Conyers advises lenders of major debt refinancing of Holding Anders group
Conyers Dill & Pearman has advised a consortium of financial institutions (acting as senior finance parties) in connection with a significant refinancing of more than €800m (£660m) of debt facilities granted to the Hilding Anders group, a European provider of beds and mattresses.
The purpose of the refinancing, completed in September 2013, is to extend the maturity profile of the group’s existing near-term debt, reduce its net debt by a considerable amount and provide support for future growth.
Conyers’ Sheba Raza advised on British Virgin Islands law aspects of the loan documentation and the related security package, working alongside Clifford Chance, which advised on the English law aspects of the transaction.
News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
This memorandum has been prepared for the assistance of those who are considering registration of a foreign limited partnership in the Cayman Islands.
This memorandum has been prepared for the assistance of those who are considering the operation of exempted limited partnerships in the Cayman Islands.