Ashurst LLP advised Citigroup and Goldman Sachs as bookrunners and mandated lead arrangers and Lloyds Bank as lender on the £210 million refinancing of the Fat Face Group, the leading UK lifestyle clothing brand majority-owned by private equity group Bridgepoint.

The Ashurst team was led by banking partners Helen Burton and Tim Rennie assisted by senior associate Ewen Scott and solicitor Simin Kiani-Lirharani. Partner Alex Cox and senior associate Caroline Page advised on tax aspects.

Tim Rennie, banking partner at Ashurst LLP commented:

"We are delighted to have acted for the Mandated Lead Arrangers and Lenders on another Bridgepoint transaction this year. Having acted for the lenders on the refinancings of Pret a Manger, LGC and Infront we have further cemented the strong relationship we have of working with Bridgepoint and their lender groups".

Travers Smith acted for Fat Face and Bridgepoint.