White & Case Advises on English, New York and German Law €850 Million Debt Financing for Aliaxis Group | White & Case LLP International Law Firm, Global Law Practice
White & Case Advises on English, New York and German Law €850 Million Debt Financing for Aliaxis Group

White & Case Advises on English, New York and German Law €850 Million Debt Financing for Aliaxis Group

Global law firm White & Case LLP has advised the Aliaxis Group on its debt financing of approximately €850 million.

The transaction consists of a €680 million English law revolving facility agreement and two notes issuances – an approximately €50 million New York law private placement and a €120 million German law Schuldschein. Aliaxis also has a US$260 million New York private placement dated July 2011 on which White & Case advised.

Aliaxis is a leading global manufacturer and distributor of plastic fluid handling systems used in residential and commercial construction and industrial and public infrastructure applications, with a presence in over 40 countries worldwide.

London-based White & Case partner Jeremy Duffy, who led the team which advised Aliaxis, said: "Our team involved lawyers from several offices and practices which ensured White & Case provided a single, seamless financing arrangement with internal consistencies across the documentation. This allowed our client to focus more attention on its business operations, due to documentation compliance efficiencies."

The White & Case team which advised on the transaction included partners Jeremy Duffy, Peita Menon, Prabhu Narasimhan (all London) and Jochen Artzinger-Bolten (Frankfurt), local partners Ferdinand Brughmans and Matthieu Duplat (both Brussels) and associates Rachel Abel, Emer Delany, Laura Hoyland (all London), Georg Esser (Frankfurt) and Serkan Alhan (Brussels).

Press contact
For more information please speak to your local media contact.