Hogan Lovells, Travers on board for £190m thetrainline.com refinancing

legalweek

Hogan Lovells and Travers Smith have won the lead roles on a debt refinancing deal for thetrainline.com which has seen the UK ticketing website raise a £190m loan.

Private equity group Exponent, which owns thetrainline.com, carried out a refinancing process which increases the company’s debt to permit a payout, just over a year after shelving plans to sell the website.