Gilles Teerlinck

Gilles advises issuer and underwriter clients, as well as hybrid capital investors on international capital markets and cross-border finance transactions, with a particular focus on high-yield bond financings and acquisition financings. Gilles also advises on liability management transactions and strategic capital solutions, restructurings, initial public offerings and U.S. securities law matters. Based in London and fluent in English, French and Dutch, Gilles has a deep understanding of the European leveraged finance market.

Gilles has advised on numerous landmark and innovative transactions which have been recognised by leading publications over the last decade. Recently, he was a member of the team which won IFLR Europe Awards’ Impact Deal Award in 2025, Global Restructuring Review’s Sovereign Debt Restructuring of the Year in 2024, the FT Innovative Lawyers Europe Awards’ Innovative Lawyers award in 2024 and TopLegal Awards’ Italian Desk of the Year in 2024.

Consistently recognised as a premier high yield lawyer, Gilles clients describe him as being "very commercial in addition to having strong technical knowledge. He combines deal experience with strong technical skills and good commercial acumen." Gilles is also ranked as a "leading individual" in Legal 500 UK 2025 for high yield, where he is commended for offering "very commercial advice – he has a real grasp of the background and goes the extra mile in producing practical solutions, which is enhanced by his excellent knowledge of the market".

Experience*:

• Advised the finance parties in connection with Mehiläinen’s (majority owned by CVC and Hellman & Friedman) offering of €350 million aggregate principal amount of senior secured floating rate notes due 2032 with a coupon of three-month EURIBOR (subject to a zero floor), plus 3.375% and €740 million aggregate principal amount of its 5.125% senior secured fixed rate notes due 2032, repricing of its existing €1.86 billion term facilities and upsizing of its existing revolving credit facility by €150 million.
• Advised the initial purchasers on Essendi’s (AccorInvest Group S.A.) full refinancing, comprising an offering of three tranches of new senior secured notes alongside a €550 million senior term loan and €400 million revolving credit facility under a new senior facilities agreement
• Advised the initial purchasers in connection with the offering by Fnac Darty of €300 million 4.750% senior notes due 2032
• Advised the initial purchasers in connection with the offering by Séché Environnement of €400 million 4.500% senior notes due 2030
• Advised an ad hoc group of noteholders in connection with a consensual restructuring process to amend and restate the €300 million 3.375% senior secured notes due 2025 issued by Norwegian cruise ship operator Hurtigruten
• Advised the initial purchaser in connection with the offering by Loxam of €500 million 4.250% senior secured notes due 2030
• Advised the initial purchasers in connection with the offering by Elior of €500 million senior secured notes due 2030 and the concurrent cash tender offer to holders of its existing senior notes due 2026
• Advised the initial purchasers in connection with the offering by Domestic & General, a CVC portfolio company, of £350 million senior secured notes due 2029 and new senior credit facilities
• Advised the lead arrangers and lenders in connection with a €215 million committedfinancing to finance ICG’s acquisition of Picard Groupe from Lion Capital
• Advised the initial purchasers in connection with the offering by AccorInvest offering of €650 million 5.500% senior secured notes due 2031
• Advised certain noteholders in connection with the offering by Frigoglass of €20 million privately placed 4% cash interest and 11.5% PIK interest senior secured notes due 2026
• Advised the initial purchasers in connection with the offering by AccorInvest (Essendi) of €750 million 6.375% senior secured notes due 2029
• Advised an ad hoc creditors’ committee of Zambia’s Eurobond holders in relation to Zambia’s sovereign restructuring
• Advised an ad hoc creditors’ committee of Ukraine’s Eurobond holders in relation to Ukraine’s sovereign restructuring
• Advised Paprec in connection with the privately placed offering of €200 million additional senior secured notes due 2029
• Advised the initial purchasers in connection with the offering by Bertrand Franchise of €850 million floating rate senior secured notes due 2030 and €300 million 6.50% senior secured notes due 2030
• Advised the initial purchasers in connection with the offering by Eutelsat of €600 million 9.750% senior notes due 2029 and a concurrent cash tender offer to holders of its existing 2.000% senior notes due 2025
• Advised Casino Guichard Perrachon in connection with its financial restructuring and acquisition by a consortium of investors composed of EP Equity Investment (controlled by Daniel Křetínský), Fimalac and Attestor
• Advised an ad hoc group of noteholders in connection with the exchange offer by Atalian of its €625 million 4.000% senior unsecured notes due 2024, €350 million 5.125% senior unsecured notes due 2025 and £225 million 6.625% senior unsecured notes due 2025
