Latham & Watkins advises Mediapro’s debt creditors
Latham & Watkins has advised the creditors’ committee on the refinancing of the debt of Grupo Mediapro, a firm specialised in the European audiovisual sector and headquartered in Spain. By this deal, the content production’s company reduces its financial debt by €900 million.
The agreement includes a capital increase of €620 million with immediate effect, fully subscribed by its main shareholder, Southwind Group, the parent company of Chinese conglomerate Hontai Capital, which became a shareholder of Grupo Mediapro in 2018.
The team from Latham & Watkins advising the creditors was led by: The managing partner, Ignacio Gómez- Sancha (pictured top right), the Partner of Restructuring and Special Situations, Pedro de Rojas (pictured left) and the Associate, Carmen Alonso (pictured bottom right).