14 October 2019
International law firm Taylor Wessing has advised Tech 21 UK Limited (Tech 21) on its recent USD 10 million senior debt facility with Westbrooke Yield Plus S. à r.l. as lender and Westbrooke Alternative Asset Management UK Limited as arranger (Westbrooke).
Tech 21 is a leading global brand, and offers protective solutions to a range of mobile devices including phones, tablets and laptops. The senior debt facility has been put in place to support the continued growth and development of Tech 21.
Commenting on the transaction, Banking and Finance partner Lerika Joubert said: "We have expertise advising technology companies on many aspects of their business, everything from their initial funding rounds to their bespoke debt financing requirements as they continue to grow. We are delighted to have worked with Tech 21 on their first debt financing and look forward to continuing to support them in their future endeavours".
The Banking and Finance team was led by partner Lerika Joubert, associate Katie Horbury and paralegal Katie McAlister.
by Josef Fuss and Lerika Le Grange