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Bedell Cristin London acted as Jersey legal advisers to Banc of America Securities and Merrill Lynch International as arrangers in connection with the financing of the acquisition by Kerling plc, a subsidiary of INEOS, of the Tessenderlo Group. The acquisition was funded in part by the issue of €75m Senior Secured Notes by Kerling plc. Shearman & Sterling LLP acted as lead advisers to the banks.

The Bedell Cristin team was led by London banking partner Bruce Scott and included senior lawyer Andreas Elofs. The team advised on all Jersey legal aspects relating to the transaction.