Waselius advised the ad-hoc committee of Alcentra, GSO Capital Partners and the Royal Bank of Scotland representing the Lenders in the Finnish law aspects of the debt restructuring transaction of European Directories (in Finland, Fonecta) where Triton contributed EUR 15 million of new equity and increased its ownership of European Directories to 50.1 per cent, with the remaining 49.9 per cent split between the Senior Lenders. The restructuring reduced the company’s debt from EUR 893 million to EUR 262 million.
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