Area of focus

Direct Lending

Responding to competitive tensions and regulatory challenges, the global lending market is constantly evolving. Direct lenders are becoming increasingly sophisticated and global in their outlook, taking a significant share of the market, either acting alone or together with banks.

We have been at the forefront of the direct lending market since it was established in Europe, advising on all stages of the lending lifecycle – from the structuring and establishment of direct lending funds, through to advising...

Representative experience

Ares Management on the financing of the acquisition of Wireless Logic Group by Montagu Private Equity.

Barings on its first ever Australian unitranche/super senior structured financing to The Riverside Company to acquire Energy Exemplar.

MidCap Financial Trust as administrative agent and sole lender on a term loan facility to an American pharmaceutical company.

Cheyne Capital Management in relation to the development finance facility made available by two Luxembourg funds managed by Cheyne to finance the development of two sites in Manchester.

Tikehau Capital on its investment into the capital of Filiassur and the related financing for the acquisition.

ICG in relation to the financings of Bergman Clinics and NL Healthcare.

Pemberton and Lloyds Bank in connection with a Unitranche Facility and Super Senior Facility granted to Vitruvian Partners for the purposes of acquiring the Travel Counsellors’ group.

ICG-Longbow on its whole loan financing of Hackney Walk Fashion Hub and on its debt and equity investments in series of UK shopping centres.

Hogan Lovells Publications

When direct lending turns distressed Lev Fin Spin

The recent Debtwire European Mid-Market Forum opened with a presentation from Paul Johnson of the Institute of Fiscal Studies. He warned the delegates of storm clouds gathering over the...

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Press Releases

Hogan Lovells advises Ares on the unitranche financing of the acquisition of a majority stake in Synthon Holding B.V.

Hogan Lovells has advised Ares in relation to the unitranche facilities provided to BC Partners for the acquisition of a majority stake in Synthon International Holding B.V., a global...

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Media Mention

Cov-lite loans push up tech companies down under

Partner Richard Hayes is quoted in an article in Private Debt Investor entitled 'Cov-lite loans push up tech companies down under' discussing the recent issuances of covenant lite- or...

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Hogan Lovells Publications

Financing the future: the expanding role of private debt in Asia

Asia has historically been a bank-financed market. Debt structures have typically been straightforward and banks have traditionally been able to service the needs of corporates for both...

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Hogan Lovells Publications

What part do debt funds play in today's real estate finance arena?

Real estate debt funds have traditionally had a much lower profile in European real estate lending than in the US market. The global financial crisis changed this, however, and following...

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Media Mention

When direct lending turns distressed - in conversation with Hogan Lovells

Recently finance partners Paul Mullen, Jo Robinson, and Tom Astle sat down with Joelle Jefferis, Debtwire to discuss what has happened so far in distressed direct lending scenarios and what ...

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