International law firm Allen & Overy recently advised the mandated lead
arranger, Deutsche Bank AG London, on the US$2.345bn and e134.2m senior debt
and US$300m and e150m second lien facilities for Invensys International
Holdings Limited, a wholly owned subsidiary of Invensys plc, the engineering
The facilities have been established in connection with the refinancing of
Invensys which has been widely reported in the national and international
press. Security for the senior and second lien debt has been taken in 9
countries around the world, including 11 states in the USA.
The Allen & Overy team was led by London-based partner Stephen Kensell. He
was assisted by senior associates David Campbell and Matthew Heaton,
associates Simon Coles and Melanie Down and trainee Kirsten Bryans. Another
London partner Clive Wells and associate William Lucas acted on the senior
lien facilities. This London Global Loans team was supported by numerous
other lawyers in Real Estate, Intellectual Property, Leveraged Finance and
by our network of international offices including New York, Madrid, Milan,
Luxembourg, Frankfurt and Antwerp.
Freshfields advised the Invensys group.