City firm Hogan Lovells has helped to facilitate a deal to save fashion chain All Saints and secure hundreds of jobs.

The firm has advised Lloyds TSB on its ongoing financing of the company, which was this week bought by private equity investors Lion Capital and Goode Partners.

Post-acquisition, Lloyds will continue to provide working capital facilities to the All Saints Group.

Hogan Lovells banking partner Chris McLaughlin, who led the team assisted by associate Erica King, said: ‘This was a transaction with considerable media attention due to the brand’s significant high street visibility.

‘We were delighted to be able to assist Lloyds in its continued commitment to All Saints.’

The fashion chain employs around 2,000 staff in 62 stores and 45 concessions in the UK, Europe and the USA.

Hogan Lovells has also recently advised on the sale of Bond Aviation Group to Inaer for €300 million, with the deal officially closing on April 28.