EXPERIENCE

Tom’s experience includes advising:

• The ad hoc committee of term, RCF, and L/C lenders to ARVOS, the global manufacturer and supplier of industrial equipment, heat exchange, and transfer solutions, on its €590 million debt and equity recapitalization transaction, implemented via an English scheme of arrangement
• SGB-SMIT, the power transformer manufacturing group, on the amendment and extension of its c. €630 million debt liabilities, including a significant equity injection from sponsor One Equity Partners, via the first English restructuring plan conducted by a Germany-headquartered business
• Hong Kong Airlines on its successful US$6.2 billion debt restructuring, including the first use of an English restructuring plan in parallel with a Hong Kong scheme of arrangement 
• Löwen Play, the German casino operator, on its debt for equity swap implemented via an English scheme of arrangement
• DTEK, Ukraine’s leading privately owned energy company, on its US$2.3 billion bank and bond restructuring including various UK schemes of arrangement, consensual, and other liability management transactions
• Smile Telecoms, the African telecommunications provider, on its English restructuring plan (the first to be conducted by a non-European company) facilitating the provision to the company of US$63 million of super-senior new money
• The senior creditors committee in relation to the €1.9 billion debt and equity restructuring of Selecta, a Swiss-headquartered pan-European coffee and vending machine business
• The private equity sponsor on the debt restructuring and sale of CarTrawler, a global travel technology solution provider
• Thomas Cook, a global travel business, during its compulsory liquidation, in relation to its restructuring, refinancing, and the preparation of a scheme of arrangement to allow the implementation of a debt-for-equity swap
• Savannah Petroleum plc in respect of its investment in, and acquisition of, Nigerian oil and gas assets of the Seven Energy group
• The ad hoc committee of bondholders on the restructuring of Johnston Press plc
• Bibby Offshore Services Plc, a British-based company that provides offshore and subsea services, in connection with its debt restructuring via a UK scheme of arrangement
• PrivatBank, one of Ukraine’s largest banks, on the restructuring of certain of its notes, which was implemented via a UK scheme of arrangement
• Avangardco, a leading Ukrainian agro industrial company, on the restructuring of its notes issued by its Cypriot subsidiary which was implemented via a UK scheme of arrangement
• DTEK, Ukraine’s leading privately owned energy company, on its US$2.3 billion bank & bond restructuring including various UK schemes of arrangement, consensual, and other liability management transactions