Ogier advises on INEOS EUR 785m high yield bond

Ogier has advised INEOS, Britain’s largest privately-owned company (approx. GBP 9bn), in relation to the successful restructuring of one of its debt facilities. Ogier also provides corporate services to various INEOS group entities.

INEOS has been referred to as the world’s third-largest petrochemicals player without private-equity backing. 

Working alongside Slaughter & May and Cravath, Swaine & Moore LLP, Ogier advised the INEOS Jersey subsidiaries in a transaction which involved the issuance of EUR 785,000,000 10.625% Senior Secured Notes due 2017 by an INEOS Issuer.

The Ogier team has been led by Chris Byrne (Partner and head of Banking and Finance) who has been supported by Senior Associate Paul Burton and Associates Chula O'Donoghue and Gemma Hardcastle.