We advise a number of our clients on loan facilities from banks and other lenders and related security issues.

Our experience of acting for banks, and knowing their requirements, enables us to advise clients on the likely parameters for sensible negotiation.

Work experience/case studies:

• Acting for the University of the West of England on a £95m facility from Lloyds TSB to fund the development of student accommodation at the Frenchay campus site.
• Advising Bristol University on £50m working capital facilities from Barclays Bank including related interest rate swap agreements.
• Advising Warwick Independent Schools Foundation on a £4.5m facility from Allied Irish Bank to fund capital projects at three Foundation Schools.
• Advising Broadoak Finance Group plc on £12m revolving credit facilities from Barclays Bank to fund its vehicle finance business.
• Advising Newport Holdings plc on a £67m refinancing of an investment property portfolio with Norwich Union, involving negotiations with a number of other lenders to the Newport Holdings Group.
• Advising Butler & Tanner Ltd on a £10m refinancing and restructuring package including invoice discounting and asset finance facilities from Lloyds TSB Commercial Finance.