Image of Edward Aldred

Edward Aldred

Banking Partner, London

“I have more than 15 years’ experience advising on complex leveraged finance deals, developing innovative solutions and strategies for clients on their most strategically significant transactions.”

Overview

Professional experience

Education and qualifications

Overview

Edward is a highly regarded leveraged finance lawyer, with particular expertise in complex cross-border public and private leveraged acquisition financings.

Edward is the co-head of Linklaters’ financial sponsor leveraged finance practice and advises private equity funds, corporates, family offices, sovereign wealth funds and investment vehicles on acquisition and other event-driven finance transactions, as well as on minority stake, infra-structure, holdco and pre-IPO finance.

Edward’s practice includes leading combined loan and high-yield bond financings and advising clients on synthesising covenant packages between loan and bond instruments.

Edward also supports clients across all aspects of sell-side finance work (including staple finance, vendor loans, certain funds and other sell-side analysis) and with on-going portfolio work (including taps, repricings, refinancings and recapitalisations).

Edward’s knowledge and experience covers the full spectrum of loan products, from syndicated institutional cov-lite incurrence-based TLB facilities through to unitranche and covenanted maintenance loans, including super senior, senior secured and junior debt instruments. In addition to his familiarity with the European loan market, Edward also has extensive international experience raising US dollar debt in the syndicated US TLB loan market under English law and acting for many international first time issuers in the syndicated loan market.

Work highlights

Edward has led on many “firsts” in the loan market during his career and has acted on some of the largest and most innovative transactions. Recent experience includes advising:

  • Thyssenkrupp on the €17.2bn sale of its elevator business – the largest European private equity transactions since the financial crisis
  • CVC on the financing of its acquisition of a 65% equity stake in APRIL, the French headquartered insurance services group, and the subsequent French law public tender offer for the remainder of APRIL's share capital – one of only a small number of leveraged French P2Ps
  • PAI on its EUR1.05bn cov-lite TLB to finance its acquisition of Areas – a global leader in the food and beverage and travel retail markets
  • GEMS Education on its combined US$750m cov-lite TLB and US$900m senior secured high yield bond – the first syndicated cov-lite TLB for a Middle Eastern issuer

Professional experience

Edward has spent extensive periods of time advising international clients from Linklaters’ Singapore, Dubai and Hong Kong offices.

Edward has worked closely with the Loan Market Association developing and delivering their training, including in particular their financial covenant training, and speaking at Loan Market Association hosted conferences.

Education and qualifications

Edward studied philosophy at UCL.