Banking and finance
Examples of our recent work include:
Alcoa
Advising Alcoa on its $1.2bn secured loan to a joint venture with Chinalco to finance the $7.2bn dawn raid on Rio Tinto.
Ares Capital Europe
Ares Capital Europe on uni-tranche facilities provided to a vehicle backed by funds managed by BlueGem Capital Partners LLP in relation to its portfolio company, Liberty plc, the retail and fabrics company.
Bank of Ireland
Advising Bank of Ireland on its financing of UTV Media plc’s acquisition of FM104 through the acquisition of Babstova plc and Capital Radio Productions plc in Ireland.
CSN
Advising Companhia Siderurgica Nacional (CSN) on the financing of its £6.1bn bid for Corus plc, including £2.35bn senior facilities, £2bn high yield bridge and $3bn equity bridge.
Goldman Sachs Asset Management
Advising Goldman Sachs Asset Management on the financing aspects of its consortium acquisition of a portfolio of 20 buy-out investments managed by AAC Capital Partners from ABN AMRO.
GSC
Acting for mezzanine lenders AXA, Sankaty and GSC on Charterhouse Capital Partners’ £553m buy-out of Wood Mackenzie.
Haymarket Financial
Haymarket Financial, Macquarie Bank and Lloyds Banking Group as mandated lead arrangers for the senior financing of HG Capital's buy-out of JLA Group.
Investec
Advising Investec Bank on various facilities for investment funds including co-investment facilities and equity bridge facilities.
Partners Group
Advising Partners Group on over 30 senior and mezzanine investments in the leveraged loan market and on putting in place investor bridge funding and leveraged liquidity facilities for their investments.
Pernod Ricard
Advising Pernod Ricard on its $10bn and €5bn facilities for the acquisition of Vin & Sprit.
The Royal Bank of Scotland
Advising the Royal Bank of Scotland, Allied Irish Bank and Bank of Ireland, the club of senior lenders, on their £260m refinancing of the Castlebeck Group.
TA Associates
Advising TA Associates on the senior and mezzanine financing for the acquisition of Cath Kidston.
Wagamama
Advising on the £120m senior and mezzanine debt package for the buy-out of Wagamama by Duke Street Capital and Hutton Collins. Wagamama is a chain of Japanese-style noodle bars with outlets in the UK and the US and franchise operations in Europe, the Middle East and the Asian-Pacific region.
Yucaipa
Advising Yucaipa on its investment in the senior facilities advanced to Eimskip Group as part of the $2bn global restructuring of Eimskip Group.
Related practice areas
"Macfarlanes has an excellent reputation for corporate facilities, leveraged finance and restructurings...It understands all sides of the negotiating table, instilling confidence in clients and attracting notable mid-market deals...'The firm is client-focused and responsive. One of the biggest draws for us is the partner-led contact you get'."
Chambers UK 2011
"Macfarlanes' banking and finance team is able to accommodate clients from all sides of the financial transaction. It typically operates in the mid-market space, attracting a diverse range of clients, from private equity houses to banks and corporate borrowers."
Chambers UK 2012
"Led by 'strong operator' Julian Howard, Macfarlanes LLP's seven-partner team provides 'first-class' advice to a balanced array of lender and borrower clients including 3i, Haymarket Financial, JD Wetherspoon and RBS."
The UK Legal 500 2011