Conrad Andersen

Latham & Watkins has advised a syndicate of 14 lenders on a sustainability-linked long-term financing for euNetworks Holdings Limited (euNetworks), a critical bandwidth infrastructure company. The debt financing amounting to €1.26 billion will be used to refinance existing debt and includes new significant undrawn, committed debt facilities to fund the construction and development of the next generation of critical bandwidth infrastructure in Europe. The Latham team was led by London infrastructure partners Conrad Andersen and Seonaid Todisco, with associates Lothar Krumpen and Matthew Milne. Additional advice was provided by Frankfurt partner Sibylle Münch, with associates Ralph Dräger and André Traute; Madrid partner Fernando Colomina, with associate Ignacio Sánchez; and Paris counsel Etienne Gentil.~~

Jun 20

1 min

Latham & Watkins has advised Kinland AS on the successful amendment and extension of senior bank term facilities totalling NOK 2 billion from a consortium of leading European banks and institutional infrastructure debt investor, supported by PATRIZIA Infrastructure. The amendment and extension process was supported by an indicative credit rating exercise, which resulted in an Investment Grade rating for Kinland’s debt, and includes new drawn and undrawn debt commitments in support of Kinland’s further growth ambitions. Moreover, the debt extension ensures maturity alignment with NOK 1.9 billion of existing longer-maturity senior institutional debt facilities carrying fixed-rate coupons viewed as highly competitive in today’s interest rate environment. The Latham team was led by London infrastructure partner Conrad Andersen, with associates Amanda Fortuna, Maurice Stewart, and Luca Credentino.~~

Dec 20

1 min

Latham & Watkins LLP hat Swiss Life Asset Managers (Swiss Life AM) und Vauban Infrastructure Partners (Vauban) bei der erfolgreichen Durchführung eines umwandlungsrechtlichen Squeeze-outs der Minderheitsaktionäre der Aves One AG im Rahmen der Verschmelzung der Aves One AG auf die Rhine Rail Investment AG beraten. Die Rhine Rail Investment AG als Rechtsnachfolgerin der Aves One AG mit Sitz in Hamburg ist einer der größten Bestandshalter von Güterwagen und Wechselbrücken in Europa. Latham & Watkins hat Swiss Life AM und Vauban bereits im Zusammenhang mit dem freiwilligen Übernahmeangebot und dem anschließenden Delisting-Angebot an die Aktionäre der Aves One AG im Jahr 2021/2022 sowie dem Erwerb der Wascosa Holding AG im Jahr 2022 als Buy-and-Build-Transaktion beraten. Latham & Watkins LLP hat mit folgendem Team beraten: Dr. Tobias Larisch (Partner, Federführung), Dr. Steffen Augschill, Dr. Ivo Veit Wanwitz (beide Associate, alle Corporate, Düsseldorf), Conrad Andersen (Partner, London), Sibylle Münch (Partner), Ralph Dräger (Associate, beide Frankfurt), Dr. Jan Frederik Heuer (Associate, Hamburg), Chidi Onyeche, Abi Yussuf (beide Associate, London, alle Finance)~~

Apr 5

1 min

Latham & Watkins has advised the funders to Budapest Airport Zrt. on the amendment and restatement of its financing platform and concession arrangements in connection with its sale. The airport was sold by AviAlliance (a wholly owned subsidiary of PSP Investments), GIC, and CDPQ to the Hungarian state-owned investment fund Corvinus Zrt., along with French co-investor Vinci Airports. Following the completion of the sale on June 6, 2024, Budapest Airport is 80% owned by Corvinus and 20% by Vinci Airports, with Vinci Airports acting as operator of the airport. The transaction is valued at €3.1 billion (equity value), with an additional net debt of €1.2 billion as of December 2023, amounting to €4.3 billion. The Latham team was led by London infrastructure partners Seonaid Todisco and Conrad Andersen, with associates Chuan Foo and Matthew Milne.~~

Jun 10

1 min