London – January 18 2005 – LAWFUEL -The Law News Network – DLA Piper Rudnick Gray Cary has advised Barclays Bank PLC on its provision of £75 million Senior, Mezzanine and Working Capital debt funding facilities, which were utilised in part to fund the secondary buyout of Tragus Group, the owners of Café Rouge, Bella Italia, Mama Amalfi, Abbaye and Oriel chain of restaurants. L&G Ventures provided private equity funding.
Barclays Bank PLC is an existing client of DLA Piper Rudnick Gray Cary.
The DLA Piper team was led by banking partner John Cutler, who was assisted by banking associate, Richard Mann and banking solicitor, Alex Dumphy with additional support from Ed Griffiths in corporate and Alison Gowman in real estate.
John Cutler, banking partner in DLA Piper’s London office said:
“This was a significant transaction for Barclays Leveraged Finance as it cemented a growing relationship with L&G Ventures. This is the third transaction in recent months where Barclays Bank has backed L&G Ventures and we have developed very good working relationships with L&G Ventures and their legal advisers as a result.”
“We are delighted to have once again been involved with Barclays Bank for whom we have acted for a number of years.”
