Videndum on its refinancing

Slaughter and May is advising Videndum plc, a leading global provider of premium branded hardware products and software solutions to the content-creation market, on its comprehensive refinancing announced on 10 March 2026. The refinancing includes a firm placing, placing and open offer to raise gross proceeds of approximately £85mn, the equitisation of a portion of Videndum's revolving credit facility and the repayment and restructuring of the remainder of the revolving credit facility, in addition to entry into a new super senior revolving credit facility.

Videndum intends to use a portion of the net proceeds from the capital raising to reduce leverage. The remaining net proceeds from the capital raising, along with the additional liquidity from the super senior revolving credit facility, will be used to strengthen Videndum's liquidity position and support the management of its go-forward capital position.