• Advised the initial purchasers in connection with the offering by IMA of €450 million additional senior secured floating rate notes due 2029
• Advised the initial purchasers in connection with the offering by IMA of €450 million senior secured floating rate notes due 2029
• Advised the initial purchasers in connection with the offering by Fnac Darty of €550 million 6.000% senior notes due 2029 and a concurrent cash tender offer to holders of the existing 1.875% senior notes due 2024 and 2.625% senior notes due 2026
• Advised Schoeller, a Brookfield portfolio company, on its recapitalization and refinancing of its €250 million senior secured notes due November 2024
• Advised a steering committee of convertible noteholders of Cazoo in connection with a series of restructuring transactions, including an exchange offer of $630 million of its 2.00% convertible senior notes due 2027 for $200 million of 4.00%/2.00% cash/payment-in-kind toggle senior secured notes due 2027 and class A ordinary shares
• Advised Ceva Santé Animale on a €2.3 billion equivalent dual-tranche TLB
• Advised Paprec in connection with its offering of €300 million senior secured notes due 2027 and €300 million senior secured notes due 2029
• Advised an ad hoc group of noteholders of Ideal Standard’s €325 million 6.375% senior secured notes due 2026 in relation to its exchange offer, consent solicitation and scheme solicitation
• Advised an ad hoc group of bondholders on the tender offer by Worldwide Flight Services (WFS) in connection with its €340 million 6.375% senior secured notes due 2027 and $400m 7.875% senior secured notes 2027
• Advised Biofarma, an Ardian portfolio company, on the private placement of $220 million (equivalent) senior secured notes for the acquisition of U.S. Pharma Lab
• Advised the placement agent on a privately placed tap offering by Burger King France of €45 million senior secured floating rate notes due 2026
• Advised the initial purchasers in connection with the partial refinancing by iQera of its existing senior secured notes through the offering of new senior secured floating rate notes due 2027, as well as a concurrent exchange offer, cash tender offer and the entry into a new €50 million super senior revolving credit facility
• Advised the initial purchasers in connection with the offering by F.I.S. of €350 million sustainability-linked 5.625% senior secured notes due 2027
• Advised the arrangers on the €830 million debt financing for the acquisition by SK Capital of a majority shareholding in Seqens
• Advised the initial purchasers in connection with the offering by an affiliate of IK Partners of €350 million senior secured floating rate notes due 2027 for the acquisition of Renta 
• Advised Energean in connection with the offering of US$450 million senior secured notes and the entry into a US$150 million letter of credit facility
• Advised the initial purchasers in connection with the offering by Burger King France, a portfolio company of Bridgepoint, of €620 million senior secured notes due 2026 and €235 million PIK notes due 2027
• Advised Faurecia on its inaugural €1.2 billion 2.750% sustainability-linked senior notes due 2027 as part of the financing of its acquisition of Hella
• Advised Séché Environnement on its offering of €300 million 2.250% sustainability-linked senior notes due 2028
• Advised the arrangers on the financing for Advent International’s $8.1 billion take private offer for Swedish Orphan Biovitrum AB (Sobi) (aborted)
• Advised doValue in connection with its offering of €300 million 3.375% senior secured notes
• Advised the initial purchasers on the offering of €490 million senior notes due 2027 by InPost, a portfolio company of Advent, in connection with its acquisition of Mondial Relay
• Advised the initial purchasers in connection with the offering of €650 million senior secured floating rate notes due 2028 by Cedacri 
• Advised the initial purchasers in connection with the offering of $350 million 5.000% senior secured notes due 2028 by ION Analytics
• Advised the initial purchasers in connection with the offering of $450 million 5.750% senior secured notes due 2028 by ION Markets
• Advised the initial purchasers in connection with the offering of $350 million 4.625% senior secured notes due 2028 by ION Corporates
• Advised Energean Israel on its US$2.5 billion offering of senior secured notes
• Advised the initial purchasers on the green high yield bond offering by Faurecia of €400 million 2.375% senior notes due 2029
• Advised the Scenic Group on its offering of senior secured notes due 2024
• Advised the majority of the holders of the RCF, including financial institutions and investment funds, on Europcar’s financial restructuring and subsequent accelerated financial safeguard
• Advised an ad hoc group of bondholders and lenders under the RCF, led by Apollo, SVP, Bybrook and M&G, on Vallourec’s financial restructuring
• Advised the investors on a private placement by Faurecia of €190 million 2.375% senior notes due 2027
• Advised Swissport on its restructuring and recapitalisation.
