Milbank Advises on Completion of SLV Lighting Group’s €275M Refinancing

Milbank LLP advised an ad hoc group of TLB lenders (the AHG) of SLV Lighting Group (SLV) on the completion of SLV’s c. €275 million refinancing. SLV is one of Europe’s leading companies in the lighting industry and an Ardian portfolio company.

The transaction involved the full refinancing of SLV’s TLB and RCF with new unitranche financing. Milbank previously represented an AHG of TLB lenders as part of SLV’s 2023 A&E transaction.

The Milbank Financial Restructuring team that advised the AHG was led by partners Mathias Eisen and Yushan Ng, special counsel Dionne Brown and Robert Kastl, and associate Andreas Charidemou. Partner Alan Rafferty and associate Jade Du Berry assisted in relation to tax.