Tom Astle

Thames Water: Acting for Class B creditors with c£1bn of bond and loan exposure in relation to the high profile second restructuring plan proposed by this regulated water business.

Fortenova: Acting for HPS on the refinancing c.€1.2bn refinancing, including court‑paid removal of sanctioned lender VTB and subsequent refinancing into new ownership following the sale process.

Red Funnel: Acting for 6 lender syndicate in relation to this Isle of White ferry business, involving debt restructuring, sale process, and effecting a sale.

Acting for direct lending funds on private debt facilities (£25m–£250m) across portfolio companies, delivering extensions, upsizes, sale‑process solutions, enforcements and debt‑for‑equity swaps.

Thames Water: Acting for super‑senior lenders with c.£3bn swap/hedging exposure on the first restructuring plan, tied to a new‑money bridge, securing key adjustments at the convening hearing.

Virgin Active: Acting for senior secureds on market leading Restructuring Plan which saw a cross class cram down of 4 dissenting classes of landlord, equity injection, and accordion funding.

Sova Capital: Acting for administrators of FCA regulated investment bank, with US$3bn of AUM, in special administration.

Travelex: Advising administrators of Travelex, including design and implementation of prepackaged sale to a new bondholder vehicle to effect and debt/equity swap.

Advising Towerbrook on successful consensual restructuring of a German automotive business including interim financing and partial debt/equity swap.

Thomas Cook plc: advising group of surety providers comprising 8 international institutions with c€400m exposure on prospective recapitalisation of European tour operator.

Agrokor: advising senior noteholder ad hoc committee on DIP financing and restructuring of this Croatian food producer/retailer through new special administration law.

Gaucho Grill: following appointment of administrators, advising lenders on the restructure of the Group's business via a CVA and successful exit to a new joint venture.

Conviviality plc: advising lenders on the sale of the distribution arm of this formerly listed business following its failed rights issue and administration application.

Sepura Plc: advising premium listed corporate on amendment and extension of leveraged finance facilities, subsequent rights issue and approved takeover.

Advising listed UK/US group AEA Technology plc on accelerated M&A process and sale, including compromise arrangements with the PPF, pension trustees, and secured lender.

Advising the senior lender syndicate to Peacocks and Bon Marche, and acting for the administrators on subsequent trading administration and sale of over 900 stores.

Advising administrators on the £3.2bn pre-packaged administration of major music group, EMI.