Back

Linklaters advises Bain Capital on joint venture with SMBC to establish €1.5 billion European loan platform

Linklaters has advised Bain Capital on its joint venture with Sumitomo Mitsui Banking Corporation (SMBC) to establish a new European loan platform providing up to €1.5 billion in senior secured credit to sponsor-backed corporate borrowers across Europe and the UK.

The platform is structured as a co-governed credit vehicle that will co-originate leveraged finance loans on an ongoing basis, combining SMBC’s pan-European leveraged finance origination and structuring capabilities with Bain Capital’s underwriting and asset management expertise. The platform has been developed to support sponsor-led syndicated loan transactions at scale and across market cycles.

LEGAL DESIRE NEWSLETTER

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.
Lavanya Dhamija
Reports Deals, Law firm and In-house updates