LONDON, April 7, 2025 – Proskauer, a leading international law firm, announced today that it has advised funds managed by H.I.G. Bayside Capital Europe and Triton on a new five-year, £125 million unitranche facility for Riviera Travel, backed by Silverfleet Capital, to refinance its debt.

Riviera Travel is a global travel brand specializing in escorted tours, cruises and solo holidays. Headquartered in the UK, the company focuses on the over 60s market and has built an excellent reputation for quality, value for money and exceptional customer service.

The Proskauer team was led by partner Alex Griffith and included associates Rafael Serrano, Aaron H.T. Wong and Zoe Zimmermann (Private Credit).

About Proskauer

The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. With 800+ lawyers in key financial centers around the world, we are known for our pragmatic and commercial approach. Proskauer is the place to turn when a matter is complex, innovative and game-changing. We work seamlessly across practices, industries and jurisdictions with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and other industry-redefining companies.

The Firm’s Private Credit Group is made up of cross-disciplinary finance and restructuring experts exclusively dedicated to private credit investors. It includes over 110 finance and restructuring lawyers focused on representing credit funds, business development companies, and other direct lending funds in the restructuring of “clubbed” and syndicated credits, preferred equity, special situations and alternative investments. Over the past five years, Proskauer has been involved in over 1,200 deals for more than 100 private credit clients across the U.S. and Europe with an aggregate transaction value exceeding $350 billion.