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

Mr. Adlhart 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

Mr. Adlhart 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.

Prior to joining the firm, Mr. Adlhart worked at international law firms in London and New York.

Mr. Adlhart is a member of the Munich Bar Association.

Mr. Adlhart’s selected experience includes advising:

Debt Financing

  • Zooplus/H&F/EQT on refinancing of debt capital structure
  • Consortium of banks on a Revolving Credit Facility for a Real Estate company
  • Löwen Play on 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 US$600 million high yield notes offering and US$65 million RCF*
  • Constellation Automotive/TDR on dividend recapitalization through £695 million high yield notes offering, £785 million (equivalent) senior term loan facility, £250 million RCF, and £325 million second lien facility*
  • 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 €500 million inaugural “cov-lite” high yield notes offering, €286 million (equivalent) term facilities, and €150 million RCF*
  • WIND Hellas on €250 million high yield notes offering*
  • Consortium of banks on Swissport’s LBO through multiple high yield notes amounting to €690 million and CHF 714 million TLB facility*
  • Jaguar Land Rover on £400 million “cov-lite” high yield notes offering*
  • Public Power Corporation on €700 million inaugural high yield notes offering*
  • Topaz Energy and Marine on US$350 million inaugural high yield notes offering and US$40 million RCF*

Equity Financing

  • True Wind Capital on Cellebrite’s US$2.4 billion deSPAC merger and subsequent listing on the Nasdaq Stock Market*
  • KION/KKR on €813 million rights offering*
  • Hensoldt/KKR on €460 million IPO and listing on the Frankfurt Stock Exchange*
  • Global Blue/Silver Lake on US$2.6 billion deSPAC merger and subsequent listing on the New York Stock Exchange*
  • Calisen/KKR on £1.3 billion IPO and listing on the London Stock Exchange*
  • Aston Martin on £1.2 billion IPO and listing on the London Stock Exchange*
  • JOST/Cinven on €231 million IPO and listing on the Frankfurt Stock Exchange*
  • Consortium of banks on Delivery Hero’s €996 million IPO and listing on the Frankfurt Stock Exchange*
  • ABN AMRO on €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

  • Master of Laws (LL.M.), 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