Latham Advises on the Financing of the New Entrepreneurial Project in Safic-Alcan
Latham & Watkins has advised the banks on the TLB cov-lite and RCF financing, underwritten by ING, HSBC, Natixis and Société Générale, in connection with the new entrepreneurial project in Safic-Alcan, a major distributor of specialty chemicals. Safic-Alcan’s executive team, together with their existing private equity funds partners, namely EMZ partners, Sagard and Société Générale Capital Partenaires, will continue to invest alongside the management and will be reinforced by three new private equity funds, namely Equistone, IK Partners and GENEO Capital Entrepreneur.
The Latham Paris team was led by finance partners Xavier Farde and Carla-Sophie Imperadeiro, with associates Virginie Terzic, Florana Benabid, and Anas Benmalek. Advice was provided on tax matters by partner Xavier Renard with associate Andréa Stapts.