Jeremy Duffy, Chair of Cahill’s European Leveraged Finance practice and Co-Chair of the firm’s Digital Infrastructure Finance practice, is a recognized expert on cross-border financing arrangements and a leading advisor to global banks, funds, sponsors and corporations on European bank syndicated lending transactions, investment grade transactions, restructurings, general bank lending, bridge facilities and high yield securities.
Clients appreciate that “Jeremy is really on his toes” along with his “exceptional legal expertise”, “commercial acumen” and “solutions-oriented approach.” They benefit from his extensive experience advising on multi-jurisdictional leveraged buyouts and top-tier senior and subordinated finance arrangements as well as real estate finance and data center expertise.
"The exceptional Jeremy Duffy brings a wealth of knowledge to any transaction he works on." - The Legal 500 UK
"Jeremy is able to communicate technically complex advice in commercial language. When Jeremy leads on a deal, he thinks ahead to navigate you through the deal. He foresees the complexities and hurdles and solves them ahead of time. He is an expert in distilling advice into the points that you need to focus on." - Chambers and Partners UK
Experience
Broadly Syndicated Loans:
- Acting for the lenders in connection with the provision of financing to be made available to Kersia International, an entity backed by IK Investment, for the acquisition of Kersia SAS. The acquisition was financed by way of a TLB and RCF. This transaction formed the European test case for ESG provisions under a syndicated LBO.*
- Acting for Encore Capital Group, Inc. on its US$2.8 billion global funding structure. The transaction involved combining Encore's restricted group with that of its subsidiary, Cabot Credit Management, and included an amended multi-currency RCF with an increased total commitment of US$1.05 billion, the issuance of multiple series of senior secured notes plus senior secured floating rate notes along with private placement notes; Shortlisted for Finance Team of the Year, The Lawyer Awards.*
- Acting for the lenders in connection with a £522 million senior secured bridge credit facility provided to KSE, UK, Inc. in connection with its recommended mandatory cash offer made for Arsenal Holdings PLC, the UK listed holding entity for Arsenal Football Club.*
- Representation of the group of lenders in connection with Acorn Holdings BV’s refinancing of its existing debt.*
- Representation of the lenders in connection with the refinancing including a €360 million TLB and an €80 million RCF, for Cidron Gloria, a specialist in acquiring, holding, and managing investments in various companies.*
- Representation of the group of lenders in connection with the TLB repricing and increase conducted by Triton’s portfolio company, Hanab.*
- Representation of the lenders in connection with al debt facility of material quantum provided to Platin Holdings S.à.r.l. (JDE Peet’s) for acquisition purposes. JDE Peet’s is majority owned by JAB Holding Company, an investment holding company with more than US $50 billion of invested capital in consumer-focused industries, including Keurig, Dr Pepper, Krispy Kreme and Pret A Manger.*
- Representation of 22 global banks in connection with Volvo Car’s €1.5 billion sustainability-linked RCF along with a further €500 million sustainability-linked RCF. The sustainability element was central for Volvo under this financing arrangement.*
Private Credit:
- Acting for the lender in connection with the acquisition of OCM Netherlands Dental Clinics Holdings and Adent Cliniques Dentaires Groupe by Nordic Capital.*
- Representation of the lender in connection with acquisition financing provided to Providence Strategic Growth Capital Partners as sponsor for its acquisition of Nalanda Global S.A..*
- Acting for the group of lenders in connection with the acquisition of All4Labels Group GmbH by Triton Partners.*
- Acting for the lender on the establishment of a unitranche financing for the recommended takeover offer for Medica Group plc by IK Partners.*
- Representation of the lender in connection with the financing of an acquisition of McQueen Bidco APS, a leading biotechnology company in Denmark. The financing involved a term loan facility and a delayed draw term loan facility and a revolving credit facility.*
- Representation of the lenders on the refinancing of Sereni, a funeral services platform with more than 220 practices across Belgium, Germany and Poland. Sereni is backed by Netley Capital, Around Partners, and Vermec NV.*
- Representation of the lender in connection with the refinancing provided to Max Matthiesson, one of Sweden’s leading life and non-life insurance brokers. Max Mathiesson is owned by Nordic Capital and Ontario Teachers’ Pension Planr.*
- Acting for the lenders in connection with Novo Holding's acquisition of BBI Group Holdco Limited. The financing involved a unitranche and a super senior RCF.*
Digital Infrastructure Finance:
- Acting for the mandated lead arrangers, global syndicate, active bookrunners and original lenders in relation to a €620 million financing of the Data4 data center business. This deal was the largest data center financing completed in the European market to-date and covers 19 data centers across Europe; Winner of the "European Data Deal of the Year" at the PFI Awards.*
