Macfarlanes has advised Alcuin Capital on the refinancing of one of its portfolio companies, Krispy Kreme Doughnuts.

The team advised on refinancing existing senior and mezzanine debt with Santander.

The Macfarlanes team was led by finance partner Bronwen Jones who comments: "We are pleased to have assisted Alcuin and the Krispy Kreme team with this important refinancing of one of Alcuin's successful portfolio companies."