Acting for Center Parcs on landmark £285m notes issuance

Our Bermuda Finance team acted for Center Parcs on the offer and issuance of £285m aggregate principal amount Class B8 Fixed Rated Secured Notes due 2058.
 
Center Parcs, a leading United Kingdom and Ireland short-break holiday operator owned by Brookfield, has issued new notes to refinance its existing B5 Notes and support a shareholder distribution. The business operates six purpose-built holiday villages attracting over two million guests annually.

Our team was led by partner Adam Bathgate with support from senior associate Korin Knights. 
 
This transaction highlights our market-leading expertise as Bermuda's debt finance specialists, advising on complex, cross-border financings for our global clients.
 
Congratulations to Center Parcs and their lead onshore counsel, Freshfields, on the successful completion of this transaction.