Hershil Kotak
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Hershil Kotak

Senior Associate

Hershil specialises in leveraged finance and has acted for private credit funds and banks on a variety of complex, primarily sponsor-led, cross-border acquisition and event-driven financings, with a focus on direct lending and recent experience advising on bespoke capital and liquidity solutions.

Hershil spent eight months on secondment to Apollo Global Management’s European private debt team, where he was responsible for negotiating and executing transactions across a range of financing products.

He has also spent nine months working in the firm’s New York office and six months working in the firm’s Amsterdam office.

Expertise

Experience

Representative matters

  • Apollo in connection with the EUR 300m hybrid debt and equity financing supporting the KME Group’s buyback of Cunova from Paragon.
  • The mandated lead arrangers on the financing for Warburg Pincus’ acquisition of NetWork Plus.
  • The financing sources in connection with the financing supporting Ardian’s strategic co-control investment in the Diot-Siaci Group.
  • The revolving credit facility lenders on the USD 5.5bn financing for EQT’s take-private of Fortnox AB.
  • The coordinators and arrangers on the refinancing of Advent and Eurazeo owned Planet's TLB.
  • The lenders on the debt financing for Advent’s acquisition of Zimmermann.
  • The debt financing sources on Asda’s acquisition of EG Group’s UK and Ireland operations for an enterprise value of c. GBP2.27 billion.
  • The bookrunners in connection with the TLB refinancing for TMF Group, a CVC and ADIA portfolio company. 

Qualifications

Languages

English
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.