Morrison Foerster (MoFo) has advised Dalata Hotel Group on in its inaugural private placement of EUR equivalent €125 million in senior secured green notes to institutional investors. The notes have been structured in line with the Loan Market Association Green Loan Principles.
Dalata is Ireland’s largest hotel operator, with a fast-growing presence in the UK and Continental Europe, Dalata’s 56 hotels include brands Clayton Hotels and Maldron Hotels.
The MoFo team was led by Corporate partner Scott Ashton and associate Amelia Cheng and included Real Estate Finance partner Ed Borrini, and Capital Markets senior of counsel Brian Bates.
Read more about the private placement and Dalata.