Sullivan & Cromwell, Freshfields Bruckhaus Deringer and  Cleary Gottlieb Steen & Hamilton have landed key roles advising on the €1bn (£790m) emergency rescue package for Euro Disney.

The refinancing, which will see €400m (£317m) pumped into the business by parent company Walt Disney and a €600m (£477m) swap of debt into shares in the US group.