Hogan Lovells Advises Lloyds on All Saints
12 May 2011
LONDON, 12 May 2011 - Hogan Lovells has advised Lloyds TSB Bank plc on its ongoing financing of the fashion chain All Saints which was acquired yesterday by private equity investors Lion Capital and Goode Partners. Post-acquisition, Lloyds will continue to provide working capital facilities to the All Saints group.
The Hogan Lovells team advising Lloyds was led by banking partner Chris McLaughlin and assisted by associate Erica King.
Commenting on the transaction, Chris McLaughlin said:
"This was a transaction with considerable media attention due to the brand's significant high street visibility. We were delighted to be able to assist Lloyds in its continued commitment to All Saints."
Charles Lamplugh, lead relationship director, Large Corporate, Lloyds Banking Group said:
“This was a complex and fast changing deal, as is often the case when selling a business with international operations, and as such the support of our advisers was critical. Working with Hogan Lovells we were able to ensure that we secured the best possible result for all parties, and we are delighted with what has been achieved.”
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