Toby Bingley

Profil Toby Bingley

Toby is a partner in our global transactions group, specialising in leveraged finance.

He has broad banking experience, specialising in advising private equity funds, other financial sponsors, corporates and lenders on leveraged acquisition financing, corporate finance and refinancing transactions across Europe and in a range of sectors.

Mandate

Representative work

Toby has acted for:

• Ontario Teachers’ Pension Plan Board on the unitranche financing of its acquisition of UK wealth manager 7IM;
• AEA on the unitranche financing of its acquisition of leading industrial automation system integrator, SCIO Automation;
• Cinven on financing aspects of its acquisition of International Financial Group;
• McGill and Partners (a Warburg Pincus portfolio company) on its receivables-backed loan refinancing;
• Bain Capital and Cinven on the €2.4bn equivalent loan and high yield bond financing of their acquisition of Lonza Specialty Ingredients and subsequent loan and bond financings of various bolt-on acquisitions;
• Mubadala Capital on the unitranche financing of its acquisition of the Witherslack Group, one of the UK’s biggest providers of special needs education schools and children’s care homes;
• True Potential on its senior and super senior loan financing, various incremental facilities and financing aspects of its sale to Cinven;
• A major international bank as arranger of MasMovil’s €1.7bn refinancing;
• Natwest as super senior lender to the Lecta group on its restructuring, refinancing and subsequent recapitalisation;
• CPPIB on the financing and subsequent refinancing of its stake in BGL Group, owner of comparethemarket.com;
• Permira and Warburg Pincus portfolio company Tilney Smith & Williamson on the financing of multiple transactions including its merger with Smith & Williamson, its acquisitions of Ingenious and Towry, and the refinancing of the combined group;
• Warburg Pincus and General Atlantic on the bridge loan and margin loan financing of their stake in Network International on its IPO;
• Warburg Pincus on the financing of its acquisition of Leumi Card;
• Permira on the loan financing of its acquisition of Gruppo La Piadineria;
• Permira Debt Managers and UniCredit on the refinancing of Italian fashion brand, Twinset SpA by way of a privately placed bond and RCF;
• Warburg Pincus on the 1st lien and 2nd lien financing of its acquisition of Accelya, a leading provider of financial and commercial solutions to the airline industry, and combination with Mercator;
• Permira on the financing of its public takeover of Italian listed medical equipment solutions provider TBS Group and its combination with Pantheon (since renamed Althea);
• Permira on the 1st lien and 2nd lien financing of its acquisition of P&I Personal & Informatik AG, a leading provider of software for HR and payroll;
• MTN on various working capital facilities;
• Synthomer on its €440m revolving facilities refinancing;
• Premier Foods’ lenders on its revolving credit facility and high yield notes refinancing;
• CVC and Formula 1 on finance aspects of the sale of Formula 1 to Liberty Media Corporation, the 1st lien/2nd lien refinancing of Formula 1 and previous financing transactions;
• Cinven on the financing of its acquisition of Ufinet, Ufinet’s recapitalisation and the bolt-on acquisition of IFX Networks.