Cases & Deals

L1 Retail obtains financing in connection with acquisition of Holland & Barrett

Clients Letterone Investment Holdings S.A.

Jones Day advised L1 Retail, the retail investment arm of LetterOne , in the £900 million (US$1.1 billion) senior financing in connection with the acquisition of Holland & Barrett, Europe's largest health and wellness retailer, from The Nature's Bounty Co. and The Carlyle Group. The financing, one of the largest European retail sector debt transactions in 2017, was arranged by HSBC, UBS, Citi, Barclays, and Société Générale.

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