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Latham & Watkins Represents CommScope in Comprehensive US$4.15 Billion Strategic Refinancing

December 19, 2024
Multidisciplinary team advises on the transaction significantly strengthening the network connectivity solutions provider’s capital structure.

CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in network connectivity solutions, has announced the closing of a comprehensive refinancing with its existing term loan lenders, including funds managed by Apollo and Monarch Alternative Capital, pursuant to which CommScope entered into a new US$3.15 billion senior secured term loan facility maturing in 2029 and issued US$1 billion in senior secured notes maturing in 2031. CommScope utilized the proceeds from the transaction to fully repay its senior notes due 2025 and its existing senior secured term loan facility due 2026.

Latham & Watkins LLP represented CommScope in the refinancing with a capital markets team led by partners Patrick Shannon, Jason Licht, and Christopher Clark, with associates Jack Anderson, Gabrielle Blum, Claudia Dubay, and Wyatt Wisnosky, and a finance team led by partners Jeffrey Chenard, Scott Forchheimer, George Davis, Joshua Tinkelman, and Anupama Yerramalli, with associates Shane Alexander, Adam Deutsch, Lindsay Kenney, Kayla Matthews, Drew Weisberg, Deniz Irgi, and Davis Klabo. Advice was also provided on tax matters by partner Joseph Kronsnoble, with associate Lukas Kutilek, and on benefits and compensation matters by partner David Della Rocca, with associate Marysia Mullen.

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