Ashurst has advised HSBC Bank plc, Lloyds Bank plc, M&G Investments, Rabobank International, London Branch and Santander UK plc as senior arrangers on the refinancing of Caffé Nero. The refinancing consists of £125 million of senior debt and £153 million of mezzanine debt.

The Ashurst team was led by Finance Partner Simon Thrower, assisted by associate Laura Ho and associate Sara Mardell advised on tax aspects.