Acting for a European private equity firm in relation to its public to private takeover of a UK based bakery group. The financing was provided by a five lender syndicate consisting of a mix of both banks and private credit funds. Subsequently instructed by the portfolio business on all financing related matters including bolt-on acquisitions, hedging, invoice discounting, pensions and option/warrant exercises.
Advising a UK based private equity firm on the acquisition of a global events business. The acquisition was initially financed by a UK based private credit fund but was subsequently refinanced with an international private credit fund as part of sponsors continuation fund, which was a landmark deal for the firm. Continued to advise the sponsor and portfolio companies on various bolt-on acquisitions as part of a buy and build strategy.
Advising Europe’s largest used vehicle marketplace in respect of a £1.1 billion senior term and revolving credit facilities; £900 million mezzanine term and revolving credit facilities; and £200 liquidity facility along with a separate ring fenced invoice discounting financing to the vehicle finance and inventory financing.
Acting for a global digital security software provider on all financing aspects of its business. Workstreams consist of a full refinancing with 9 bank syndicate, commitment letters, global security re-take, intercreditor arrangements, advising on hedging, accessions, subordination arrangements and escrow arrangements (in respect of IP and source code).
Advising a global wealth management on its distressed debt elements of its corporate restructuring. This involved the refinancing of the group’s existing unitranche debt facilities into separate senior, mezzanine and PIK facilities agreements as well as assisting on corporate aspects of the transaction (synthetic equity and transfer) and restructuring elements (lock-up arrangements and restructuring implementation deed).