Chris Beatty

Corporate Finance Transactions

• Acting as U.S. and English financing counsel to CNH Industrial, Koninklijke Philips, Hellofresh and Signify N.V. on their corporate and acquisition finance transactions, capital markets financings and liability management transactions (ongoing)
• Representing the lenders to Celsa Poland on its financing transactions (ongoing)
• Several private family offices in connection with their private margin loan and other secured financings (ongoing)
• The equity & debt holders to a newly formed litigation funding vehicle (2019) and an incubator in the drinks industry (ongoing)

• Acting as U.S. counsel to the initial purchasers in multiple tranches Jaguar Land Rover’s high yield bonds and related liability management transactions (2015-2022)
• Representing credit fund that is the subordinated lender to FlixMobility (2021)
• Representing a credit fund that is the senior lender to the Caffe Nero (2021)
• Representing a credit fund that is the senior lender to the Aston Martin F1 (2021)
• Representing a credit fund that was the super-senior lender to  PizzaExpress (2020)
• Representing CSM Bakery Solutions on U.S. and English aspects of an amendment and extension of its credit facilities (2020)
• The lenders and underwriters of Tele Columbus’ leveraged loan and high yield bond transactions and related liability management transactions (2014-2021)
• Morgan Stanley Infrastructure Partners in connection with the acquisition financing for (i) the PNE takeover and (ii) the VTG takeover (2019)
• Alcatel-Lucent in series of high-yield bond and term loan B refinancing transactions (2013-2015)
• SoftBank on an approximately $4.5 billion multi-tranche senior notes offerings (2015 and 2017)
• Elis S.A. in respect of Novalis S.A.S.’s €800 million high-yield senior note offering pursuant to Rule 144A/Reg S following Elis’s initial public offering (2015)

Liability Management

• Two backstopping funds in the distressed “uptier” exchange and convertible loan financing for Biocartis (2022)
• Two credit funds on a private exchange of outstanding bonds for new bonds and warrants of Trinity Biotech (2022)
• A credit fund on a private “downtier” exchange of outstanding bonds for equity in Peabody Coal (2021)
• The Dealer Managers on a tender offer by Rallye (2021)
• The bondholders of Distribuidora Internacional de Alimentación, S.A. (DIA) in relation to a liability management transaction in respect of €300 million unsecured notes (2020)
• ZIM Integrated Shipping Services on its $54 million tender offer to purchase its outstanding 3.0% Series 1 Notes and 5.0% Series 2 Notes at 80% of face value (2020)
• BHP Billiton and CNH Industrial in respect of their liability management transactions (2017-2021)

Restructuring Engagements

• An Ad Hoc Group of bondholders of European TopSoho Sàrl, a subsidiary of Shandong Ruyi and the parent company of SMCP (ongoing)
• An Ad Hoc Group of lenders of Dummen Orange (2021)
• CSM Bakeries on its Amend & Extend financing transaction (2020)
• The bondholders in the recapitalization of Norwegian Air Shuttle (2020)
• The second lien lenders in the restructuring of Doncasters (2019)
• A bondholder in the restructuring of Steinhoff (2018-2019)
• Royal Bank of Scotland plc, HSH Nordbank AG, Piraeus Bank SA and Aegean Baltic Bank SA on the consensual restructuring of Danaos (2018)
• The Carlyle Group (U.S.) in its investment in and restructuring of the Prezzo group (U.K.) (2018)
• York Capital, who led the Ad Hoc Committee Of Senior Secured Note Holders, in relation to Bibby Offshore Group’s financial restructuring and recapitalisation (2018)
• The lender on the restructuring of UK/Australian law firm, Slater and Gordon (2018)
• The Committee of Senior Secured Noteholders on the restructuring of Brighthouse Group Limited (2018)
• Atlas Iron on its restructuring by way of Australian Scheme of Arrangement (2017)
• An Ad Hoc Group of Revolving Lenders on the Expro bankruptcy (2018)
• Pacific Drilling on its refinancing and restructuring (2016-2018)
• The Committee of Unsecured Noteholders on the $3 billion global restructuring of Algeco Scotsman, Inc. (2017) The Co-ordinating Committee of Creditors on the global restructuring of Abengoa, a Spanish renewables company operating in more than 80 countries across Europe, the Americas, Africa, Asia and the Middle East (2017)
• The Committee of Senior Secured Noteholders on the restructuring of Emeco Holdings Limited by way of Australian Scheme of Arrangement (2016)
• The Senior Secured Creditors in the successful restructuring of Towergate Insurance Group (2014-2015)
• Zim Integrated Shipping in respect of its debt restructuring (2014)