Triton Investment’s $1 Billion Restructuring

Jones Day advised Triton Investment Management Limited in a restructuring of its investment in Galapagos, a German industrial group with customers in 130 countries.

Triton retained control of the group’s equity while roughly halving its $1 billion debt burden, despite significant challenges from the group’s disenfranchised senior noteholders.

The Jones Day team was led by Kay Morley (Picture) and Ben Laekin.

Involved fees earner: Ben Larkin – Jones Day; Kay Morley – Jones Day;

Law Firms: Jones Day;

Clients: Triton Partners;