Aidan Drinkwater is a senior associate in Banking at White & Case's London office. Aidan has experience advising major financial institutions, private equity sponsors, and multi-national corporates (public and private) on a broad range of issues in banking law, with a particular emphasis on cross-border leveraged finance and private equity finance transactions, involving a range of complex capital and acquisition structures.
During June 2017-May 2018, and from January-July 2019, Aidan completed senior client secondments to the execution desks at both Deutsche Bank and Goldman Sachs in their leverage debt capital markets teams (London). Prior to joining White & Case, he practised at a leading Australian law firm.
Advised Barclays Bank plc in connection with Centerbridge Partners' and Deutsche Telekom's joint ~€1.1b bid to acquire Maltese gaming group Tipico.
Advised Paysafe Group plc on a comprehensive amendment and restatement of its existing financing arrangements to reflect cov-lite and incurrence-based terms, and to facilitate the funding of a US company bolt-on by way of updated incremental facilities.
Advised various MLAs in connection with the €435m cross-border refinancing of pan-European carpark manager and operator APCOA Parking Group. Facilities consisted of an institutional TLB (€350m), and placed guarantee (€50m) and revolving credit (€35m) lines.
Advised Barclays Bank plc acting as MLA of a best-efforts refinancing of UK luxury jeweller Aurum in respect of a TLB (£115.5m) and RCF (£30m) for Apollo Global Management's private equity arm.
Advised Ares Management on its SEK2.4b (~€230m) take-and-hold unitranche facility funding Nordic Capital's acquisition of Swedish fintech company Trustly, and Skandinaviska Enskilda Banken (SEB) on the associated SEK200m (~€20m) super-senior RCF.
Author, "The rise and fall of purchase money security interests at general law and under article 9 regimes" Journal of Banking and Finance Law and Practice, March 2010