White & Case Advises Fat Face on Financial Restructuring

Press Release
1 min read

Global law firm White & Case LLP has advised Fat Face Group (Fat Face) on its debt-for-equity financial restructuring.

"The successful financial restructuring of Fat Face is a good news story for a great British brand in the midst of a difficult period for the retail sector," said White & Case partner Ian Bagshaw, who co-led the Firm's deal team. "This was a challenging deal to complete given the sector and timing, but our role advising Fat Face demonstrates the strengths of the Firm's restructuring, financing and private equity capabilities."

Fat Face is a British lifestyle clothing and accessories retailer, founded in 1988.

White & Case advised Fat Face on the wider financial restructuring and refinancing, its corporate reorganization and management incentives, alongside the consensual sale of the operating group by Bridgepoint to the lenders. The financial restructuring and refinancing will enable Fat Face to invest in and deliver its current business strategy, as well as supporting the business with any funding requirements arising from the COVID-19 pandemic.

The White & Case team in London which advised on the transaction was led by partners Ian Bagshaw and Ian Wallace, with support from partners Michael Mountain, Will Smith and Martin Forbes, counsel Laura Fletcher and associates Adnan Bekdur, Jean Renaldy, Josephine Levick, Morgan Smith and Rizwan Latif.

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