Experience

• • Wm Morrison Supermarkets in the amendment and extension of its term loan facilities and revolving credit facility.
  • Clayton, Dubilier & Rice in the financing aspects of its bid for a controlling stake in Opella, the French-headquartered consumer healthcare company, valuing the company at c.€16 billion.
  • Sylvamo in the refinancing of its capital structure, including amending a $625 million credit facility and the establishment of a new $593 million credit facility.
  • Wm Morrison Supermarkets in the successful completion of its debt reduction exercise.
  • Relevant parties in the financing aspects of the £2.5 billion acquisition of 337 petrol forecourts in the UK, and more than 400 associated sites.
  • B&M in the refinancing of its existing senior credit facilities with a new senior facilities agreement, which comprises a £225 million term loan facility and a £225 million revolving credit facility.
  • Metropolitan Life Insurance Company as lender in the privately placed AUS$100 million senior secured notes for InvoCare Limited.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisitions of Atalian and OCS to create a global facilities management platform.
  • Market Bidco Finco Plc, an indirect subsidiary of funds managed or advised by Clayton, Dubilier & Rice, in the offerings of £1.075 billion and €545 million of senior secured fixed rate notes relating to the financing of CD&R’s acquisition of Wm Morrison Supermarkets Limited.
  • Resolution Life, a global life insurance group, in its $2 billion multicurrency term and revolving facility agreement in connection with its reinsurance of $35 billion in fixed indexed annuities of Allianz Life.
  • Canopius, a Centerbridge Partners portfolio company and a leading global specialty (re)insurer, in its $780 million loss portfolio transfer agreement with RiverStone International.
  • Clayton, Dubilier & Rice in its offering and sale of £1.2 billion 6.75% senior notes due 2029 in connection with the financing aspects of Clayton, Dubilier & Rice’s £7 billion acquisition of Morrisons.
  • Glendower Capital in the financing aspects of its strategic partnership with CVC, creating a combined group with total assets under management of approximately €113 billion.
  • Clayton, Dubilier & Rice in financing aspects of its £7 billion recommended cash offer for Morrisons.
  • A major international financial investor in the formation of a €1 billion+ global infrastructure fund.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in the financing aspects of its $1.25 billion acquisition of Voya Financial’s individual life in-force business.
  • Pret a Manger in the financing aspects of its acquisition of EAT, a British food and drink retailer.
  • One Rock Capital Partners in the financing aspects of its acquisition of the Engineered Components and Systems segment of Actuant Corporation.
  • Metric Capital Partners in its €100 million subscription facility with Citibank.
  • A European direct lending fund as provider of second lien debt to finance an acquisition by a major sponsor of a human resources company.
  • American International Group in its $5.56 billion acquisition of Validus Group, a Bermuda-based, NYSE-listed, (re)insurance company.
  • Clayton, Dubilier & Rice in the financing aspects of its acquisition of a controlling interest in Westbury Street, a leading independent contract caterer and hospitality services provider in the UK.
  • A U.S.-based international infrastructure fund in its $1.5 billion syndicated hybrid facility secured by capital call rights and distributions from portfolio investments.
  • Precision Medicine Group in the financing aspects of a new $275 million investment.
  • Odyssey Investment Partners in its $200 million line of credit with Bank of Montreal.