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PARK HOUSE, PARK SQUARE WEST, LEEDS, LS1 2PW, ENGLAND
Tel:
Work 0113 357 1140
Fax:
Fax 0870 608 9390
Email:
Web:
www.devonshires.com
Leeds, London

Chris Drabble

Tel:
Work 0113 357 1141
Email:
Devonshires Solicitors LLP

Work Department

Property Securitisation

Position

Chris advises funders and borrowers on security related transactions in the social and affordable housing sector such as syndicated and bilateral loan financings, private placements, bond issues, group restructurings and large-scale voluntary transfers. Chris is also recognised for his work in the PV/renewables industry, in which he has helped the Council of Mortgage Lenders formulate its guidance.

Career

Prior to joining Devonshires in February 2017, Chris was a Legal Director at Addleshaw Goddard where he spent 16 years advising on all aspects of housing finance security work. He was their principal property practitioner on their complex or structured loan financings and led their housing finance security charging unit.

Leisure

Chris spends his time outside the office running after and being a taxi service to his 6 year old twins and 4 year old son and providing well-earned respite for his wife, Claire!


London: Real estate

Social housing: finance

Within: Social housing: finance

At Devonshires Solicitors LLP, ‘the strength of the team lies in its deep knowledge of the highly regulated environment surrounding social housing’. For some clients, that expertise makes that the team ‘the go-to firm for registered providers’ involved in any variety of fund raising exercises, from debt capital markets issuances and private placements, to borrowing activities from funds and local authorities. Capital markets highlights have included Julian Barker advising Martlet Homes on a £400m A+ rated bond issuance, and acting for Aldwyck Housing Group in relation to a £40m private placement. In the bank lending space, a team including Andrew Cowan advised Your Housing Group on seven new and restated facility agreements totalling £457m. Similarly, Barker and Sharon Kirkham assisted Hyde Housing Association with a £760m refinancing transaction, which involved restructuring debt and various swaps with five separate banks. Further, Gary Grigor advised The Riverside Group on two new facilities and one restated facility with HSBC Bank, Svenska Handelsbanken and Barclays Bank totalling £200m. The firm also has an active property charging practice led by Richard Sharpe and Saghar Roya, which acted for L&Q to help secure two separate £500m bond issuances. Chris Drabble specialises in security-related transactions and heads the firm’s Leeds office.

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