Macfarlanes and Freshfields are among firms advising as publishing company prepares for growth with refinancing deal
January 08, 2015 at 11:40 AM
1 minute read
The original version of this story was published on Legalweek
Macfarlanes, Kirkland & Ellis and Freshfields Bruckhaus Deringer have taken leading roles on Legal Week publisher Incisive Media’s refinancing, which will hand private equity firm Alchemy a majority stake in the business.
The business media publisher agreed a new capital structure with Alchemy and other lenders, in a bid to strengthen its balance sheet and decrease net debt, with cash pay debt reduced from £110m to £25m.
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