Ali Holding S.r.l., one of the largest and most diversified global leaders in the foodservice equipment industry, has announced that it has completed its previously announced acquisition of Welbilt, Inc.

A cross-border Latham team represented the lead arrangers in a financing to support the transaction comprising a US$2.25 billion term loan B, a US$1.25 billion Euro-equivalent term Loan A and a US$250 million revolving credit facility, which included a banking/finance team led by New York partner Alfred Xue, London partner Hendrik Smit, Milan partners Marcello Bragliani, and Jeff Lawlis, and New York counsel Seung-Ju Paik, with associates Erika Brini Raimondi, Michela Mancini, Tulika Sinha, Simona Di Marcantonio, Deena Smith, and Ian Luby.

SFNet’s recent Virtual International Lending Conference offered insight on the effects of the COVID-19 crisis from geopolitical risk consultant, David Chmiel, co-founder/managing director, Global Torchlight; Marc Finer, director, Debt Advisory Group, KMPG LLP; Scott Fuller, director, Valuations, Gordon Brothers; Richard Hawkins, CEO, AtlanticRMS and Robert Horak, managing director, Lincoln International.  David Morse, partner, Otterbourg P.C. and Richard Kohn, principal, Goldberg Kohn Ltd. served as conference moderators.