Slaughter and May advised LGC Science Holdings Limited (LGC) on the refinancing of its senior secured banking facilities. The new £153.75 million and EUR 183,519,188 banking facilities, which comprise term loans and a revolving credit facility, are made available to LGC by a syndicate of lenders including The Bank of Ireland, Commerzbank AG, GE Corporate Finance Bank, HSBC, ING Bank and Société Générale as original lenders.
LGC is an international life sciences measurement and testing company and is the designated UK National Measurement Institute for Chemical and Bioanalytical measurement.
Bredin Prat advised on French law, Gleiss Lutz advised on German law and Greenberg Traurig LLP advised on US law.
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Financing: Matthew Tobin (partner), Andrew Chaplin (associate), Grace Somers (associate), Rebecca Nind (associate)