Rainer Adlhart is a member of the corporate finance team, advising private equity sponsors, corporates, debt funds, and financial institutions on complex domestic and cross-border finance transactions, with particular expertise in US capital markets, private debt, and venture capital.

Rainer advises on:

  • High-yield bond offerings
  • Private placements
  • Crossover and investment grade bond offerings
  • IPOs, SPAC transactions, and capital raisings
  • Restructurings
  • Tender offers, consent solicitations, and other liability management transactions

Rainer also advises borrowers and lenders on syndicated credit, acquisition finance, direct lending, and leveraged finance transactions. He regularly acts for founders, high-growth companies, and investors in initial- through late-stage venture capital financings.

Before joining the firm, Rainer worked at other international law firms in London and New York.

Rainer is a member of the Munich Bar Association.

Rainer’s selected experience includes advising:

Debt Financing

  • Morgan Stanley on the financing of the acquisition of ORCA Software and ORCA-online by AEC Group
  • Golub Capital on the acquisition financing of Marlin’s takeover of Treasury Intelligence Solutions
  • A consortium of banks on MAHLE’s €500 million inaugural high-yield notes offering
  • LGT Private Debt on the acquisition financing of Trill Impact’s takeover of TT medic
  • Spandex/Chequers Capital on the refinancing of a debt capital structure  
  • A consortium of banks on IHO Holding’s multiple sustainability-linked PIK toggle high-yield notes offerings
  • Profine on a €380 million high-yield notes offering and a €85 million RCF
  • GGW Group /Hg on the investment of Permira
  • Consortium of banks on Progroup’s €750 million high-yield notes offering
  • A leading private debt fund on the acquisition financing of Bregal’s takeover of Netrics
  • Seven Senders on its venture capital financing by a London-based growth capital provider
  • Zooplus/H&F/EQT on the refinancing of debt capital structure
  • Löwen Play on its restructuring through inter alia a private placement of high-yield notes
  • Pricoa Private Capital on EMS MED TEC’s notes offering for purposes of financing two add-on acquisitions
  • Blackstone Property Partners Europe on €10 billion EMTN program and multiple investment grade notes offerings*
  • Cerdia/Blackstone on its US$600 million high-yield notes offering and a US$65 million RCF*
  • Constellation Automotive/TDR on a dividend recapitalization through a £695 million high-yield notes offering, a £785 million (equivalent) senior term loan facility, a £250 million RCF, and a £325 million second lien facility*
  • A consortium of banks on AstraZeneca’s €800 million investment grade notes offering for purposes of financing the acquisition of Alexion*
  • New Look on restructuring through inter alia a private placement of £150 million high-yield notes*
  • Intertrust/Blackstone on its €500 million inaugural “cov-lite” high-yield notes offering, €286 million (equivalent) term facilities, and a €150 million RCF*
  • WIND Hellas on its €250 million high-yield notes offering*
  • A consortium of banks on Swissport’s LBO through multiple high-yield notes amounting to €690 million and a CHF714 million TLB facility*
  • Jaguar Land Rover on a £400 million “cov-lite” high-yield notes offering*
  • Public Power Corporation on its €700 million inaugural high-yield notes offering*
  • Topaz Energy and Marine on a US$350 million inaugural high-yield notes offering and a US$40 million RCF*

Equity Financing

  • Placement agents on the at-the-market offering by Jumia Technologies
  • True Wind Capital on Cellebrite’s US$2.4 billion deSPAC merger and subsequent listing on the Nasdaq Stock Market*
  • KION/KKR on a €813 million rights offering*
  • Hensoldt/KKR on its €460 million IPO and listing on the Frankfurt Stock Exchange*
  • Global Blue/Silver Lake on their US$2.6 billion deSPAC merger and subsequent listing on the New York Stock Exchange*
  • Calisen/KKR on its £1.3 billion IPO and listing on the London Stock Exchange*
  • Aston Martin on its £1.2 billion IPO and listing on the London Stock Exchange*
  • JOST/Cinven on its €231 million IPO and listing on the Frankfurt Stock Exchange*
  • A consortium of banks on Delivery Hero’s €996 million IPO and listing on the Frankfurt Stock Exchange*
  • ABN AMRO on its €3.8 billion IPO and listing on the Amsterdam Stock Exchange*

*Matter handled prior to joining Latham

Bar Qualification

  • Certificate of Attestation from Law Society of Ireland
  • England and Wales (Solicitor)
  • New York

Education

  • LLM, Columbia University School of Law
  • Diploma in International Economics and Business Sciences, University of Innsbruck, Austria
  • Diploma in Law, University of Innsbruck, Austria

Languages Spoken

  • English
  • German