Leveraged Finance
Freshfields’ leveraged finance team drives innovative financing solutions in connection with the biggest and most complex transactions worldwide.
We guide clients through every stage of their financing transactions in every major financial center around the globe. We have incomparable in-depth knowledge and experience and deliver the most sophisticated financing solutions.
Freshfields’ leveraged finance team partners with the world’s leading private equity and other investment funds and their portfolio companies, as well as corporate borrowers, on their leveraged finance transactions, helping to achieve their strategic objectives and driving innovative solutions to address complex commercial and financial issues. Our globally integrated leveraged finance team provide strategic advice across all products, including term loans, revolvers, high-yield bonds, unitranche, ABLs, preferred equity, liability management transactions, privately placed notes and mezzanine debt.
Our team has a wealth of experience advising on all types of event-driven financings including private acquisitions, public to private acquisitions, dividend recapitalizations, IPOs, divestitures and minority investments, as well as incremental debt raises, refinancings and corporate treasury matters.
We advise on leveraged financings in all forms, from simple bilateral facilities for working capital needs to the largest and most complex syndicated and private credit leveraged financing transactions involving a combination of loans, notes, high yield bonds and preferred or other equity instruments and in a variety of different contexts.
Our technical and strategic expertise is augmented by sector specialisms and close relationships with decision-makers at leading financial institutions and investment funds. We are at the forefront of market trends and cutting-edge market technology. Our negotiation skills, rigor, creativity and the commerciality of our practitioners help our clients structure and execute their leveraged financing transactions and meet their broader strategic objectives in every major financing market around the globe.
Recent client successes
CVC on the acquisition of Unilever Teas for €4.5bn and relating financing.
Cinven on its acquisition of a majority interest in Ufinet, and the $1.135bn term loan and revolving credit facility to finance the transaction.
Charterhouse Capital and its portfolio company Mirion Technologies on Mirion’s de-SPAC and the related financing.
Permira on the senior and mezzanine loan financings to fund its US$838m acquisition of Tricor (a provider of integrated business, corporate and investor services in the Asia-Pacific region) and all subsequent finance advice (including a dividend recapitalisation, incremental debt raise to fund a bolt-on acquisition and assessing debt financing of bidders in connection with the eventual sale of Tricor to Baring Private Equity Asia at an enterprise value of US$2.76bn).
CVC on its €1.5bn investment in the Ligue de Football Professionnel’s new commercial subsidiary and associated financing.
Contacts
View our full team
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Allison Liff Head of US Leveraged Finance
New York
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Alexander Mitchell Partner
London
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Daniel French Partner
Hong Kong
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Dr. Michael Josenhans Partner
Frankfurt am Main