Linklaters has a broad banking practice at the top of the market with leading relationships with all major banks and corporates in the syndicated loan market.
With over 70 partners worldwide and a broad mix of lender and corporate clients, Linklaters banking practice is at the forefront of developments and recent trends in the loan markets.
We rank in the top tiers of the legal directories in many of the world’s most important jurisdictions. Our ability to draw on our equally top-ranked capital markets, M&A and commercial practices means we offer our clients a critical competitive advantage for event driven and multi tiered financings.
Our banking practice brings together leading specialists with experience of advising on a wide range of the most complex and high profile transactions of recent times, including event driven financings, bridges to bond and equity take-outs, structured financings, revolving credits and amendments and waivers through to full restructurings.
Linklaters’ experts have been involved in the development of standard market documentation by the Loan Markets Association and are constantly at the forefront of developments in this area.
Recent experience includes:
Lender-side:
2012
- Amendment and extension of €3.279bn junior facilities for Schaeffler Verwaltungs GmbH
- US$1.25bn 364 day revolving credit facility for Cargill, Inc.
- Refinancing CHF 700m multicurrency revolving credit facility for Sulzer AG
- Amendment and restatement of Aon's €650 million syndicated facility to cater for the re-domiciliation of the Aon Group from the USA to the UK
- £260m forward start facility for Cable & Wireless Worldwide
- £110m forward start revolving credit facility for Trinity Mirror Group
- €360m revolving credit facility for the Musgrave Group plc
- €700m term loan facility to fund DS Smith PLC's acquisition of the packaging division of the SCA Packaging Group
Borrower-side:
2012
- Visa Europe - £500m revolving credit facility
- Glencore International plc - financing in connection with US$12bn merger with Xstrata plc
- GDF Suez - financing of its €6bn acquisition of the outstanding 30% stake in International Power
- Serco Group plc - £730m multicurrency revolving credit facility
- Gold Fields Limited - US$500m revolving credit facility funded by a syndicate of 12 banks
- Luxottica Group S.p.A. - 5 year, €500m unsecured multicurrency (Euro and USD) revolving credit facility
