Clifford Chance advises lenders financing Advent’s acquisition of Coherent’s Aerospace and Defense Business

Global law firm Clifford Chance has advised the lenders to international private equity firm Advent in relation to the financing to support its acquisition of the Aerospace and Defense business of Coherent Corp. Coherent’s Aerospace and Defense designs and manufactures optical and laser systems for aerospace and defense applications. The business includes approximately 550 employees and 11 geographic sites.

The cross-border debt financing team was led by London debt finance partner Katherine Sinclair, with support from associates Isabelle Woodcock and Alexander Walker and trainee Matt Gerszberg.

London debt finance partner Peter Dahlen, supported by senior associate Raad Gorji, New York debt finance partner Jason Ewart, supported by counsel Thomas McGowan, and Tax partners Jemma Dick (London) and Avrohom Gelber, supported by associate Gil Shauly, also advised.