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Shepherd and Wedderburn

1 EXCHANGE CRESCENT, CONFERENCE SQUARE, EDINBURGH, EH3 8UL, SCOTLAND
Tel:
Work 0131 228 9900
Fax:
Fax 0131 228 1222
DX:
551970 EDINBURGH-53
Email:
Web:
www.shepwedd.com

Fiona Buchanan

Tel:
Work 0131 473 5310
Email:
Shepherd and Wedderburn

Work Department

Banking & Finance

Position

Fiona is a partner in the Banking & Finance team and advises on a wide variety of banking matters, ranging from conventional secured and unsecured loans to Scottish SMEs, funding cross-border corporate buyouts and restructuring of debts of 'distressed' borrowers, to advising major UK and foreign financial institutions on structured multi-jurisdictional capital markets financing, including securitisation (RMBS, CMBS and whole business), covered bonds and other innovative funding techniques. Fiona also acts for sellers and purchasers of commercial and residential mortgage loan books in both the non-performing and performing space. She also gives opinions on a range of additional banking matters. Recent transactions include: acting for DBS Bank Ltd in Scotland in relation to a £291m secured loan to fund the acquisition of a portfolio of UK student accommodation; acting in Scotland for North Yorkshire Building Society and Amber Homeloans Limited in relation to their sales of portfolios of mortgage loans to Morag Finance 1 S.A R.L.; acting in Scotland for the Northview Group in relation to its RMS 29 and RMS 30 securitisations of residential mortgage loans; acting in Scotland for Erste Bank in relation to the financing of a number of Scottish registered aircraft.

Career

Trainee, Tods Murray WS 1996-1998; assistant 1998-2002; associate, banking and finance team 2002-2005; partner, banking and finance team 2005-2014; departmental managing partner, banking and finance team 2014; partner, Shepherd and Wedderburn LLP 2014 to date; banking & finance practice group leader, 2015 to date.

Languages

French.

Member

Law Society of Scotland.

Education

Falkirk High School; University of Edinburgh (1995 LLB Hons; 1996 Dip LP).

Leisure

Busy working mum of three lively children, live music, skiing, entertaining.


Scotland: Finance

Banking and finance

Within: Banking and finance

Shepherd and Wedderburn undertakes high-end, big-ticket banking and finance transactions on a Scotland and UK-wide basis. Rod MacLeod, Hamish Patrick and Andrew Kinnes have an outstanding reputation in the funds finance space, and the latter two individuals are also well-known for their securitisations experience. In addition, the firm assists clients with real estate finance, leveraged finance, asset-based lending and debt capital markets transactions. In 2017, Patrick Bell and senior associate Lucy Hall acted for FairBriar in the £94.7m financing of the development of the 24.5 acre Middlewood Locks mixed-use scheme in Salford, Greater Manchester. Iain Wishart and senior associate Peter Alderdice advised Gatehouse Bank (a wholly Shariah-compliant investment bank) on the Islamic financing aspects of its circa £60m acquisition of Consort House and Bridge View in Aberdeen; this was one of the largest Islamic finance deals in the Scottish market in 2017. Practice head Fiona Buchanan led a team which acted as sole Scottish counsel to Cerberus European Investments as the seller in a £968.5m securitisation of residential mortgage-backed notes issued by Towd Point Mortgage Funding 2017-Auburn 11 Plc. Clare Foster heads up the clean energy and project finance practices. Senior associate Neil Cowan is also recommended.

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