value chain, enabling sustainable economic growth.
In London the transaction was led by partners Nick Clark and John Kicken with senior associate Luke Newling and associates Sampada Bannurmath, Nicole Crockford, Andreas Georgiades and Isidora Parga. The Paris team was led by Thomas Roy.
The acquisition was agreed in February and is due to close in September 2022.