Carey Olsen has advised the ad hoc group of lenders in relation to the £450 million debt and equity restructuring of Survitec Group, a global safety and survival solutions leader.

As part of the transaction, ownership of the Survitec Group was transferred to the group's lenders who were represented by Carey Olsen in Jersey.

 The Carey Olsen team was led by partner Kate Andrews and included partners James Willmott and Alexa Saunders, senior associates Rebecca McQuillan and Mathew Du Val, and associate Stephen Le Cornu.