Latham & Watkins has advised a committee of senior lenders comprising of the largest credit institutions on the financial restructuring of Curaeos, a network of dental clinics and labs in continental Europe.
This included an exchange of c. €345m of existing first lien debt for new first lien and second lien facilities and equity warrants. The transaction also included a new money injection to fund implementation of the group’s business plan.
A coordinated Latham team across practices and jurisdictions advised on the transaction, including the UK, Italy, and Germany. The team was led by London restructuring & special situations partner Yen Sum, counsel David Wallace, and associate Tristram Gargent. London partner Martin Saywell and associate Terry Charalambous led on corporate matters. Banking matters were led by London partner Ross Pooley, with associates Luke Lado and Vincent Chan.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
