Global law firm Ashurst has advised the issuer and guarantors in connection with SIG plc's high yield issuance of €300 million 9.75% Senior Secured Notes due 2029, an amended and extended £90,000,000 Super Senior Revolving Credit Facility and on an accelerated debt tender offer to repurchase up to €300 million in aggregate principal amount of its outstanding 5.25% Senior Secured Notes due 2026.
The issuer is a public limited company incorporated under the laws of England and Wales and a supplier of specialist insulation and sustainable building products and solutions across the United Kingdom, France, Germany, Ireland, Benelux and Poland.
The Ashurst team was led by partner Jacques McChesney, with primary support in the UK from partner Helen Burton and senior associates Sarah Curry and Sebastian Brignell, associate Jessica Chan and trainee Nico Laczny, as well as extensive support from the wider global loans team across Germany and France. Partner Tom Mercer, senior associate Hayley Gow and associate Victoire Gabai led on corporate advice, while the wider Ashurst team also comprised tax (UK and US), pensions, real estate and RSSG. In addition, the Ashurst Advance delivery team included senior analysts Jennifer Mellon, Dylan Lamb and Amy Weldon, analyst Zainab Adetunbi and manager Jane Zhao.
