Natalie Raine

Select experience:

• Advised Arrival on navigating their distressed situation, including putting in place unique and innovative secured bridge financing and concurrent convertible bond exchange, a first in the European market, and subsequent strategic sale transaction
• Advised Lebara, a European telecom business, on the refinancing of the group’s capital structure
• Advised Bain Capital Credit in connection with a $275 million holdco financing and related investment to support Mohegan Gaming & Entertainment’s $1.55 billion Phase 1 development of the INSPIRE Entertainment Resort in South Korea
• Advised an ad hoc group of bondholders to Convene Group in relation to its restructuring by means of a debt to equity transaction and subsequent recapitalisation
• Represented Output Services Group, Inc. in connection with its prepackaged Chapter 11 cases. Output Services Group is a leading provider of integrated customer communications and engagement services. The company’s plan of reorganization successfully restructured approximately $825 million of funded indebtedness through a consensual deleveraging of approximately $134 million and new money capital infusion of approximately $70 million. In 2023, The M&A Advisor recognized the successful restructuring of Output Services Group as “Information Technology Deal of the Year” as part of its 17th Annual Turnaround Awards
• Advised Vewd Software in connection with its Chapter 11 proceedings in connection with its plan of reorganization, where pre-petition secured lenders exchanged their existing debt for equity in the reorganized business and provided new capital
• Advised Triton in relation to the €28.7 million refinancing of Cata Electrodomesticos
• Advised a leading Asian investment fund on a receivership appointment over an upstream oil and gas company
• Advised the debtors in connection with a prepackaged plan of reorganisation under Chapter 11, including advising in relation to the application of an English court judgement regarding a shareholder dispute
• Advised a US pharmaceuticals company in connection with an amendment to its credit agreement
• Advised Flint Group in the extension of its credit facilities, which was implemented using a series of parallel schemes of arrangement in England*
• Advised the lender syndicate in relation to the refinancing of a €750 million revolving credit facility to Hemisphere International Properties B.V., the property owning arm of the Steinhoff Group*
• Advised a global satellite network company on the restructuring of its debt through an exchange offer and English law scheme of arrangement*
• Advised the senior lenders on the financial restructuring of Ambatovy, Africa's largest nickel extraction facility*

*Experience prior to joining Ropes & Gray