Kinanis LLC has acted as common carrier legal counsels to the borrower and lenders in a transaction for the provision of an additional term facility of EUR 175,000,000.00 which involved the negotiations of an amended and restated senior facilities agreement, the drafting of the respective securities and security confirmations under Cypriot legislation and the review and advise on foreign law security documents (having various Cypriot assets charged/pledged/mortgaged) and the issuance of legal opinions on the transaction, for the planned expansion of the borrower into Brazil.
The Borrower is a company operating in the Online Gaming and Betting sector.