On November 9, 2016, Garda World Security Corporation (“GardaWorld”) entered into Incremental Agreement in an aggregate amount of US$125 million with the participation of Macquarie Capital Funding LLC (“Macquarie”) and some of GardaWorld’s current lenders.
GardaWorld, which is among the world’s largest privately owned security and cash services provider, offers a range of highly focused business solutions including cash services, protective services and aviation services.
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Séguin Racine, Attorneys, acted as Canadian legal counsel for GardaWorld, with a team consisting of Pierre-Hubert Séguin, Angela Kosciuk and Stéphane Palardy. Simpson Thacher & Bartlett LLP acted as US legal counsel to GardaWorld with a team led by Adam Shapiro.
Macquarie was represented by a team at Paul Hastings LLP of Michael Baker, Michael Chernick and Jason Ewart. Paul Hastings represented Royal Bank of Canada, as agent of the syndicate of GardaWorld’s lenders, with a team led by Sanjay Thapar.