Nicola Chapman is a partner in the Firm's Debt Finance Practice in London. Nicola's practice focusses primarily on advising private equity sponsors, their portfolio companies, other borrowers and alternative capital providers on leveraged acquisition finance and financial restructurings.
Representation of Oatly, a Swedish vegan food brand, in connection with its SEK3.6 billion sustainability-linked financing provided by a club consisting of several Nordic / European banks, prior to Oatly's US$10 billion initial public offering and listing on the Nasdaq Global Select Market. The financing is framed by sustainability targets.
Representation of carwow on its venture capital financing from Hercules Capital LLC.
Representation of Mehiläinen, a Finnish health services provider, and its majority-owner CVC Capital Partners on the issuance of an ESG linked incremental facility worth €1.06 billion.
Representation of BC Partners LLP and SOFIMA on the €1.25 billion high yield bond and €400 million debt facilities for the acquisition of IMA S.p.A., an Italian publicly-traded company and world leader in the design and production of automatic machines for the processing and packaging of pharmaceuticals, cosmetics, food, tea, coffee and tobacco, including through a public takeover offer. The transaction values the equity of IMA at approximately €2.93 billion.
Representation of Swissport, a multinational cargo/airport ground services provider, on their debt restructuring and new financing process including a new €500 million term loan facility and up to €200 million revolving facility.
Cobham plc, 2020
Representation of Blackstone Credit and its affiliates on a three-tier financing package to support Advent International's approximately £4 billion acquisition of leading global technology and services innovator Cobham plc.
Representation of WOM S.A. (Kenbourne Invest S.A.), the Chilean telecommunications operator, on its US$450 million high yield bond issue and on its US$200 million (equivalent) pari passu senior credit facilities, which together provided WOM with an aggregate US$650 million (equivalent) of debt.
Cherry AB, 2019
Representation of a consortium including Bridgepoint on the debt financing for a $1 billion (SEK 9.2 billion) public takeover offer for Cherry AB, a Sweden-based gaming company.
Representation of CVC Capital Partners on the €3.4 billion bridge to bond facilities and €250 million revolving credit facilities, for its acquisition from the Recordati family of the holding company that owns a 51.8 percent stake in the Italian pharmaceutical group Recordati and subsequent public takeover offer for the remaining shares.
Representation of CVC Capital Partners on the €810 million senior loan facilities and €200 million second lien facility for its acquisition of the Mehiläinen Group, the Finnish healthcare group.
Representation of JP Morgan Chase, Deutsche Bank, Goldman Sachs and Jefferies as mandated lead arrangers in connection with the senior debt financing for EQT's acquisition of SUSE, an international software solutions provider. The transaction included a €675 million covenant lite TLB and a $81 million revolving credit facility.
Representation of P4 Sp z. o.o, Polish mobile operator, and its shareholders in relation to its PLN 7 billion (approximately €1.65 billion) loan and €500 million notes refinancing and recapitalisation.
Representation of Blackstone Credit in relation to its financing of Advent's acquisition of Brammer Limited (formerly Brammer plc), supplier of quality industrial maintenance, repair and overhaul products.
Representation of Bridgepoint on its £425 million term loan B financing (and £110 million undrawn facilities) for the acquisition of Zenith, a Swiss luxury watchmaker.
Keter Group, 2016
Representation of the Sagol family in relation to the acquisition by BC Partners Ltd and the Public Sector Pension Investment Board of a majority stake in the Keter Group from the Sagol family. The transaction is the biggest ever LBO in Israel and has been described as the "deal of the decade" in the Israeli press. Keter Group is an Israeli manufacturer and marketer of resin-based household and garden consumer products.