Aidan Drinkwater

Associate, London

Biography

Overview

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.

Bars and Courts
Solicitor of the Supreme Court of Victoria
Education
LLB
University of Melbourne
BCom
University of Melbourne
Languages
English

Experience

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.

Publications

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