A&O acts on £1.7bn Ahold refinance deal

Allen & Overy’s (A&O’s) Amsterdam arm has advised on the high profile £1.7bn refinancing of troubled Dutch retail giant Ahold alongside New York’s Davis Polk & Wardwell.

In a rapidly thrown together financing, A&O advised a group of banks, led by key client ABN Amro, on the creation of the credit lifeline for Ahold, with Davis Polk partner Donald Bernstein advising on US law issues.

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