In May 2023, Hostelworld Group successfully refinanced its legacy COVID-19 era debt facility with a new, lower-interest €17.5 million facility from Allied Irish Banks (AIB). This new facility replaced a higher-cost loan from HPS Investment Partners and significantly strengthened Hostelworld's balance sheet.
Advised Hostelworld on Debt Refinancing
Company
Hostelworld
Transaction
Sector
Activity
Hostel booking platform
Date
Country
Ireland
