Baker McKenzie's Transactional Team advised Rimini Street, Inc., a leading global provider of enterprise software products and services, on the closing of a previously announced $90 million five-year senior secured credit facility. Approximately $88 million of the borrowings under the credit facility were used for the redemption of the remaining Series A Preferred Stock and the remainder of the borrowings will be used for related transaction costs and other general corporate purposes.

Baker McKenzie's deal team was led by corporate partner Lisa Fontenot and leveraged finance partner Andrew Sagor; tax partners Patricia McDonald and Patrick Renckly; intellectual property partner Marcela Robledo; and employee benefits counsel Michael Poland, together with leveraged finance associates Amit Parekh and Chen Tang.

For more information about this transaction, please see Rimini Street’s press release.
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