Dentsu International Limited’s Revolving Credit Facility Refinancing

In UK Slaughter and May, advised on the matter.

Slaughter and May advised Dentsu with a team including Caroline Phillips (Picture – Finance).

Dentsu International Limited (“Dentsu”) refinanced its revolving credit facility. The new three-year £500 million multicurrency revolving credit facility (the “Facility”), with the option for two one-year extensions, is guaranteed by Dentsu Group Inc. The Facility is sustainability linked, with the margin adjusting based on Dentsu meeting certain ESG KPIs, including emissions against an annual benchmark and the percentage of women in senior leadership positions across Dentsu.

Slaughter and May worked alongside Mori Hamada & Matsumoto, who advised on matters of Japanese law.

Slaughter and May’s team included Caroline Phillips (Picture), Partner, Paul Duncan, Associate, Fatima Harlock, Trainee, Ed Milliner, Senior Counsel and Stephen Elhabbal, Associate.

Involved fees earner: Paul Duncan – Slaughter and May; Stephen Elhabbal – Slaughter and May; Ed Milliner – Slaughter and May; Caroline Phillips – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Dentsu;

Author: Giulia Di Palma