Collas Crill advised Optimal Payments Plc on the Jersey law aspects of the financing of its €1.1 billion acquisition of the Skrill Group - funded through a rights issue and debt finance facilities - together with certain related corporate matters.
The Optimal Payments Group is a global provider of e-money services and the Skrill Group is one of Europe's leading digital payments providers.
The Collas Crill team advising Optimal Payments Plc was led by banking and finance partner Nicholas Davies, with assistance from associate Chantelle Foster and paralegal Sarah Parker. Hogan Lovells acted as English law counsel to Optimal.
Commenting on the transaction, Nick said:
"This deal stands out as a significant acquisition in the global digital payments space and reinforces Jersey's increasingly key role in the fintech sector. We look forward to working with Optimal Payments in the future."