Karan Chopra

  • Partner
  • Ekaran.chopra@lw.com
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.20.7710.4573
  •  
 

Profile

Karan Chopra is a partner in the London office of Latham & Watkins and a member of the Banking Practice. He advises clients on a range of domestic and cross-border leveraged, investment grade, and fund finance transactions at all levels of finance capital structures including senior, super senior, second lien, mezzanine and PIK debt, direct lending, and bank/bond financings.

Experience

Mr. Chopra’s experience includes advising:

  • The initial purchasers and mandated lead arrangers in the offering of €400 million senior secured notes, €300 million senior unsecured notes, and the entry into a €750 million and US$725 million senior facilities agreement by the Klockner Pentaplast Group 
  • The mandated lead arrangers in the US$2.205 billion equivalent senior and second lien financing for Advent’s acquisition of the Distributed Power business from General Electric
  • The mandated lead arrangers in the €2.1 billion equivalent financing for Oberthur’s acquisition of Morpho and the refinancing of existing Oberthur and Morpho indebtedness 
  • The mandated lead arrangers in the €6.8 billion financing for China National Chemical Corporation's purchase of shares in Pirelli from Camfin and the subsequent tender offer for the remaining shares in Pirelli
  • The mandated lead arrangers in the €6.4 billion refinancing of the indebtedness incurred in connection with China National Chemical Corporation’s acquisition of Pirelli
  • The mandated lead arrangers in the US$30.85 billion bridge facilities agreement entered into by Takeda Pharmaceutical Company Limited to part fund the acquisition of Shire plc
  • The mandated lead arrangers in the US$921 million equivalent refinancing of the Albéa Beauty Group and the subsequent repricing in connection with PAI Partners’ acquisition of the group
  • The mandated lead arrangers in the €375 million financing for Stonepeak Infrastructure Partners’ acquisition of the euNetworks Group
  • The mandated lead arrangers in the €1.12 billion equivalent senior and second lien financing for Partners Group’s acquisition of the Ammeraal Beltech and Megadyne Groups
  • The mandated lead arrangers in the €1.93 billion senior secured credit facilities, senior secured Notes, and senior notes financing for Banijay Group’s acquisition of the Endemol Shine Group
  • The underwriters of the senior financing for SK Capital’s acquisition the Ipackchem Group
  • The mandated lead arrangers in the €290 million senior financing for Investindustrial’s acquisition of CSM Bakery Solutions
  • The mandated lead arrangers in the senior financing for Investindustrial’s acquisition of the Italcanditi Group
  • The mandated lead arrangers in the €390 million financing for Investindustrial’s acquisition of the HTL Strefa Group
  • The mandated lead arrangers in the €215 million financing for Investindustrial’s acquisition of the LifeBrain Group
  • The mandated lead arrangers in respect of additional facilities entered into by the Ceme Group
  • The underwriters of the senior financing for InvestIndustrial’s acquisition of the Neolith Group
  • The underwriters of the senior financing for InvestIndustrial’s acquisition of the Natra Group
  • The underwriters of the senior financing for the refinancing of the Engineered Stone Group
  • The mandated lead arrangers in the €760 million senior financing for Ardian’s acquisition of Agfa Healthcare’s IT Business
  • The mandated lead arrangers in the €270 million senior financing for Ardian’s acquisition of DXC Technology’s Healthcare IT Business 
  • The mandated lead arrangers in the €800 million senior and super senior financing for Bain Capital and Neuberger Berman’s acquisition of the Engineering Group
  • The mandated lead arrangers in the €1.05 billion equivalent senior and second lien refinancing of the Archroma Group
  • The mandated lead arrangers in the €310 million senior financing for the Afriflora Group’s acquisition of the Flamingo Group
  • The mandated lead arrangers in the £485 million senior refinancing of the Bakkavor Group
  • The mandated lead arrangers in the £150 million and US$145 million senior refinancing of Genus Group
  • Various super senior lenders in the senior financing for Bridgepoint’s take private acquisition of Cherry AB
  • The initial purchasers and mandated lead arrangers in the offering of £215 million senior secured notes and £35 million second lien notes and the entry into a £45 million revolving facility agreement by the Voyage Healthcare Group 
  • The initial purchasers and mandated lead arrangers in the offering of US$550 million senior secured notes and the entry into a US$205 million equivalent senior facilities agreement by Liquid Telecommunications
  • The initial purchasers and mandated lead arrangers in the offering of US$620 million senior secured notes and the entry into a ZAR3.25 billion and US$60 million senior facilities agreement by Liquid Telecommunications
  • The initial purchasers and mandated lead arrangers in the offering of €600 million equivalent senior secured notes and the entry into a €225 million revolving facility agreement by the Viridian Group
  • The initial purchasers and mandated lead arrangers in the offering of €300 million senior secured notes and the entry into a €260 million senior facilities agreement by Moby Lines
  • EQT Partners in the senior financing related to the acquisition of the Limacorporate Group
  • Samvardhana Motherson Group in the offering of €500 million senior secured notes and the entry into a €125 million revolving facility agreement
  • Victoria PLC in the offering of €300 million senior secured notes
  • Ithaca Energy, Inc. in the offering of US$500 million senior notes
  • Wagamama Group in the offering of £150 million senior secured notes and the entry into a £15 million revolving facility agreement
  • Bibby Offshore Group in the offering of £175 million senior secured notes and the entry into a £20 million revolving facility agreement

Thought Leadership

  • Sustainability Linked Leveraged Loans in Europe: LMA and ELFA Release Best Practice Guide -  August 03, 2021
  • The Continued Prevalence of European Covenant Lite - 2021 -  April 08, 2021
  • Acquisition and Leveraged Finance Review – UK -  January 26, 2021
  • The Continued Prevalence of European Covenant Lite -  April 09, 2020
  • Credit insights – Finding Liquidity Under Loan and Bond Documents -  April 06, 2020
Bar Qualification
  • England and Wales (Solicitor)
Education
  • Legal Practice Course, BPP Law School, 2007
  • Bachelor of Laws (LLB), University of Bristol, 2006
Languages
  • English
Practices
  • Restructuring & Special Situations
  • Banking
  • Private Equity Finance
  • India Practice
  • Africa Practice