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Walkers advises Ares on $3.3 billion private credit loan to Ardonagh Group

Mar 13, 2024

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Walkers' Jersey Banking & Finance team has advised Ares Management Corporation (Ares) as administrative agent and lead arranger in relation to a $3.3 billion private credit loan to UK insurance broker The Ardonagh Group.

Ares is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

The Walkers team, working with lead counsel Proskauer Rose LLP, was led by Walkers (CI) LP partner Julia Keppe, and included senior counsel Elaine Kelly and senior associate Lucy Le Cornu, who advised on the Jersey law elements of the of private credit loan.

Julia said: "We are delighted to have advised Ares on this significant and exciting transaction in the private credit space, working closely with our instructing counsel at Proskauer."

FinanceJersey

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Jenny Kokolas

Jenny Kokolas

Communications Manager - Global

T/+44 20 7220 4999
M/+44 (0)7301 272 247
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Julia Keppe
Julia Keppe

Julia Keppe

Partner, Walkers (CI) LP

Jersey

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+44 (0) 1534 700 728

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07797 797321

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Email Julia Keppe
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Elaine Kelly
Elaine Kelly

Elaine Kelly

Senior Counsel

Jersey

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+44 (0) 1534 700 721

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+44 (0) 7797 850 572

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Email Elaine Kelly
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Lucy Le Cornu
Lucy Le Cornu

Lucy Le Cornu

Senior Associate

Jersey

T

+44 1534 700 766

M

+44 7797 951 146

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Email Lucy Le Cornu
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