Banking & Finance Experience
Greater Manchester Waste PFI Project
We advised the design and construction contractor (Costain) on the Greater Manchester Waste PFI project including reviewing all finance agreements.
ISDA Documentation
We have advised a number of clients in relation to ISDA documentation:
- FirstGroup plc - advice in relation to all of its ISDA documented derivatives trades
- Sarasin & Partners LLP - advice in relation to all of its ISDA documentation for certain OEIC funds
- Wolseley plc - advice in relation to all of its ISDA documented derivatives trades
Coca-Cola HBC
Advising Coca-Cola HBC on a range of matters in relation to its €2 billion EMTN programme.
Preparing credit support documentation
Advising Andbanc on the preparation of precedent ISDA 1992 and 2002 Schedules and related credit support annexes.
Property Finance Securitisations
Advising GMAC-RFC on the refinancing of residential property finance securitisations.
Equity Derivatives
Advising BNP Paribas on the equity derivatives forming the core of its Privalto Stabiliser structured funds.
Advising REM
We advised REM on:
- the purchase of junior and senior notes in a number of structured real estate finance transactions
- the purchase of various distressed loan portfolios.
Emissions Trading Agreements
We advised BAE Systems plc on emissions trading agreements.
Pharmaceutical Receivables Securitisation
We advised Phoenix Medical in connection with its "Scripts" pharmaceutical receivables securitisation.
Advising Bank of Scotland
We advised the Bank of Scotland plc in the provision of £200 million facilities to fund the acquisition by Gladedale of Ben Bailey Homes.
Representing Alstom
We were appointed to represent Alstom in the restructuring of its rolling stock leasing arrangements for the Northern Line (replacing Clifford Chance who previously advised Alstom).
Acting for Bank of Scotland plc
We acted for Bank of Scotland plc in the provision of £130 million facilities for a development company.
Creating private trust company structures
We have created private trust company structures for Middle Eastern, European and Latin American clients.
Advising Helius Energy plc
We advised Helius Energy plc on the project financing of its Stallingborough bio-mass energy plant.
Acting for Bank of Ireland
We acted for Bank of Ireland in the provision of £17 million facilities for the MBI of Spud-U-Like.
Advising Svenska Handelsbanken (publ)
We advised Svenska Handelsbanken (publ) on further suites of fixed and floating rate credit documentation for Consumer Credit Act purposes.
Advising a major European bank
We advised a major European bank in the restructuring and deconcentration of a US$ 1.2 billion bond structure.
Non-UK Real Estate Transactions
We advised on over 100 non-UK real estate transactions in the last year in jurisdictions including France, Spain, Portugal, Italy and Croatia
Acting for Bank of Scotland Integrated Finance
We acted for Bank of Scotland Integrated Finance in the provision of £20.5 million facilities to Intelligent Infrastructure Group Limited to fund the purchase of M-Netics Holdings Limited, Apex Computer Holdings Limited and Axiom.
Advising on hire purchase documentation
We advised a manufacturer of laser eye surgery equipment on a suite of hire purchase documentation, with an innovative payment schedule based upon per-treatment fees.
Advising Bank of Scotland plc
We advised Bank of Scotland plc in the £40 million refinancing of £180 million acquisition facilities to Tribal Group plc (with HSBC as co-arranger).
Advising global private bank
We provided detailed advice to a global private bank and also detailed tax opinion on the establishment of an investment portfolio for a widely held umbrella open-ended investment company with five sub-funds.
Acting for Westmill Wind Farm Co-operative
We acted for Westmill Wind Farm Co-operative on the project financing of its Oxfordshire wind farm.
Advising Barclays Bank plc
We advised Barclays Bank plc on drawdown of £73 million facilities in order to facilitate a loan note redemption.
Advising FirstGroup plc
We advised FirstGroup plc on the implementation of sale and leaseback arrangements for non-rolling stock assets across four franchises with a total value of £38 million.
Acting for Wolseley plc
We acted for Wolseley plc in negotiating a Danish Krone DKr3 billion facility for use by its Danish subsidiaries.
Advising international private bank
We provided detailed advice and a tax opinion to an international private bank in relation to investment products being a new stream of preference shares in an offshore company to act as a wrapper for structured note and other derivative products.
Advising Carbon Trust Enterprises
We advised Carbon Trust Enterprises on its Insource Energy joint venture with Scottish and Southern Energy created to sponsor a number of energy-from-waste projects.
Acting for The Royal Bank of Scotland plc
We acted for The Royal Bank of Scotland plc in Project Phoenix - the provision of £34 million facilities to fund a secondary MBO.
Intra-group sale and leaseback arrangements
We advised a large aircraft manufacturer on intra group sale and leaseback arrangements for equipment.
Acting for a large UK Corporate
We acted for a large UK corporate in respect of a US $200 million letter of credit club facility.
Advising a European Bank
We advised a European bank on the provision of a back-to-back treasury trades system to enable it to provide preferential rates to customers in another European branch.
Acting for Lloyds TSB Bank plc
We acted for Lloyds TSB Bank plc on Project Titan - the provision of £35 million acquisition finance facilities to fund the purchase of a group of French Companies.
Advising a European Bank
We advised a European bank on the revision of its mortgage documentation to ensure MCOB compliance, and review of its Consumer Credit Act regulated documentation.
Advising HSBC Bank plc
We advised HSBC Bank plc on the provision of facilities for the £3.6 million acquisition of a hotel group.
Acting for Wolseley plc
We acted for Wolseley plc in the negotiation of €50 million corporate banking facilities provided by Erste Bank.
Advising Lloyds TSB Bank plc
We advised Lloyds TSB Bank plc as agent in the provision of £250 million corporate facilities to a major supplier of domestic cleaning appliances.
Advising Nord LB
We advised Nord LB as lender in respect of £70 million credit facilities to be made available to fund an energy-from-food-waste project.
Acting for The Royal Bank of Scotland plc
We acted for The Royal Bank of Scotland plc (Global Banking and Markets) on a number of loans to hedge ad investment funds.