Slaughter and May is advising Whitbread PLC on its rights issue

Slaughter and May is advising Whitbread PLC on its rights issue to raise gross proceeds of approximately £1 billion, as announced on 21 May 2020.

The purpose of the rights issue is to ensure that Whitbread emerges from the COVID-19 pandemic in the strongest possible position to take advantage of its long-term structural growth opportunities and win market share in both the United Kingdom and Germany.

Slaughter and May is supporting Whitbread’s in-house legal team led by Chris Vaughan, General Counsel and Company Secretary.

Slaughter and May advised Whitbread as a combined team with Cravath, Swaine & Moore LLP, who advised on matters of US law. The rights issue is fully underwritten by J.P. Morgan Cazenove and Morgan Stanley.

Corporate
Simon Nicholls Partner
Harry Hecht Partner
Yvonne Lee Senior Counsel
Di Yu Associate
Julian Ried Associate
Holly Abel Associate
Charlotte Eynon Associate
Serena Hopkins Associate
Edward Rochford Associate

Will Humphries / Trainee solicitor, David Kasal / Trainee solicitor, Sophie Winton / Trainee solicitor, Jamie Edwards / Trainee solicitor, Molly Whelan / Trainee solicitor

Financing
Matthew Tobin Partner
Jennifer Sadek Associate
Pensions
Daniel Schaffer Partner
Christian Davies Associate
Tax
Mike Lane Partner
Charles Osborne Associate
Incentives
Phil Linnard Partner
Ian Brown Senior Counsel