Overview

Our leveraged finance lawyers advise established and specialist lenders, private equity houses and corporate groups in leveraged finance deals.

We have experience in advising on senior, mezzanine and unitranche debt financing, loan note structures and other deferred consideration arrangements together with the negotiation of intercreditor arrangements and the restructuring of investee companies.

While the focus of our work is in the UK, a significant amount of it involves cross border work; including non-UK lenders lending in the UK, corporate structures with companies in multiple jurisdictions or liaising with foreign counsel on the overseas aspects of UK matters.

Clients include Beechbrook Capital, ECI Partners, HSBC Bank plc, Lloyds Banking Group, Mobeus Equity Partners LLP, Octopus Investments Limited and LDC.

Areas of focus

Our expertise in leveraged finance includes:

  • Unitranche lending.
  • Intercreditor arrangements.
  • Vendor finance and deferred consideration.
  • Multi-jurisdiction groups.
  • Non-traditional lenders.
  • Asset backed lending structures.
  • Restructuring investee companies.
Experience

Advising Lloyds Banking Group on £20 million of acquisition finance facilities for the purchase of a group of engineering companies (including USA, South America and Europe).

Advising Beechbrook Capital LLP on the provision of a mezzanine finance facility for the acquisition of a global provider of consulting, benchmarking and implementation services.

Advising Beechbrook Capital LLP on £10 million unitranche facility to assist in the acquisition of the SR Group.

Advising ECI Partners on the debt aspects of its secondary buy-out of Investis provided by Clydesdale Bank.

Advising investment bank Quatar Islamic Bank on its Sharia compliant financing of a venture capital backed nanodispersion technology company.

Advising HSBC on financing the original acquisition and subsequent restructures of one of the world's leading software providers, sponsored by Francisco partners.

Advising Beechbrook Capital LLP on a unitranche facility and equity co-investment to support the management buy-in of Glevum heating by A.R.P. Capital Partners.

Advising Lloyds Banking Group on the funding of the acquisition by Bridges Ventures of a Business Centres business.

Meet the team
Richard Leeming

Richard Leeming Partner

  • Banking and Trade Finance
  • Derivatives, Debt Capital Markets and Securitisations
  • Real Estate Finance
Racheal Ruane

Rachael Ruane Partner

  • Corporate Banking
  • Real Estate Finance
  • Asset Finance and Asset Backed Lending
Graham Soar

Graham Soar Partner

  • Banking
  • Derivatives, Debt Capital Markets and Securitisations
  • Project Finance
Richard Spink

Richard Spink Partner

  • Head of Corporate
  • Mergers and Acquisitions
  • Private Equity
Mark Shepherd

Mark Shepherd Partner

  • Head of Private Equity
  • Corporate
  • Healthcare

What others say...

... gives a City service from Bristol, and attracts praise for its deep sector knowledge.
Legal 500 2016

Key contact

Richard Leeming

Richard Leeming Partner

  • Banking and Trade Finance
  • Derivatives, Debt Capital Markets and Securitisations
  • Real Estate Finance

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