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Experience

UltraTech Cement Limited

Advising UltraTech Cement as the successful bidder under the Indian Insolvency and Bankruptcy Code process under which the bidder purchased the debt of the Binani Cement group companies under the Resolution Plan as a part of a loan-to-own restructuring. The debt restructuring raised complex legal issues in relation to reconciling the unique restructuring scheme sanctioned by the highest court in India and the English law governed facility agreements, as well as the legal impact of the English law assignments on local law security documents.

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BAML, Citigroup and Sabadell

Advising the arranger and lead managers on TSB Bank's inaugural Rule 144A Duncan Funding 2016-1 RMBS transaction

Clarendon Portfolio

Advising a consortium comprised of Deutsche Bank, KKR and Varde Partners on the financing of their circa $6.2 billion acquisition of GE’s Australian and New Zealand consumer finance business (new re-branded Latitude Financial Services). The financing arrangements included 6 warehouse securitisations of consumer finance receivables, including Australia’s first rated credit card receivables securitisation programme.

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Deutsche Bank

Advising Deutsche Bank on the secured financing to Sankaty of its acquisition of an approx. $660 million loan portfolio from Lloyds banking Group

First Oil plc

Advised the lenders to First Oil plc on their c£170m exposure and restructuring process driven largely by the global oil price decline. We worked through various restructuring and refinancing options, including advising on how best to deliver a sale using a pre-packaged administration and securing support of the UK Oil and Gas Authority.

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Lonmin plc

Advising Lonmin plc in relation to the refinancing and restructuring of its US$360m facility agreement and the ZAR2bn South African law facilities agreement, conditional on a US$400m rescue rights issue.  

Key contacts

Kevin Pullen photo

Kevin Pullen

Partner, London

Kevin Pullen
John Whiteoak photo

John Whiteoak

Partner, London

John Whiteoak
Pauline Bournoville photo

Pauline Bournoville

Partner, Paris

Pauline Bournoville
Paul Apáthy photo

Paul Apáthy

Partner, Sydney

Paul Apáthy
Debby Sulaiman photo

Debby Sulaiman

Partner (Hiswara Bunjamin & Tandjung), Jakarta

Debby Sulaiman
Natasha Johnson photo

Natasha Johnson

Partner, London

Natasha Johnson
John Chetwood photo

John Chetwood

Partner, London

John Chetwood