Top searches

PL

Resources

B2RLaw advises on large international GBP 475 million refinancing

30/11/2020

B2RLaw has advised a consortium of banks, Goldman Sachs International and Barclays as global coordinators and joint bookrunners, and HSBC and NatWest Markets as joint bookrunners on Boparan Finance plc’s GBP 475 high yield Senior Secured Notes offering.

Boparan Finance plc is a subsidiary of the 2 Sisters Food Group, a UK originating food and restaurant holding group, and the largest food company in the UK by turnover supplying retailers such as Aldi and Tesco. It is one of the largest chicken producers in Europe. The company owns 44 manufacturing sites in the UK, Ireland Netherlands and Poland. The business is controlled by two shareholders, Ranjit Singh Boparan its president and board member, and Baljinder Kaur Boparan, his wife.

The new financing package also includes a new GBP 80 million revolving credit facility. The notes offering and new revolving credit facility are part of a full structure recapitalization of the group.

B2RLaw provided full Polish advice to the banks, working closely with lead international counsel to the banks, Ropes & Gray. Paul Hastings acted as lead international counsel to the Company.

B2RLaw’s team was led by Partner Szymon Syp with Partner Przemysław Krzemieniecki and Senior Associate Iga Wojtczak – Opala in support.

Szymon advises, “we are very pleased to have worked on this transaction and congratulate all the parties and advisors involved. This year has been especially tough on the food production and restaurant industries. However, the recent announcement of COVID-19 vaccines being highly effective has meant that the international bond market is hot now, as markets see light at the end of what has been a long dark tunnel. This bond issue will help 2 Sisters Food Group continue its operations and prosper.”

View more resources

Catch up on the very latest B2RLAW
announcements and news here.

26/04/2021

B2RLaw advises PGNiG Ventures on investment in electromobility charger company Enelion

B2RLaw has advised PGNiG Group’s corporate venture capital fund on its investment in Enelion, a provider of comprehensive solutions for […]

MORE
25/04/2021

On the Ropes: Anti-Corruption and International Risk Perspectives from Recent Developments in Poland

In this edition of Ropes & Gray’s podcast series On the Ropes: Enforcement Risk Roundtable, litigation and enforcement partner, Amanda […]

MORE
01/04/2021

B2RLaw advises Henley Investments on its debut Polish acquisition of a shopping centre

B2RLaw has advised Henley Investments, a leading private equity real estate firm based in the UK, on the acquisition of […]

MORE
23/03/2021

B2RLaw advises specialist international food and agribusiness PE fund on investment

B2RLaw has advised Paine Schwartz Partners, a global leader in investments in the food and agribusiness sectors, on its investment […]

MORE
17/03/2021

B2RLaw launches Agriculture and Agrifood Practice

B2RLaw has launched an Agriculture and Agrifood Practice co-led by Partners Aleksandra Polak and Roman Iwański. In doing so, B2RLaw […]

MORE
11/03/2021

B2RLaw advises on the sale of an office and retail complex in Poznan

B2RLaw has advised an entity from the Wechta Group, one of the largest developers in the Wielkopolski region, on a […]

MORE

Get in touch

Not sure who to contact? Let us help you find the right lawyer.

This site uses cookies to improve your experience More information.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close