Ashurst advised Candover Investments plc, a London listed private equity investment trust, on €52m loan facilities provided by 17Capital LLP. The loan facilities will be used to refinance Candover's existing US private placement notes and to meet its ongoing working capital requirements.

The Ashurst banking team was led by partner Nicholas Moore, assisted by counsel Navdeep Benning. Ashurst corporate partner, Bruce Hanton, advised on the corporate aspects of the transaction.