ALG advises on 16 Finance Dublin 'Deals of the Year 2023'
ALG advises on 16 Finance Dublin ‘Deals of the Year 2023’
A&L Goodbody (ALG) advised on 16 of the winning 'Deals of the Year 2023' published by Finance Dublin this week. The annual review recognises best in class Irish corporate finance deals.
ALG, along with our clients, are listed across six different categories, showcasing our broad legal expertise. We are pleased to have been, once again, recognised as a leading advisor on some of the largest, most complex and innovative financing transactions in Ireland.
The winning categories and deals on which ALG advised include:
Aviation Finance Restructuring: Restructuring of Nordic Aviation Capital DAC and its subsidiaries
RMBS: Bank of Ireland’s non-performing loan portfolio dual-track disposal
Equity Capital Markets
SME Equity: AIB Foresight SME Impact Limited Partnership
Restructuring: Mallinckrodt plc.
Banking: Permanent TSB’s acquisition of Ulster Bank assets
Corporate Banking: AIB’s purchase of Ulster Bank’s Corporate Banking Division
Credit Platform: Finance Ireland Limited equity investment by M&G and PIMCO
Loans & Financing
Loans & Financing Deal of the Year: Eirgrid Celtic Interconnector financing
Green Revolving Credit Facility: IPUT Real Estate
Public Private Partnership: EquiSisk Community Care Partnership Limited
Mergers & Acquisition
Financial Services Acquisition of the Year: SMBC Aviation Capital's acquisition of Goshawk
Joint Venture: Fibre Networks Ireland J/V between InfraVia Capital Partners and eir
Green Finance, Equity Acquisition: Investment in Exergyn Ltd.
Private Equity: Corten Capital's acquisition of Ekco Cloud Holdings DAC
Speaking about the winning Financial Services Banking deal 'Permanent TSB’s acquisition of Ulster Bank assets’, Richard Grey, Partner, Corporate and M&A said:
"ALG was delighted to have advised Ulster Bank and NatWest, both long standing clients of A&L Goodbody, in what was a transformative transaction for both Ulster Bank, NatWest and indeed the broader Irish banking market."
Speaking about the winning Financial Services Corporate Banking deal ‘AIB’s purchase of Ulster Bank’s Corporate Banking Division’, Séamus Ó Cróinín, Finance partner said:
"It was a privilege to have worked with the Ulster Bank Ireland team on this important transaction, which marked a critical step in the bank's overall strategy. The mandate required co-ordinated input from a wide range of practice groups within the firm, and it has been great to work on such a complex transaction with a great client team."
Speaking about the winning Loans & Financing Green Revolving Credit Facility deal ‘IPUT Real Estate’, Ciarán Rogers, Finance partner said:
"We were delighted to be the lead legal advisers to IPUT plc, a long standing client of the firm, on its award winning green financing with AIB. IPUT is a market leader in responsible investing and is constantly striving to make sustainable practices a cornerstone of its strategy. Therefore, it was very keen to ensure its financing with AIB fully reflected its sustainable and green focus. We were delighted that IPUT turned to ALG, and its expertise in green and sustainable financings, to work with them on this notable transaction."
Speaking about the winning Mergers & Acquisition Green Finance, Equity Acquisition deal ‘Investment in Exergyn Ltd.’, Sheena Doggett, Corporate and M&A partner said:
"We were thrilled to act for Exergyn on its strategic investment from Mercuria, Lacerta Partners and McWin. Exergyn's mission is to significantly reduce global greenhouse gas emissions by leveraging its world-class expertise in shape memory alloy to enable commercial production of ground-breaking, clean-energy products. This important investment will play a crucial role in helping Exergyn to deliver on these goals, and we wish it every success in its endeavours."
Pictured (L-R): Richard Grey, head of Corporate and M&A, Laura Kennedy, Corporate and M&A partner, Marie O'Brien, head of Finance and David McElroy, Energy, Infrastructure & Natural Resources partner.