Hogan Lovells represents Celonis in securing debt financing as part of US$1bn capital raise to help its customers fight economic and supply chain challenges with process improvements
Press releases | 31 August 2022
Washington, D.C., Boston, MA, 31 August 2022 — Global law firm Hogan Lovells represented execution management leader Celonis on the credit facility included in US$1bn of capital financing transactions.
The deal includes a US$400 million equity raise, and the expansion of Celonis’s revolving credit facility to obtain access to as much as US$600 million with a syndicate of leading global banks.
Celonis will use this new round of funding to accelerate its unique position to help customers thrive in challenging economic environments, including investment in product innovation and expansion through acquisition investments.
The Hogan Lovells team representing Celonis on the credit facility was led by banking partner Nathan Cooper (Washington) and M&A partner Alex Aber (Boston), and included banking senior associate Brooke Shekhar (Washington).
More about the deal is here.