Paysafe $400 million and €435 million senior secured notes offering
Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by Paysafe Finance PLC and Paysafe Holdings (US) Corp., wholly-owned, indirect subsidiaries of Paysafe Limited, of $400 million aggregate principal amount of 4.000% senior secured notes due 2029 and €435 million aggregate principal amount of 3.000% senior secured notes due 2029.
Paysafe, is a leading, global pioneer in digital commerce, empowering over 15 million active users in more than 120 countries and over 250,000 small and medium-sized businesses across the United States, Canada and Europe to conduct secure and friction-less commerce across online, mobile, in-app and in-store channels.
The Davis Polk capital markets team included partners Byron B. Rooney and Pedro J. Bermeo and associates Heita Miki and Prince Kudolo. The finance team included partner Meyer C. Dworkin and associate Christopher Nairn-Kim. The tax team included partner Jonathan Cooklin, counsel Kiara L. Rankin and associate Freddie Schwier. The financial institutions team included counsel Andrew B. Samuel. Members of the Davis Polk team are based in the New York and London offices.