Goldman Sachs and Highgate Hotels acquires K+K Hotels Group
Client(s) Goldman Sachs International
Jones Day advised a consortium led by Goldman Sachs and Highgate Hotels, a leading hospitality investment and management company, in its acquisition, acquisition financing, and debt restructuring of the K+K Hotels group, which owns a portfolio of ten boutique hotels located in London, Paris, Barcelona, Munich, Vienna, Prague, Budapest, and Bucharest. The financing was provided by the Royal Bank of Canada and consisted of a complex, multi-jurisdictional secured facility.