Global law firm White & Case LLP has advised the debt providers on the financing for the acquisition by Biofarma, controlled by Ardian and the Scarpa family, of US Pharma Lab from its founder and chairman Ashok Luhadia, its CEO Amol Luhadia and other members of the Luhadia family.
The transaction was financed through the issuance of €200 million senior secured notes issued in euros and US dollars by Kepler S.p.A., Biofarma's parent company, and Biofarma Delawere LLC, its indirect subsidiary.
The White & Case team that advised on the transaction included partners Iacopo Canino (Milan), James Greene (London), Chad McCormick (Houston), Rajani Gupta and Judah Frogel (both New York), local partner Bianca Caruso (Milan), counsel Willem Van de Wiele (Brussels & Luxembourg), associates Stefano Bellani (Milan), Phil Houten (London), Devon Yamauchi (Houston), Deland Ji (New York) and Sara Ben Othmen (Brussels & Luxembourg), and lawyer Vincenzo Ferrini (Milan).
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