NautaDutilh Luxembourg advised Ardagh Group’s founder on the Luxembourg law aspects of Ardagh Group S.A.’s recently announced USD 4.3b recapitalisation, which forms part of a significant financial restructuring of the group.
The transaction included a debt-for-equity swap of USD 4.3b, the provision of USD 1.5b in new capital and the extension of bond maturities in order to improve liquidity and provide long-term stability for the group’s operations.
“The agreed structure provides a pragmatic route to deleverage and extend the maturity profile. Our team supported the Luxembourg workstream and coordinated with the wider advisory teams to facilitate a robust and efficient implementation.”
The NautaDutilh Luxembourg team also included Aline Nassoy (Counsel), Brice Bertolotti (Senior Associate), Max Heuermann (Associate) and Mathieu Alempic (Associate).
Ardagh Group S.A. is a global supplier of sustainable metal and glass packaging solutions, serving leading brands across the food, beverage, and consumer goods sectors.
