Akin Gump Advises Institutional Investors in Safestore Refinancing
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(Hartford, CT) – Akin Gump advised a group of institutional investors in a new U.S. private placement of secured notes as part of a refinancing of Safestore Holdings plc and its French business Une Pièce En Plus.
The transaction involved Safestore’s existing bank facilities and existing U.S. private placement program. The new notes were issued to a select group of institutional investors in the United Kingdom and the United States.
Safestore is the UK’s largest self-storage provider with nearly 150 stores. Its principal operations are in the UK, with additional properties located in France.
Akin Gump corporate partner Chip Fisher led the team advising the investors. He was joined by corporate counsel Anthony Goodman.
Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 1,000 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East.
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