William Fry are proud to have represented leading diversified healthcare services provider, Uniphar plc, on their recent financing amendment with a syndicate of seven banks.

As part of the transaction, the group’s existing €400 million revolving credit facility was extended by two years to August 2029 and a new €150 million term loan was made available.  The debt package also includes an uncommitted €150 million accordion facility.  All facilities are sustainability linked allowing for pricing adjustment based on the achievement of predefined sustainability performance targets by the group.

William Fry, as lead counsel to the company, played a key role in co-ordinating the overall financing including leading on all legal documents and managing the strict timeline.

The William Fry team was led by Padraic Kinsella (Partner and Co-Head of Banking & Finance) and included Jack Stokes (Associate, Banking & Finance),  Jessica Coleman McCarthy (Trainee, Banking & Finance), Conor Hayes (Trainee, Banking & Finance) and Sean Murray (Partner, Tax).

Debt advisors for the group were Capnua and the team included Jamie McConnell (Partner) and Conor Guerin (Manager).