RachelYafet

Associate

London + 44.20.7039.5721

Rachel Yafet's practice focuses on solvent and insolvent restructurings and financing transactions. She has worked with a wide range of clients, including senior and mezzanine lenders, corporate borrowers, private equity firms, financial institutions sponsors, and insolvency office holders.

Rachel has experience in a range of finance matters, including leveraged and acquisition finance, private equity finance, and fund finance. Her recent experience includes advising a private equity fund in financing of the acquisition of certain consumer retail brands and representing Macquarie European Infrastructure Fund 6 in financing its acquisition of Beauparc Utilities, Ireland's largest waste management company.

Rachel's insolvency practice encompasses a range of contentious and noncontentious work. Her recent experience includes acting for American Industrial Partners in connection with disputes relating to the acquisition of an aluminium smelter in France and its acquisition of 100% of the shares of Aluminium Belgium BV, a Belgian aluminium smelter. She also has recently acted for the liquidator of a well-known retailer following its collapse.

Rachel is involved in pro bono initiatives and sits on the London Office's pro bono committee.

Experience

  • Macquarie agrees to acquire Suez Recycling and Recovery UK Group for approximately €2.4 billionJones Day is advising Macquarie Asset Management in the execution of a put option agreement to acquire 100% of the shares of Suez Recycling and Recovery UK Group, for approximately €2.4 billion.
  • AIP acquires Aluminium BelgiumJones Day advised American Industrial Partners in the acquisition of 100% of the shares of Aluminium Belgium BV, the parent company which owns Aluminium Duffel, from Ecnavla 8 UK Ltd.
  • Sun Communities acquires Park Holidays UK for $1.3 billionJones Day advised Sun Communities, Inc. on its acquisition of Park Holidays UK for approximately $1.3 billion.
  • OakNorth finances management buyout of Mr Fothergill's SeedsJones Day advised OakNorth Bank plc in connection with its financing of the management buyout of UK-based horticulture company, Mr Fothergill's Seeds by Harwood Private Capital.
  • American Industrial Partners Capital Fund VII takes control of Aluminium Dunkerque companiesJones Day has advised American Industrial Partners Capital Fund VII, L.P. in connection with the acquisition of the Aluminium Dunkerque companies through the foreclosure on the shares of Liberty France Industries 1 SA, which were pledged to affiliates of AIP under mezzanine financing arrangements previously provided to Aluminium Dunkerque, due to ongoing payment and other defaults.
  • Ensign-Bickford Industries acquires Cawood Scientific LimitedJones Day advised Ensign-Bickford Industries, Inc. on its acquisition of Cawood Scientific Limited (Cawood).
  • LondonMetric obtains bilateral £150 million unsecured revolving credit facilityJones Day represented LondonMetric Property Plc in relation to a bilateral £150 million unsecured revolving credit facility provided by a multinational universal bank in connection with obtaining exclusivity on buying a large portfolio of property.
  • Bally's acquires Gamesys for $2.7 billionJones Day advised Bally's Corporation in connection with the $2.7 billion acquisition and financing of Gamesys Ltd., an LSE-listed online gaming company.
  • Internet Fusion Group obtains financing for acquisition of Northcore Limited and Shade LimitedJones Day represented Internet Fusion Group, an online retail group, in connection with the leveraged acquisition financing of Northcore Limited, an outdoor surf accessories and lifestyle clothing brand, and Shade Limited, an independent on-line sunglasses retailer.
  • U.S. Steel closes €300 million sustainability linked revolving credit facilityJones Day advised U.S. Steel Košice, s.r.o., a wholly owned subsidiary of United States Steel Corporation and one of the largest integrated steel producers in Central Europe, on its entry into a €300 million sustainability linked revolving credit facility with a syndicate of lenders led by ING Bank N.V.
  • Macquarie acquires Beauparc Utilities, Ireland’s largest waste management companyJones Day advised Macquarie European Infrastructure Fund 6 in the acquisition and financing of Beauparc Utilities, Ireland’s largest waste management company.
  • Horizon Technologies raises capital in Series A roundJones Day advised Horizon Technologies in its Series A financing led by Maven Capital Partners with participation from Virgin Money.
  • Pepper Global restructures corporate groupJones Day advised Pepper Global, a leading diversified global loan servicer and lender, on a major restructure of its corporate group.
  • LondonMetric obtains £175 million unsecured revolving credit facilityJones Day represented LondonMetric Property Plc, a British property company, in connection with a £175 million unsecured revolving credit facility provided by Wells Fargo Bank N.A., London Branch.
  • LondonMetric obtains £225 million unsecured revolving credit facilityJones Day represented LondonMetric Property Plc, a British property company, in connection with a £225 million unsecured revolving credit facility coordinated by Barclays Bank plc.
  • Pictet Alternative Advisers acquires three Grade II listed office buildings in ManchesterJones Day represented Pictet Alternative Advisers SA in connection with the £119 million acquisition of three Grade II listed office buildings in Manchester, United Kingdom from Helical Plc and continues to act on the acquisition financing with Helaba and establishment of a joint venture with XLB Property.
  • Atlas Arteria establishes new capital structure for Warnow Tunnel in GermanyJones Day advised Atlas Arteria, a global owner, operator, and developer of toll roads, on a new approximately 29-year debt facility for its Warnow Tunnel in Germany as part of a capital restructuring.
  • Greystar acquires £291 million portfolio of UK student accommodations from Nido portfolioJones Day represented Greystar Real Estate Partners, LLC in the £291 million acquisition of five purpose-built student accommodation ("PBSA") assets from the Nido portfolio.
  • JTC acquires INDOSJones Day advised JTC PLC in its acquisition of INDOS, an industry-leading specialist in the provision of depositary, Environmental, Social & Governance (ESG) and Anti-Money Laundering (AML) oversight services for c. $56 billion of assets held by UK and International alternative investment funds.