Jack Elliott

Jack Elliott

International Law Clerk, New York
Jack Elliott
Jack Elliott

Jack Elliott

International Law Clerk, New York
Jack Elliott

Biography

Jack Elliott is an International Law Clerk in the Firm's Debt Finance practice in New York and specializes in cross-border leveraged buyouts, corporate financings, restructurings and refinancings. Jack regularly advises leading financial institutions, sponsors and direct lenders across the spectrum of financing types and structures, from syndicated lending to unitranche and bank club deals.

Jack's expertise spans across both the American and European markets, and he previously spent three years working in White & Case's London office. This experience is further complemented by his secondment with J.P. Morgan, where he worked on a number of market leading leveraged finance transactions. Prior to White & Case, Jack was an associate at a leading New Zealand law firm.

*Not admitted to practice in the State of New York. Only admitted to practice in the jurisdiction of New Zealand.

Experience

Representative transactions and experience include advising on:

Syndicated Bank Lending

Representation of a syndicate of investment banks on the US$2.925 billion (equivalent) refinancing of Trivium Packaging B.V (Trivium). The refinancing was comprised of a: €900 million term loan B facility maturing in 2030; €700 million 6.25% senior first lien secured notes due 2030; US$600 million 8.25% senior first lien secured notes due 2030; US$600 million 12.25% senior second lien secured notes due 2031; and a US$330 million asset-based lending facility. Trivium is a leading supplier of innovative, rigid metal packaging solutions, serving over 800 customers across more than 70 countries.

Representation of the banks, including Jefferies as lead left, with respect to the senior secured facilities provided to Access CIG, a portfolio company of Berksire and GI, including on repricings, extensions and incrementals with respect to its US$1.45 billion term loan and US$92 million revolving credit facilities. Access CIG provides information, document, and data management services, as well as cybersecurity services worldwide.

Representation of the banks, including UBS as lead left, with respect to the senior secured facilities provided to OMERS portfolio company Paradigm Outcomes, including with respect to a US$700 million term loan repricing and a US$240 million incremental term loan. Paradigm Outcomes is a nationwide provider of catastrophic and complex case management products and services for the workers' compensation industry.

Representation of Apollo Capital Management as administrative agent and lender in connection with a US$3.15 billion term loan and US$1 billion senior secured notes provided to CommScope, a global leader in network connectivity solutions. CommScope used the proceeds to refinance its senior notes due 2025 and senior secured term loan facility due 2026

Representation of a group of banks as first lien lenders, including Barclays, Goldman Sachs, JP Morgan and Morgan Stanley, BNP Paribas, Credit Agricole CIB, ING, NatWest, RBI and UBS, JP Morgan as agent, and Wilmington Trust as security agent, on a €1.825 billion term loan and €145 million revolving credit facility extension and repricing provided to Advent International's portfolio company, Zentiva Group.

Representation of the initial purchasers and lenders on Assemblin Caverion Group's upsized offering of €1.28 billion high yield notes and €495 million (equivalent) RCF/guarantee/pensions facilities.

Representation of Barclays Bank plc and J.P. Morgan on the refinancing and upsizing of the existing credit facilities of the McGill and Partners Group.

Representation of the group of lenders, including Barclays Bank PLC, Deutsche Bank AG, Goldman Sachs Bank USA, J.P. Morgan Securities PLC, Credit Agricole Corporate and Investment Bank, Credit Suisse AG, Mizuho Bank, LTD., Skandinaviska Enskilda Banken AB, and Sumitomo Mitsui Banking Corporation, on a revolving facility amendment and extension provided to Nordic Capital's portfolio company Alloheim.

Representation of HSBC Bank and Morgan Stanley as global coordinators in connection with an amendment and extension of the £155 million and US$332.5 million of senior secured facilities provided to Alexander Mann Solutions, a portfolio company of OMERS.

Representation of Deutsche Bank, J.P. Morgan and Nordea Bank as mandated lead arrangers, on the issuance by Assemblin of €480 million senior secured floating rate notes due 2029 and the establishment of new €180 million super senior revolving credit and guarantee facilities as well as a new pension guarantee facility. Assemblin is one of the Nordic region's leading providers of complete installation and service solutions, with a primary focus on electrical engineering, heating, sanitation, ventilation and automation.

Unitranche / Direct Lending

Representation of a club of private credit funds on a senior secured financing package to support the recommended offer by a consortium consisting of ADIA, CVC Capital Partners and Nordic Capital (the Consortium) to acquire leading UK financial services private investment provider Hargreaves Lansdown plc.

Representation of Benefit Street Partners, a leading credit-focused asset manager, in connection with its recurring revenue financing of Lighthouse Intelligence Ltd, a London-based commercial intelligence platform in the travel and hospitality industry, for its acquisition of Spanish-based hotels technology company The Hotels Network.

Representation of Blackstone Credit, Sixth Street, Park Square Capital, SMBC and the other term financiers on CVC Capital Partners' acquisition of a majority interest in Sogelink Group, a leading European provider of software solutions for infrastructure, construction and property management professionals.

Representation of Ares Management and SEB, as lenders, on the public-to-private acquisition of Cary Group, a Nasdaq Stockholm listed company, by Nordic Capital and CVC Funds.

Borrower Finance

Representation of LX Vistula (Hortex), a portfolio company of MidEuropa, on an amend and extend of its existing debt facilities. Hortex is a Poland-based branded and private-label frozen food and beverage products manufacturer with a strong footprint across Central Europe.

Representation of Bluewater PE, as sponsor, and its portfolio company Contour Technologies Limited, as borrower, in connection with a refinancing of Contour Technologies Limited's existing debt facilities. The refinancing involved a GBP base currency term loan facility, a USD base currency term loan facility and a USD multicurrency revolving credit facility.

Representation of AD Imlek, a portfolio company of MidEuropa, on an amend and extend and upsizing of its existing debt facilities.

New Zealand
LLB (Hons)
University of Auckland
BCom
University of Auckland
English

Service areas