Latham & Watkins and Ashurst recently served as advisors on two multibillion-euro refinancing transactions in Europe, demonstrating an unusually high level of activity in a sector that has been relatively quiet due to soaring interest rates. However, this trend may change in the upcoming year as more loans become due, according to attorneys involved in these transactions.
Latham provided its expertise to the arrangers in a €2.3 billion dual-tranche Term Loan B leverage financing deal for Ceva Santé Animale, a major veterinary pharmaceutical company based in France.
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