Our debt finance practice advises on innovative international and domestic deals in the bank lending markets, including acquisition finance and real estate finance, project finance, capital markets, securitisation and derivatives, as well as on corporate recovery matters.
We offer a comprehensive service to a client base of banks and investment banks, international corporations and many other entities which play a role in the financial markets. Our clients include BNP Paribas, JPMorgan, Lehman Brothers, Morgan Stanley, Deloitte & Touche, Royal Bank of Scotland, Ernst & Young and Eurohypo AG.
Recent work:
- Royal Bank of Scotland, Barclays Capital and HSBC on the £77 million senior and mezzanine financing of PPM Capital’s acquisition of UK restaurant group Paramount Restaurants, owner of the Chez Gérard, Bertorelli and Caffe Uno brands, among others
- Accor SA on a sale and leaseback strategy worth €670 million in relation to a portfolio of hotels in Germany and the Netherlands
- Phoenix 4 on the collapse of MG Rover and the subsequent DTI investigation
- Yell Group on its acquisition of TPI (Telefónica Publicidad e Información, S.A.), the publisher of the Spanish yellow pages, and on a related £5 billion financing package
- Royal Bank of Scotland on a collaterised loan obligation (CLO). The transaction involved the issue of approximately €385 million of notes by Leopard CLO IV B.V, and the subsequent Leopard CLO V
- Sumitomo Chemical on the development and financing of the US$9.8 billion Rabigh Project, involving the development of the world’s largest integrated refining and petrochemicals complex in Saudi Arabia .
Read more about our finance work on the Herbert Smith website.