• Advised an affiliate of BC Partners on the offering of €450 million senior secured floating rate notes due 2028 and €830 million senior secured fixed rate notes due 2028 in connection with the financing of the acquisition of IMA
• Advised the bondholders on the financial restructuring of Solocal, a portfolio company of KKR 
• Advised the RCF lenders on the debt and equity recapitalisation through a UK scheme of arrangement of Selecta 
• Advised the initial purchasers in connection with the offering of €200 million 6.50% senior secured notes due 2024 by iQera, a portfolio company of BC Partners
• Advised doValue on its offering of €265 million 5.00% senior secured notes in connection with the prepayment of the bridge facility, which was entered into for doValue's acquisition of 80 percent of the share capital of the Greek loan servicing company Eurobank FPS Loans and Credits Claim Management Company S.A.
• Advised the initial purchasers on the offering of €300 million 2.625% senior notes due 2025 and €700 million 3.750% notes due 2028 by Faurecia
• Advised Rubis Terminal on its offering of €410 million 5.625% senior secured notes due 2025 in connection with the repayment of a €410 million bridge facility, which was entered into for the acquisition of a 45% stake in Rubis Terminal by I Squared Capital
• Advised the ad hoc group of senior secured noteholders in the chapter 11 restructuring of Global Cloud Xchange (GCX). The prepackaged chapter 11 plan of reorganization restructured approximately $350 million in funded debt and resulted in the senior secured noteholders becoming the new owners of GCX going forward
• Advised the initial purchasers in connection with the offering by OCI of S$600 million 5.250% senior secured notes due 2024 and €700 million 3.125% senior secured notes due 2024
• Advised the notes purchasers in connection with the private placement by MCS Groupe of senior secured floating rate notes due 2024
• Advised the notes purchasers in connection with the private placement of 6.375% senior secured notes due 2025 by Pure Gym 
• Advised the initial purchasers in connection with the offering of €500 million 3.125% senior notes due 2026 by Faurecia
• Advised Partners Group on the financing aspects of their acquisition of Techem, including the offering of €465 million 6% senior notes due 2026
• Advised an ad hoc group of bondholders of the US$300 million senior secured notes issued by Reliance Communication in connection with its financial restructuring
• Advised the initial purchasers in connection with the offering by Picard of €60 million floating rate senior secured notes due 2023
• Advised Partners Group and PSP Investments on the financing aspects of Cerba’s acquisition of French clinical pathology lab operator Bio7, including the offering of €60 million 5.375% senior notes due 2025
• Advised the initial purchasers in connection with the offering by Picard of €1.19 billion floating rate senior secured notes due 2023 and €310 million 5.5% senior notes due 2024
• Advised EQT in connection with the initial public offering and the NASDAQ Helsinki listing of Terveystalo 
• Advised Maxeda in connection with its offering of €475 million 6.125% senior secured notes due 2022
• Advised Banijay in connection with its offering of €365 million senior secured notes due 2022
• Advised Bain Capital on its acquisition of leading Italian tyre wholesaler Fintyre
• Advised an ad hoc group of holders of convertible bonds issued by Paladin Energy (a listed Australian mining company) in connection with an exchange offer and debt-to-equity swap
• Advised an ad hoc committee of holders of the US$300 million notes due 2016 and US$700 million notes due 2017 issued by subsidiaries of Bumi (a listed Indonesian coal mining company) in connection with a restructuring through Indonesian suspension of payments proceedings
• Advised Partners Group and PSP Investments on the financing aspects of their acquisition of French clinical pathology lab operator Cerba , including the offering of €180 million 5.375% senior notes due 2025.