- Acting for the mandated lead arranger and lender plus other lenders in connection with the senior secured and junior secured financings of IPI Partners, LLC acquisition of DigiPlex Norway.*
- Acting for the mandated lead arranger and lender on a senior and junior financing for the acquisition of Norway's Green Mountain AS data center business by Azrieli Group.*
- Representation of the mandated lead arrangers and original lenders on the financing of the acquisition of the Safehost data center business by IPI Partners, LLC.*
- Representation of the group of lenders in connection with the €504 million refinancing of three data centers in Milan operated by STACK.*
- Representation of the lender provided financing of €325 million to STACK Infrastructure EMEA. The financing was secured on three operational Norwegian data centers let to Hyperscaler’s. The purpose of the financing was to refinance existing debt and equity.*
- Representation of the lenders in connection with the green financing for the design, engineering and construction of an 18MW data centre. This is the first phase of STACK Infrastructure’s TKY01 campus located in Inzai City, Chiba Prefecture, Japan. The TKY01 campus will deliver a total of 36MW of capacity, with the first 18MW facility scheduled for completion in 2026 and the remainder expected to follow in 2027.*
- Representation of the arrangers and lenders in connection with a US $900 million development financing of a data centre campus in Dublin, Ireland.*
- Representation of an investment bank in connection with an €800 million facility to finance the development, design and construction of a German data center.*
- Representation of the lenders in relation to the circa €1 billion development financing of two data centers located in Italy.*
- Representation of the lenders on the financing for the acquisition by Apollo Funds of the pan-European, highly interconnected colocation data center business from STACK Infrastructure, a portfolio company of a credit fund.*
Restructurings:
- Acting for Roust Trading Ltd (RTL), an affiliate of Russian Standard Corporation, in connection with RTL's investment in and acquisition of Central European Distribution Corporation; Winner of the "Standout" award in the Financial Times Innovative Lawyers report.*
- Acting for the lender in connection with an English law senior secured term loan facility to refinance the restructured Icelandic Bank ALMC hf. *
- Acting for the co-ordinating committee of senior lenders of the Findus Group in connection with its restructuring.*
- Acting for Arabian Centres Company in connection with their dual currency US$1.9 billion refinancing package. Winner of the "Real Estate Deal of the Year" award with IFN Winner of the "Saudi Arabia Deal of the Year" award with IFN.*
Investment Grade Finance:
- Acting for the group of lenders to JAB Holdings with respect to various term loan and revolving credit facilities provided to JAB Holdings and its investment vehicles and portfolio companies.*
- Acting for the group of lenders to JDE Peet's N.V. in the €6.5 billion refinancing of its existing indebtedness.*
- Acting for the lenders on a syndicated ESG-linked facilities agreement including a term loan facility and multicurrency revolving loan facility made available to PZ Cussons plc.*
*Matters handled prior to joining Cahill.
Awards & Recognition
Leading Lawyer, Leveraged Finance: Big Ticket – 11 years ranked (Chambers UK, 2014-2025)
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"He is very commercial, pragmatic, sensible, he cuts through complexity and he get things done." (Chambers UK 2025)
Leading Lawyer, Banking & Finance – 3 years ranked (Chambers Europe, 2023-2025)
Leading Lawyer, Banking & Finance – 5 years ranked (Chambers Global, 2021-2025)
Leading Individual, Acquisition Finance (The Legal 500, UK, 2018 - 2025)
Recognized Individual, Bank lending: investment grade debt and syndicated loans (The Legal 500 UK)
Highly Regarded (IFLR1000, UK, 2019 - 2025)
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"Jeremy is a fantastic example of a solutions-oriented, client-centric counsel. His strengths are, first and foremost, his commercial acumen and skills as a finance lawyer." (Chambers UK, 2022)
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"Jeremy Duffy is super responsive, commercial, available 24/7, extremely skilled and very good at finding solutions and working through problems." (Chambers UK, 2022)
Speaking Engagements
Speaker at Euromoney Scandinavian High Yield Bond conference
Speaker at Euromoney Leveraged Finance European conference
Speaker at Debtwire Commercial Lending conference
Publications
Co-author of "Fund finance and sustainability: new guidance on the application of the SLLPs", Journal of International Banking and Financial Law
Co-author of "LIBOR no more", Financier Worldwide
Co-author of "Libor: UK is EU's guinea pig in transition to risk-free rates", Practice Insight
"Ten years on: The surprising resilience of European leveraged finance" European Leveraged Finance Report
"European covenant lite: an identical twin or a younger sibling?" International Financial Law Review
Co-author of "Intercreditor hot spots and what to watch" Financier Worldwide
Co-author of "How super is your senior," International Financial Law Review
Co-author of "A New Lease of Life," The Treasurer
