Ashurst advised RPC Group plc, a leading UK FTSE-250 plastic products design and engineering company for packaging and selected non-packaging markets, on a US$750m bridge term loan facility to be used to part fund the consideration payable in connection with the proposed acquisition of the Letica Group, a leading North American manufacturer and distributor of rigid plastic packaging and foodservice products serving building and construction, foodservice, food, chemical and retail end markets.

The Ashurst London team was led by banking partner Nicholas Moore, assisted by senior associates Darren Phelan and Briony Holcombe, and associate Andrew Lowndes.