We set out below some example of the work the Banking team has
undertaken in the past year. We take client confidentiality very
seriously, so you will not find clients named in these pages, but
we are delighted to provide references on request.
banking deals and transactions
- £15.6 million loan facility for a company
running a hotel. The transaction involved a complex international
structure. A borrowing investment company incorporated in Panama
owns the property and leases it to an English operating
company
- £6 million loan facility for the development
of a care home in Winchester
- £19.5 million loan facilities for a cycle
retailer. The loan facilities comprised a £10 million term loan
facility, a £5 million term loan facility and a £4.5 million
revolving loan facility
- £50 million loan facility for a Scottish
investment trust company listed on the stock exchange
- £6 million secondary buyout of a magazine
publisher structured as a takeover offer for tax reasons
- £4.4 million loan facility for a pottery
company to acquire a property
- £4.1 million loan facilities for companies
running care homes in Dorset and London, including a loan facility
for the development of a care home
- £13.8 million loan facilities for companies
running care homes in Sussex, Dorset, Northamptonshire and
Worcestershire. The financing involved a £5 million refinancing
facility, a £6.8 million refinancing facility, a £1.8 million
development facility to finance the extension of one of the homes
and a £200,000 overdraft
- £22.7 million loan facility for a group of
eight companies running seven marinas
- £13.2 million loan facilities for a
partnership running care homes in Kent and Surrey
- £2.5 million loan facility for the acquisition
of a company running a care home and refinancing of existing
loans
- £50 million loan facility for an English
investment trust company listed on the stock exchange
- £16.9 million loan facility for a company
running a care home in Winchester
- £4.3 million loan facilities for property
investment companies incorporated in Guernsey
- £10 million loan facility for a building
materials merchant. The financing involved a cross guarantees
structure
- the restructuring of an international group
with loan facilities of £280 million
- £44 million loan facility for a company
running a hotel
- £3 million loan facility for a
telecommunications company
- two hotel loan facilities totalling £38.8
million. The transactions involved complex international
structures. Borrowing investment companies incorporated in Guernsey
own the properties and lease them to English operating
companies
- £9.3 million loan facility for the development
of a polysurgery
- £6.7 million loan facility for the acquisition
of five care homes in Dorset and Hampshire.
banking litigation and dispute resolution
- Advising a number of banks in relation to breaches of covenant,
validity and enforceability of guarantees, loan documentation,
outsourcing agreements and technology, licensing and
procurement.
- Representing an Eire partnership and Isle of Man companies in a
claim for €43 million against multiple defendants in the UK and
elsewhere, including multi jurisdictional proceedings, obtaining a
worldwide freezing order and advising on the validity of a suite of
detailed loan documentation.
- Acting for a US based investment fund concerning the purchase
of subordinated loan notes in a foreign retail bank for in excess
of €25 million. Advising that investment group in respect of claims
against the directors and officers of the bank for
misrepresentation and breach of statutory duty and claims against
the auditors for negligent misstatement.
examples of our healthcare finance experience
Our healthcare finance experience includes advising on:
- a loan facility from local PCT to complete new build care
facilities for a terminal care provider
- £13.8 million loan facilities for companies running care homes
in Sussex, Dorset, Northamptonshire and Worcestershire. The
financing involved a £5 million refinancing facility, a £6.8
million refinancing facility, a £1.8 million development facility
to finance the extension of one of the homes and a £200,000
overdraft
- £1.5 million loan facilities for a company running a care home
in Surrey
- £16.9 million loan facility for a company running a care home
in Winchester
- £9.3 million loan facility for the development of a
polysurgery
- £6.7 million loan facility for the acquisition of five care
homes in Dorset and Hampshire.
In addition we work closely with the firm's dedicated Insolvency team on
restructuring and turnaround transactions.
