Schoenherr, working with Morgan Lewis, has advised Pathlight Capital on its term loan to Lumos Holdings US Acquisition Co. Baker McKenzie advised Lumos in Hungary and the UK.
Pathlight Capital is a private credit investment manager providing asset-based loans secured by first and second liens against tangible and intangible assets.
According to Schoenherr, the term loan was provided under a “New-York-law-governed credit agreement. The term loan is secured and guaranteed by Lumos subsidiaries incorporated in, among others, Hungary.”
Schoenherr’s team was led by Partner Gergely Szaloki and included Associate Balint Bodo.
The Baker McKenzie team included Partners Jozsef Vagi and Ines Radmilovic, Associate Greta Gali, and Junior Associates Robert Tran, Andrea Weinraub, and Dorottya Kosa.