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30 Mar 2026

A&O Shearman Advises Global Coordinators and Lenders on LRQA’s EUR500m Term Loan B and Revolving Credit Facility

"A&O Shearman advised the global coordinators and finance parties on LRQA’s successful pricing of a EUR500 million Term Loan B and a senior secured revolving credit facility. The debut TLB was significantly oversubscribed despite geopolitical volatility, signalling strong market confidence in LRQA’s cash‑generative global risk‑management business (serving ~33,000 clients across 150+ countries). Proceeds will support strategic growth, bolt‑on acquisitions and continued investment in technology, data and innovation. The deal team was led by partner Shameer Shah with counsel Alex Charles."

A&O Shearman acted for the global coordinators and the finance parties on LRQA’s financing. The firm advised on LRQA’s successfully priced EUR500 million term loan B facility alongside a senior secured revolving credit facility; the debut borrower transaction was significantly oversubscribed despite geopolitical volatility, and the proceeds will support LRQA’s next phase of growth, including bolt‑on acquisitions and investment in technology and data-driven capabilities. LRQA, owned by funds managed by Goldman Sachs Alternatives since December 2021, is a global risk management business serving over 33,000 clients across more than 150 countries. Deal team: Shameer Shah — Partner, Debt Finance (London); Alex Charles — Counsel, Debt Finance (London); Swati Lal — Associate, Debt Finance; Nishant Prasad — Associate, Debt Finance; Agapi Gavriilidi — Trainee, Debt Finance.
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