Legal Week Reports
March 02, 2005 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Berwin Leighton Paisner (BLP) has sealed its first major transaction for leading whiskey supplier Whyte and Mackay, acting on the group’s £150m refinancing by Halifax Bank of Scotland (HBoS).
The deal sees German investment bank WestLB relinquish its 35% controlling stake in the group to chief executive Vivian Imerman and co-owner Robert Tchenguiz, with £188m of headline debt restructured into a £135m senior debt facility provided by HBoS, with a £15m increase in equity.
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