Slaughter and May advised Currencies Direct on its £165m dividend recapitalisation

Slaughter and May advised Currencies Direct, a portfolio company of Palamon Capital Partners and Corsair, on its £165m dividend recapitalisation.

Currencies Direct is a global leader in digital foreign exchange and international payment services to high value private clients and SMEs.

Slaughter and May supported the Currencies Direct group with all aspects of the recapitalisation, including the intra-group transactions leading up to the recapitalisation, the refinancing of the groups existing banking facilities to facilitate the recapitalisation and the supporting regulatory analysis.