Press Release

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).

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