Hogan Lovells advises on refinancing of French holiday-park operator

Hogan Lovells has advised a syndicate of five lenders on the €80m (£70m) refinancing of French holiday-park operator Siblu, owned by private equity company Bridgepoint Development Capital.

The deal is said to demonstrate the growing importance of alternative credit providers to the European leveraged finance mid-market.

In addition to advising Barclays and Société Générale, Hogan Lovells also advised credit funds Haymarket Financial, Babson and Tikehau. The credit funds formed the largest part of the lending group.

The Hogan Lovells team was led by banking partner Stuart Brinkworth, assisted by of-counsel Jo Robinson and associate Francis Booth. The team also included Paris banking partner Michel Quéré.