Latham & Watkins Advises on US$650 Million NAV Facility, One of the Largest NAV Facilities Ever Completed for a Family Office
Latham & Watkins LLP has advised a family office in connection with the closing of a US$650 million NAV facility refinancing, which included US$162.5 million of revolving loans and US$487.5 million of term loans.
The Latham team representing the family office in the transaction was led by Fund Finance partner Benjamin Berman and counsel Donald Cooley, with associates Adam Deutsch, Drew Weisberg, and Ted Mathiowetz. Advice was provided on corporate matters by partners Haim Zaltzman, Benjamin Cohen, and Rafal Gawlowski, with associate Shawn Noh, and on tax matters by partner Elena Romanova.