• Advised Algeco/Scotsman and certain of its subsidiaries in connection with the exchange offer and consent solicitation of a PIK loan of Algeco/Scotsman, and the subsequent restructuring thereof through an English scheme of arrangement
• Advised Algeco/Scotsman in connection with several private placements of senior secured notes
• Advised the purchasers on the offering by N&W Global Vending of €100 million second lien notes due 2023, to finance Lone Star Funds’ acquisition of N&W Global Vending
• Advised Kerneos, an Astorg portfolio company, in connection with its aborted refinancing and sale of Kerneos to Imerys
• Advised Oaktree Capital Management on the sale of SGD to China Jianyln Investment (JIC)
• Advised the initial purchasers in connection with the offering by Faurecia of €700 million 3.625% senior notes due 2023
• Advised I Squared Capital in connection with its acquisition of Viridian
• Advised Labeyrie on the offering of €80 million 5.625% senior secured notes due 2021
• Advised Advent International, Bain Capital and Clessidra in connection with the offering of €1.1 billion of high yield PIK notes to finance the acquisition of ICBPI, an Italian payments banking group
• Advised Bain Capital in connection with the redemption of the floating rate senior notes due 2020 in connection with the IPO of Worldpay 
• Advised Bain Capital in connection with the initial public offering of Bravida and the related senior secured notes and floating rate senior notes redemption
• Advised Altor and Bain Capital on the sale of Norwegian fish-feed supplier EWOS to Cargill Inc
• Advised Astorg on the offering of €25 million senior secured floating rate notes due 2021 by Kerneos 
• Advised Cinven in the offering of €500 million 6.25% senior secured notes due 2022 and €300 million floating rate senior secured notes due 2022 in connection with the proposed acquisition of Labco 
• Advised the initial purchasers in connection with the offering by Faurecia of €500 million 3.125% senior notes due 2022
• Advised the initial purchasers in the offering by Picard of €342 million floating rate senior secured notes due 2019 and €428 million 7.750% senior notes due 2020
• Advised Albéa in connection with its offering of €45 million 8.75% Senior Secured Notes due 2019
• Advised Bravida, a Bain Capital portfolio company, on the offering of SEK 920,160,000 floating rate senior notes due 2020
• Advised Albéa in connection with its $175 million initial public offering (aborted)
• Advised Atento, a Bain Capital portfolio company, in relation to the offering of senior PIK notes due 2020 and the subsequent partial redemption thereof in connection with the initial public offering of Atento
• Advised SGD, an Oaktree Capital portfolio company, in connection with the offering by SGD of €350 million 5.625% senior secured notes due 2019
• Advised Autodistribution, a TowerBrook portfolio company, in connection with the offering by Autodis of €240 million senior secured notes due 2019
• Advised Bain Capital and Altor in connection with the offering of NOK 1,040 million floating rate senior notes due 2021, €225 million 6.750% senior secured notes due 2020 and NOK 1,810 million senior secured floating rate notes due 2020 for the acquisition of EWOS 
• Advised the initial purchasers in the offering by Picard of €480 million floating rate senior secured notes due 2019
• Advised Bain Capital in connection with the offering of €325 million 9% senior secured notes due 2020 for the acquisition of Maisons du Monde 
• Advised Elis, a Eurazeo portfolio company, in connection with its offering of €450 million senior secured notes due 2018 and the concurrent private placement of €380 million senior subordinated notes due 2018 and €173 million PIK notes due 2018
• Advised CVC in connection with the offering of €350 million senior secured notes due 2020 and €525 million senior subordinated notes due 2021 for the acquisition of ista 
• Advised IDH, a Carlyle portfolio company, in connection with its offering of £200 million senior secured fixed rate notes due 2018, £125 million senior secured floating rate notes due 2018 and £75 million second lien notes due 2019
• Advised Avis Budget in connection with its offering of €250 million senior notes due 2021 for the acquisition of Zipcar
• Advised Labco in connection with its offering of €100 million 8.5% senior secured notes due 2018
• Advised Edcon, a Bain Capital portfolio company, in connection with its offering of €300 million 9.5% senior secured notes due 2018 and concurrent tender offer for its senior secured notes due 2014

*includes matters worked on prior to joining Weil