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Field Fisher Waterhouse advises on AIM fundraising and Debt Restructuring



United Kingdom

Fieldfisher advises on AIM fundraising and Debt Restructuring

Field Fisher Waterhouse LLP has acted for The Kellan Group PLC, on a secondary fundraising involving a placing of new ordinary shares to raise £1.4 million.  The fundraising also involved a conversion of existing loan notes, a restructuring of the company's existing debt facility and provision of a new £1.26 million private debt facility, which will be used principally to pay down the company's indebtedness with its existing bankers.

The Kellan Group plc is a leading recruitment business operating across a range of functional disciplines and industry sectors.

The Fieldfisher team was led by partner, Dominic Gurney-Champion and was assisted by senior associate Nicholas Heap, partner Oliver Abel-Smith and solicitor Anthony Warner.

Fieldfisher is recognised as a leading AIM adviser.




For further information, please contact:

Louise Eckersley, PR Manager, Field Fisher Waterhouse LLP on 020 7861 4120

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