News

£2.5 Billion Financing Announced for Advent’s Acquisition of Cobham

London – Paul Hastings LLP, a leading global law firm, announced today that it is advising Credit Suisse, Goldman Sachs and Citibank as arrangers and underwriters in relation to a £2.5 billion 1st/2nd lien financing for U.S. private equity firm Advent International’s public-to-private bid to acquire Cobham plc.

The acquisition of Cobham, a UK aerospace and defense supplier, values the company at £4 billion. Linklaters and Weil acted for Advent International, and Allen & Overy acted for Cobham plc. More details of the acquisition can be found

.

The Paul Hastings team on the financing was led by London partner

 and London finance partners

Richard Kitchen

,

Ed Holmes

, New York finance partner Shekhar Kumar, New York tax partner

David Makso

, London tax associate

Jiten Tank

, London finance associates

Alon Blitz

, Lauren Winter,

Ludo Giannotti

 and

Oliver Elsaesser

 and London M&A associate

Lucy Malkin

.

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