Samsonite International SA, a world leader in the travel luggage and lifestyle sector, conducted a global debt refinancing which includes the celebration of new lines of credit, the corresponding syndication and the issuance of Senior Notes maturing in 2033, as part of a strategy aimed at extending deadlines, optimizing its financial structure and strengthening its global position.
The refinancing included:
- Samsonite's celebration of a new revolving line of credit for USD$850 million,
- Obtaining a new Section A for USD$800 million,
- Obtaining a new Section B for USD$494 million,
- And the Senior Notes issue maturing in 2033 for a total of €350 million,
All of this is part of a comprehensive package that strengthens its liquidity and supports its international operational growth.
This set of transactions positions Samsonite with a more robust and flexible financial structure to meet future obligations and continue its growth in different markets.
Santamarina + Steta He served as legal advisor in Mexico on behalf of Samsonite, participating in the review, analysis and adaptation of the credit and issuance documents, guarantees and local obligations linked to the new credit facilities and international issuances.
The S+S team consisted of Jorge Leon Orantes, Margarita Casarin y Rebeca Chaidez, who provided strategic advice and local coordination in the various Mexican entities that were part of the refinancing.
