Ashurst has advised financial investor Triton on the refinancing of senior and mezzanine loans and on the re-organisation of the subordinated liabilities of its portfolio company Stabilus. The refinancing was carried out by way of a high yield bond issue.

Ashurst advised Triton vis-à-vis its former lenders and its subordinated creditors.

The team was led by Munich partner Sebastian Schoon and comprised partners Jane Fissenden and Dan Hamilton, Luxemburg Desk partner Isabelle Lentz (all London), senior associates Carsten Endres (Munich), Paul Witte and Jasmine Thorpe (both London), associate Thomas Freund (Munich) as well as further lawyers of Ashurst's London and Washington DC offices (all finance).

Ashurst has been advising Triton regularly for several years. In 2010, the firm advised the financial investor on the acquisition of car parts manufacturer Stabilus by way of a loan-to-own transaction. In addition, Ashurst supported Triton at the beginning of 2013 on the restructuring of the liabilities of fashion company Basler.

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