New York duo White & Case and Fried Frank Harris Shriver & Jacobson have completed the complex £1.8bn refinancing of telecoms company Telewest Communications, as the telecoms sector continues to generate a stream of work for legal advisers.
White & Case advised lead arrangers Barclays Capital, Citi-group, Credit Suisse First Boston, BNP Paribas, Royal Bank of Scotland and Deutsche Bank on the deal. It was concluded on 30 December and sees an overhaul of the company’s creditors.
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