Man Hay Yip
Biography
Overview
Man Hay is an associate in the Firm's Debt Finance group in London. Her experience includes advising financial institutions, private equity houses and corporate borrowers in relation to a wide range of banking and finance transactions, including cross-border acquisition finance and general bank lending.
Man Hay has also spent time on secondment at Goldman Sachs in their leveraged finance team and at CVC Credit Partners.
Experience
Mehiläinen Oy Incremental, 2022
Representation of Mehiläinen Oy, a Finnish health services provider, and its majority-owner CVC Capital Partners on the issuance of an incremental revolving facility worth €25 million and an incremental term facility worth approximately €150 million, for acquisitions and general working purposes.
Acacium Refinancing, 2021
Representation of Bank of America and HSBC on the best efforts syndicated refinancing of Onex portfolio company, Acacium.
Waterlogic Refinancing, 2021
Representation of Waterlogic Group, a leading provider of point-of-use water purification dispensers and Castik Capital portfolio company, on its US$925 million (equivalent) TLB refinancing.
Lone Star Funds' acquisition of BASF's Construction Chemicals business, 2020
Representation of Blackstone Credit on the financing aspects of Lone Star Funds' €3.17 billion acquisition of BASF's Construction Chemicals business
Swissport, 2020
Representation of Swissport, the world's leading provider of airport ground services and air cargo handling, on its comprehensive restructuring and recapitalization. The financing was comprised of amendments to existing credit documents to facilitiate a restructuring, a super senior facilities agreement to provide a €300 million interim facility, and a €500 million term loan facility incurred in connection with the completion of the restructuring. The restructuring provided Swissport with a delevered and strengthened balance sheet by addressing approximately €1.9 billion of existing debt, and left the business with improved liquidity with which to withstand the ongoing challenges posed by the coronavirus pandemic.
Castik Capital acquisition of CSG, 2020
Representation of Castik Capital on the debt financing for its agreed acquisition of a majority stake in Customs Support Group, a leading customs services provider in Europe.
Inflexion Private Equity acquisition of Estera, 2020
Representation of Inflexion Private Equity on the acquisition of Estera, a leading global provider of funds, corporate and trust services, from international private equity firm, Bridgepoint.
EQT's acquisition of Maltese telecom operator Melita Limited, 2019
Representation of the arrangers including Credit Suisse and HSBC in relation to EQT's acquisition of leading Maltese telecom operator Melita Limited.
Leonard Green's acquisition of CPA, 2017
Advised the arrangers including Jefferies and Nomura on Leonard Greens' US$1.3 billion term loan B acquisition financing for the acquisition of CPA Global.
Iris Capital
Representation of HgCapital and its portfolio company Iris Capital, an accountancy software provider, on its £430 million refinancing and recapitalisation involving, senior, second lien and PIK facilities.
Kaupthing restructuring
Representation of Kaupthing, the failed Icelandic bank, on its restructuring, following its US$45 billion insolvency. Kaupthing's insolvency was the biggest and most high profile casualty of the Icelandic banking crisis and, globally, was the fifth largest corporate bankruptcy of all time. The successful restructuring was named "Cross Border Restructuring of the Year" at the Turnaround Atlas Awards and "Restructuring deal of the year" at the IFLR European Awards 2016, and helped the White & Case team to be named by IFLR as 2016 "Restructuring Team of the Year".
