DLA Piper are advising The Royal Bank of Scotland plc, Barclays Bank PLC, HSBC Bank plc, HSBC Bank Australia Limited, Caixa d’Estalvis i Pensions de Barcelona, The Governor and Company of the Bank of Ireland and Allied Irish Banks, p.l.c. on their provision of debt finance to The GAME Group plc and its subsidiaries.

The GAME Group plc, Europe’s leading specialist pc and video games retailer today signed new borrowing arrangements for £160m. The new arrangement will repay the existing facility, and cover working capital requirements and increase financial flexibility for the future. 

Philip Butler, Finance partner at DLA Piper said “We are delighted to work on this transaction and to be given the opportunity to display DLA’s geographical capabilities across five jurisdictions. The GAME Group plc hope the refinancing of the debt facilities will give them the appropriate flexibility over the next three and a half years to enhance what they believe is an already strong balance sheet profile.” 

The DLA Piper team was led by Finance partner, Philip Butler, who was assisted by Julie Romer, Smridhi Gulati, Nicola Yang and Richard Stansfield from the London office as well as Finance Partners: Hugo Thistlewood in Australia; Veronique Collin in France; Jesus Zapata in Spain and Carl Schwieler in Sweden.