Latham & Watkins Advises on Landmark US$4.66 Billion Refinancing for Alera

Latham & Watkins represented the financing sources in a US$4.66 billion refinancing for Alera, an independent financial services and insurance firm. The milestone transaction is the largest-ever syndicated refinancing of a loan originated in the private credit market, according to CreditSights.

Banking partners Alfred Xue and Victor Ludwig led the Latham team, with associate William Council and assistance from Ryan Ng. Advice was also provided on benefits matters by counsel Rifka Singer; on intellectual property matters by partner Jeffrey Tochner; on tax matters by partner Bryant Lee, with associate Molly Elkins; on uniform commercial code matters by partner Brian Rock, with associate Sean Travers; on sanctions matters by associates C.J. Rydberg and Amulya Vadapalli; and on anti-corruption matters by associate Leandra Joseph.