Freshfields advises TriNet Group, Inc. in $500m private offering of senior notes and new revolving credit facility

Freshfields Bruckhaus Deringer LLP has advised TriNet Group, Inc. in a private offering of $500 million in aggregate principal amount of its 3.5% senior notes due 2029, and on its new $500 million revolving credit facility. The offering and credit facility closed concurrently on February 26, 2021. The offering is exempt from the registration requirements of the Securities Act of 1933.

TriNet Group, Inc. is a large professional employer organization that provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry.

View TriNet’s official press release here. 

The Freshfields capital markets team consisted of partner Sarah Solum, counsel Brian Lewis and associate Connie Qian. The Freshfields finance team consisted of partner David Almroth and associates Aino Makisalo and Michael David Harris. Intellectual property advice was provided by partner Menachem Kaplan and special counsel Peter Jaffe. Tax advice was provided by Dennis Caracristi. Sanctions advice was provided by associate Hannah Khalifeh. Employee benefits advice was provided by senior associate Jordan Salzman.

ENDS

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world’s leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

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