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WHAT YOU’LL DO
PROMINENT WORK
Because we regularly advise our clients on high-profile matters around the world, a traineeship at Herbert Smith Freehills often means seeing your own work covered in the press.
FINANCINGFORVIRGINATLANTIC M&A FOR POLYUS GOLD
We advised long-standing client Virgin Atlantic on a secured bond financing deal that used the airline’s landing and take-off slot portfolio at HeathrowAirport as security for the debt – the first of its kind in Europe. It allowed Virgin Atlantic to raise finance on its own terms, opened up a new financing technique for the industry, and won Herbert Smith Freehills the Finance Teamof the Year honours award at The Lawyer Awards and Legal Business Awards.
We advised the independent directors of Russia’s largest gold producer, Polyus Gold International Limited, on a US$9 billion hostile takeover offer by Sacturino Limited (an affiliate of the company’s largest shareholder). It was the major public M&A deal in the mining sector for that year. The transaction involved our corporate teams in London and Moscow.
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