Laura Bonamis is a partner in the London office of Milbank and a member of the European Leveraged Finance/Capital Markets Group.
London
Primary Focus & Experience
Laura has experience advising both lenders and borrowers on a wide range of complex domestic and cross-border leveraged acquisition financings, public-to-private buyout financings and refinancings and restructurings, across the full spectrum of products (including bank/bond, syndicated TLBs, unitranche/SSRCF and holdco PIK).
She has advised on some of the most significant transactions recently seen in the market, including:
- Advising Zegona Communications plc in connection with refinancing of Vodafone Spain
- Advising the financing sources in connection with L. Catterton’s €1.4 billion acquisition of KIKO. Milbank represented the initial purchasers in connection with the offering by Duomo BidCo S.p.A. of €500 million Senior Secured Floating Rate Notes due 2031 and an €85 million revolving credit facility.
- Advising the financing sources to provide a debt financing package in support of KPS Capital Partners’ acquisition of Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion.
- Advising the initial purchasers in connection with the offering by Fiber Bidco S.p.A. of €430 million senior secured notes due 2031 and Fiber Midco S.p.A.’s first-of-its-kind issuance of €300 million senior holdco pay-if-you-can-toggle notes due 2029.
- Advising a group of senior lenders to the Keter Group on the successful transfer of ownership of 100% of the group to its senior lenders, and the subsequent recapitalisation of the group.
- Advising the initial purchasers and lenders in connection with the offering by EVOCA S.p.A. of €550 million in aggregate principal amount of senior secured floating rate notes due 2029 and the maturity extension of its existing revolving credit facility.
- Advising an ad hoc group of senior lenders and noteholders to Tele Columbus AG in a transaction that included a €300 million equity injection from Tele Columbus’s majority shareholder, Morgan Stanley Infrastructure Partners, and the extension of €1.1BN of senior secured debt reaching an agreement with Tele Columbus.
- Advising in connection with Ardonagh’s $2 billion high yield bond offering.
- Advising the arrangers in connection with Cognita School’s repricing of its €1.16 billion term loan B, and the raising of new, incremental term facility commitments of €100 million.
- Advising the arrangers in connection with Parts Europe's implementation of a new €960 million term loan B facility and a €240 million revolving facility.
- Advising the initial purchasers in connection with Fedrigoni’s €665 million high yield bond offering.
- Advising a group of 10 private credit funds on the £1.25 billion financing for EQT’s £4.6 billion cash offer to acquire Dechra Pharma plc.
- Advising a group of senior lenders to the Keter Group on the successful completion of a transaction that includes maturity extensions of the Group’s senior and holdco PIK facilities and the provision of €50 million liquidity by certain senior lenders in the form of a super senior facility.
- Advising EIG on a €300 million credit facility to Nordic Solar with the proceeds to be used for the construction of certain solar parks in Europe and for the acquisition of new project rights to grow its pipeline.
- Advising the financing sources to provide a debt financing package in support of Bain Capital’s joint ownership agreement for Fedrigoni with BC Partners. Winner of ‘Deal of the Year’ at IFLR Awards 2023.
- Advising the financing sources on Bain Capital’s multibillion acquisition of House of HR, a European recruitment specialist.
- Advising the financing sources on the £1.3 billion acquisition of Biffa plc, a leading UK-based listed integrated waste management company, by Energy Capital Partners (ECP) and its affiliates.
- Advising the financing sources on Brookfield Infrastructure £4 billion acquisition of Homeserve plc, a British multinational home emergency repairs and improvements business.
- Advising the underwriting banks in relation to the financing for Brookfield’s acquisition of Modulaire Group for approximately $5 billion, making it one of the largest European leveraged buyouts of 2021.
- Advising the financing sources in relation to the financing for Bain’s acquisition of Inetum S.A., a French IT services company.
- Acting for the lenders in relation to the financing of the acquisition by Francisco Partners of CDK International.
- Acting for the arrangers and underwriters in relation to the financing for Lone Star’s acquisition of XSYS, a carve-out of Flint Group.
- Acting for the mandated lead arrangers in relation to the EUR775 million financing of the acquisition by TA Associates and Partners Group of Unit4, a global leader in enterprise cloud software.
- Advising the mandated lead arrangers on the underwritten financing package supporting the bid by a consortium, including Bain Capital, for Ahlstrom-Munksjö Oyj, a global company that provides sustainable and innovative fiber solutions, in a deal valuing the Finnish firm at approximately €2.1 billion.
- Advising a group of financial institutions in connection with Advent International’s acquisition of Transaction Services Group (a payment processing and business management software group).
- Advising the mandated lead arrangers on the financing for PAI's bid of approximately €1.5 billion for Elior’s Areas.
- Advising a group of major financial institutions on the financing of Triton and ADIA’s acquisition of IFCO Systems, a specialist in packaging solutions for fresh foods headquartered in Germany.
- Advising initial purchasers and lenders on the financing of The Carlyle Group and Investindustrial’s acquisitions of Flos, B&B and Louis Poulsen.
Recognition & Accomplishments
Recognised by Legal 500 as a Rising Star in Acquisition Finance.
In 2019-2020, she completed a 9-month secondment to Goldman Sachs’ Leveraged Finance Capital Markets team in London.
In addition, in 2016, Laura completed a 6 month secondment to Credit Suisse’s Leverage Finance and Sponsors Group in London.
Education
- Université Libre de Bruxelles
Admissions
- England and Wales