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Finance specialist Simon Thrower has become the latest partner to depart from Ashurst, taking up a new role in Simmons & Simmons’ financial markets team.
Thrower, who has been a partner at Ashurst since 1999, has particular expertise in corporate and leveraged acquisition finance, syndicated corporate debt facilities and debt restructuring.
Recent transactions have included advising Johnston Press on its £360m capital refinancing plan, and taking the lead for a number of banks as senior arrangers on the £276m refinancing of Caffe Nero.
Thrower is the second partner to announce his exit from Ashurst this week, following corporate partner Nigel Stacey who is set to join Gibson Dunn (10 June 2014). At his new firm Stacey will be reunited with another former Ashurst corporate partner, Jonathan Earle, who quit in April (28 April 2014).
Since last November, the firm has also witnessed the exit of former global corporate head Stephen Lloyd who left for Allen & Overy (7 November 2013), alongside up-and-coming corporate partner Karan Dinamani (4 March 2014).
Finance partner Nick Benham, who shared Thrower’s focus on leveraged finance transactions and financial restructurings, joined Davis Polk & Wardwell last November as part of the firm’s bid to ramp up its English law practice (12 November 2013).