Sidley Represents Beach Point Capital In US$190 Million Financing For Cipriani’s Global Expansion
Sidley advised the underwriters on Brown & Brown’s $8.6B capital raise, funding the acquisition of Accession Risk Management Group, led by J.P. Morgan and BofA.
Sidley Represents Beach Point Capital in US$190 Million Financing for Cipriani’s Global Expansion
Sidley represented Beach Point Capital Management LP in its multi-jurisdictional First Lien Senior Secured Delayed Draw Term Loan Facility to Cipriani USA, Inc. and its global affiliates. The US$190 million financing supports the global growth of Cipriani, a renowned luxury hospitality brand, and includes funding for one of its landmark projects—Cipriani Resort, Residences, and Casino Punta Del Este in Uruguay, a development valued at over US$500 million.
Beach Point, a multi-strategy investment firm with approximately US$19.3 billion in AUM, brings deep expertise in the hospitality and gaming sectors. Its experience and creative deal structuring made it an ideal partner for Cipriani's continued expansion into premium international markets.
Sidley Advised Underwriters on Brown & Brown’s $8.6 Billion Notes and Equity Offerings
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