Squire and Bird & Bird advise on the debt refinancing of We Are Knitters

Squire Patton Boggs and Bird & Bird have advised on the debt refinancing of We Are Knitters (WAK). We Are Knitters is a very popular online e-commerce seller and distributor specialized in weaving and supplies, yarns and wool, with a worldwide customers base of mainly young people.

WAK sells and distributes high quality 100% wool and cotton knitting kits brand, making weaving accessible to everyone, while providing community experts with a consistent variety of the highest quality materials of tools, yarns and wool. With a presence in Spain, the US and Belgium, the main markets of We Are Knitters are Spain, the USA, Canada, UK and France.

Squire have advised the syndicate of lendersThe team was led by Madrid office finance partner Manuel Mingot, with the support of legal director José Luis Iriarte, and associate David Calleja.

Bird & Bird provided legal advice to the borrower.