Eversheds Sutherland steers Pepco Group through €770M multi-jurisdictional financing

The syndication was oversubscribed, enabling Pepco to upsize the facilities from the originally proposed €750 million. Eversheds Sutherland also provided derivatives support in relation to the financing arrangements.

Eversheds Sutherland deployed a team spanning the UK, Poland, Netherlands, Romania, Hungary and Czechia. The team was led by Partner Christopher Williams (Banking) and Partner Kashif Siddiqui (Corporate), with support from Partner Mohsin Abbasi (Banking), Legal Director Jamie Dunlop, Principal Associate Ed Bartlett, and Associate Charlotte McBride.

Christopher Williams, Partner, Eversheds Sutherland, said:

“We’re thrilled to have supported Pepco. This deal illustrates our ability to seamlessly advise clients on high value, complex, multi-jurisdictional financings. We are proud to have played a role in helping Pepco strengthen its capital structure and enhance its financial flexibility.”

Kashif Siddiqui, Client Partner to Pepco, Eversheds Sutherland, said:

“We are proud to have supported Pepco on this significant refinancing, which required seamless cross-border collaboration across our banking, debt capital markets and derivatives practices. The transaction reflects both Pepco’s strong market position and confidence in its long-term strategy. We are pleased to have worked closely with the Pepco team on this key phase of their ongoing growth.”

A spokesperson for Pepco, said:

“We are grateful to the Eversheds Sutherland team for their impeccable advice, guidance and support throughout this highly complex process. Their deep understanding of the market and our business, coupled with a collaborative approach were evident throughout, further reinforcing our trust in their ability to deliver this successful outcome.”

The deal highlights Eversheds Sutherland’s notable corporate finance capabilities, following a year in which the firm was also ranked among the top 10 global legal advisors for M&A by deal volume, according to the London Stock Exchange Group’s Global M&A Review first half of 2025.

Since the beginning of this year, the firm has significantly boosted its bench strength across a number of its key practice groups with a swathe of new senior appointments. To date, the firm has welcomed 17 new lateral partner hires across its Continental European offices and 26 lateral partner hires firmwide.