A&O, CC land Man Utd debt refinancing instructions
Allen & Overy (A&O) and Clifford Chance have been called up for a second time to advise Manchester United and JPMorgan on a £660m debt refinancing that increased the amount of money borrowed against the club’s assets, but reduced its exposure to payment-in-kind notes (Piks). Under the terms of the deal, Man Utd’s overall debt […]