Clifford Chance advises the lenders to Synthomer plc on their refinancing of over €800 million of revolving and term facilities

13 May 2026

• Tim Lees (He/Him), Jim MacHale, Emma Folds, Ross Howard, Jill Concannon, Iain White, Robert Davey, Rebecca Shepherd, Charlotte Holt, June Ng, Will Martin, Nicole Georgiou, Rachel Lodge, Nourhan Marouf, Trey Oxendine, Sam Goh
• London

Clifford Chance advises the lenders to Synthomer plc on their refinancing of over €800 million of revolving and term facilities

Global law firm Clifford Chance has advised the lenders to Synthomer plc, an LSE listed global producer of high-performance speciality chemical products, in connection with the refinancing of over €800 million of revolving and term facilities.

The transaction was implemented through a wholly owned subsidiary of Synthomer plc, pursuant to which a new €300 million revolving credit facility and new UKEF‑backed debt facilities of €288 million and US$230 million were made available. The refinancing is supported by a comprehensive security and guarantee package and, as a part of the refinancing, certain of Synthomer’s subsidiaries holding the Group’s US operations have become “unrestricted subsidiaries” under Synthomer’s senior unsecured notes.

The cross-practice Clifford Chance team was led by restructuring partner Tim Lees, with debt finance partners Jim MacHale, Emma Folds and Ross Howard, US capital markets partner Jill Concannon and restructuring partner Iain White.  Senior associates include Robert Davey, Rebecca Shepherd, Charlotte Holt, June Ng, Will Martin and associates Nicole Georgiou, Rachel Lodge, Nourhan Marouf, Trey Oxendine and Sam Goh. The wider team included colleagues advising across restructuring, finance, high yield, tax, IP, real estate and pensions.  

Press Contact: Emma Cessford