For media enquiries, please contact firstname.lastname@example.org
Conyers’ Audrey Robertson, Alison Chilcott Spyer and Kristian Wilson provided BVI advice to Kerzner in respect of the multi-jurisdictional refinancing of US$145 million of its debt. The transaction involved 17 companies in the Kerzner Group. Deutsche Bank was appointed as mandated lead arranger and underwriter of the facility which was subsequently syndicated in the market. Other banks included Abu Dhabi Commercial Bank, Emirates NBD and Doha Bank. Kerzner is a leading international developer and operator of destination resorts, casinos and luxury hotels, including Atlantis Paradise Island, Atlantis the Palm and One&Only Resorts. This refinancing will allow Kerzner to reduce its interest costs, reinvest in growth projects and continue its focus as a management company. The Conyers’ team acted along side Kirkland & Ellis LLP (Chicago and London), SNR Denton (UAE), Creel, Garcia-Cueller (Mexico) and Harry B Sands Lobosky & Co. (the Bahamas).