Global law firm Clifford Chance has advised Eroski on its c. EUR 1bn refinancing.
The deal was structured through a EUR 500 million issuance of senior secured notes, along with new syndicated TLA, revolving credit facility and working capital framework agreement for the Eroski group.
Clifford Chance’s cross border team involved Spanish, NY and English law teams, and was led by Global Financial Markets partner Felipe Font in Madrid who was supported by senior associates Juan Puras and Francisco Pizarro, associate María Vispo and junior associates Enrique Pais and Yago López, together with Tax senior counsel Roberto Grau. In London, partners Jill Concannon and Richard Day advised with assistance from senior associates Sannu Shrestha and Kuan Yue Lim and associates Tara Kade and Isabelle Woodcock.
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