Roman Picherack
Roman Picherack
Roman Picherack
Roman Picherack

Biography

Roman Picherack is a member of White & Case's Debt Finance Group based in Sydney.

Qualified in New York and English law, he principally advises private credit funds, private equity funds, global financial institutions and corporations on domestic and cross-border leveraged financing transactions. He advises on a range of structures and has particular experience in unitranche, syndicated term loan B, high yield / super senior RCF, first lien/second lien and distressed and special situation credit financings.

*Foreign practicing attorney qualified in the State of New York and in England and Wales

Experience

Roman's experience includes advising on the following matters:

Sponsor / Borrower representation

  • Whitehaven Coal Limited in relation to a US$1.1 billion term loan financing for its acquisition of the Daunia and Blackwater metallurgical coal mines and various revolving credit facilities, lease financings, bilateral bank guarantee facilities and other working capital facilities.
  • TPG Capital in connection with a dividend recapitalisation of its portfolio company Novotech, a leading full-service biotech specialist clinical research organization, by way of US$690 million cov-lite term loan and revolving credit facilities.
  • TPG Capital in connection with the refinancing of its portfolio company iNova Pharmaceuticals, a leading independent consumer healthcare and medicine products company, by way of A$1.725 billion cov-lite TLB, DDTL and revolving credit facilities.
  • TPG Capital in connection with the certain funds commitment papers supporting its bid financing for the acquisition of Lumus Imaging.
  • Compagnie Benelux Participations SA (Cobepa) and its portfolio company Socotec, an international construction inspection and certification company headquartered in France and operating in over 25 countries, in connection with a €550 million syndicated term loan B facility, a $300 million syndicated term loan B facility, a €120 million revolving credit facility and various follow-on incremental facilities including for the acquisition of the U.S. based company Vidaris by Socotec.
  • Compagnie Benelux Participations SA (Cobepa) in connection with an €850 million syndicated term loan B facility and a €125 million revolving credit facility to finance its acquisition of the Gerflor group, a leading international floor manufacturer.
  • Rubis Terminal SA, a leading European independent company for storing petroleum products, chemicals, agro products and fertilizers, in relation to (i) the refinancing of its existing indebtedness with a €410 million bridge to bond facility and a €75 million revolving credit facility in the context of the sale by its parent company, Rubis SCA, of a 45% equity stake in Rubis Terminal SA to I Squared Capital, (ii) a subsequent €410 million senior secured notes offering and (iii) a subsequent senior secured notes tap offering and revolving credit facility upsizing in connection with Rubis Terminal's acquisition of the Spanish bulk liquid storage operator TEPSA.
  • LVMH on the financing of its acquisition of Tiffany & Co., the global luxury jeweller, including several credit lines for a total value of approximately €15 billion.
  • Suez, a French public company listed on the Euronext Paris exchange, in connection with (i) the bridge financing of its €3,2 billion acquisition (along with Caisse de dépôt de Québec) of GE Water (the water process and technologies business of General Electric) and (ii) the entry into of a €400 million revolving facility agreement for its subsidiary, Suez Water Technologies and Solutions.

MLA / Lender representation

  • BNP Paribas, Deutsche Bank AG and Natixis as global coordinators, mandated lead arrangers and bookrunners in connection with a €1.625 billion syndicated term loan B facility and a €250 million revolving credit facility to finance the acquisition of Circet Group, Europe's leading telecoms infrastructure services company, by Intermediate Capital Group (ICG) from Advent International.
  • BNP Paribas, Credit Agricole Corporate and Investment Bank, Deutsche Bank AG and J.P. Morgan SE as global coordinators, mandated lead arrangers and bookrunners in connection with a €800 million syndicated senior term loan B facility and a €175 million senior revolving facility to finance the investment in, and business combination of, the Konecta group and the Comdata group by Intermediate Capital Group (ICG).
  • BNP Paribas, Credit Agricole Corporate and Investment Bank and Natixis as global coordinators, mandated lead arrangers and physical bookrunners in relation to the €400 million syndicated term loan B facility and €85 million facility for Astorg Asset Management's investment in, and refinancing of, the ARMOR-IIMAK group.
  • Deutsche Bank AG, J.P. Morgan AG, Royal Bank of Canada Paris Branch and Société Générale as mandated lead arrangers in connection with a €830 million syndicated term loan B facility and €130 million revolving credit facility for the acquisition of Seqens, a global leader in pharmaceuticals and specialty chemicals, by SK Capital Partners.
  • BNP Paribas as global coordinator and BNP Paribas, Crédit Agricole, Macquarie Bank, UniCredit Bank, Commerzbank, Deutsche Bank and The Governor and Company of the Bank of Ireland as mandated lead arrangers and bookrunners in connection with a €600 million senior term loan B facility and a €100 million senior revolving facility to finance the acquisition of the Ameos Group, a Swiss hospital group operating in Germany, Switzerland and Austria, by Intermediate Capital Group (ICG).
  • BNP Paribas and J.P. Morgan SA as mandated lead arrangers and underwriters with respect to a $13.5 billion bridge and term loan credit facility to finance the acquisition by Danone SA, a French company listed on the Euronext Paris exchange, of WhiteWave Foods, a US company listed on the NYSE.
  • BNP Paribas, Crédit Agricole and Deutsche Bank in connection with a €678 million term loan facility and a €75 million multicurrency revolving facility to, amongst other things, refinance the existing outstanding indebtedness of the Delachaux group, a global leader in rail infrastructure and signaling services, headquartered in France.
England and Wales, Solicitor
New York
BCL/LLB
McGill University Faculty of Law
BA
International Relations
University of British Columbia
English
French

Rising Star Partner, Banking & Finance – France, IFLR 1000 2021

Corporate Social Responsibility–A Legal Analysis (LexisNexis Canada), 2009, (co-author with Michael Kerr, Richard Janda and Chip Pitts)

The Expanding Scope of the Fair and Equitable Treatment Standard: Have Recent Tribunals Gone Too Far?, 9:4 The Journal of World Investment and Trade p. 255, 2008

Service areas