Firms To Watch: Banking and finance

Led by Dean Gormley, who joined the firm in 2020, Clyde & Co‘s Manchester team offers high-quality real estate and corporate financing work, with strong links in the firm’s core sectors of healthcare, insurance and education.

Banking and finance in North West

Addleshaw Goddard

Addleshaw Goddard‘s large Manchester finance team separates itself from many competitors via its breadth of expertise. In addition to offerings focused on corporate, leveraged, and project financing, it has two distinct sub-units dedicated to asset financing and asset-based lending. Andrew Maskill is particularly known for this work, representing a mix of domestic and international clients. It also serves on lending panels for a number of major regional lenders. While asset-based lending expert Simon Prendergast has joined Dentons’ London office, his role has already been filled by the recently promoted Lauren Priest-Stephens. Martin O’Shea leads the practice, with broad experience advising on real estate finance. Richard Oman has been heavily advised in a number of LIBOR transition matters.

Practice head(s):

Martin O’Shea

Other key lawyers:

Andrew Maskill; Lauren Priest-Stephens; Richard Oman; Ben Edwards; Sarah Jay

Testimonials

‘Richard Oman is the individual we use the most and we have worked a lot with Sarah Jay. As a team, they’ve been excellent. They’ve always been able to draw on what is a very deep team whenever they’ve needed to.’

‘Addleshaw Goddard delivered a highly innovative and technology-driven solution.’

‘The depth and breadth of Addleshaw Goddard’s banking team is what sets them apart from their peers outside London.’

‘Quick, adaptable and responsive.’

Key clients

COFCO International (HK) Limited

Virgin Money

Vita Group

Barclays Bank PLC

MoneySuperMarket.com Group plc

Speedy Hire PLC

Greater Manchester Combined Authority

Crescent Capital Group LP

NCC Group PLC

National Westminster Bank Plc

Work highlights

    DLA Piper

    DLA Piper offers expertise on high-value debt deals, advising borrowers and lenders on local and international matters. The team’s leveraged finance offering is particularly well regarded, with Matt Christmas advising such leading clients as RiverRock, LGT Private Debt and Permira Debt Managers. Asset-based financing is another key expertise for the firm, with practice head Joseph Frew acting for clients such as NatWest and Lloyds on traditional transactions. It also offers advice on development loans and asset financing, with Rebecca Williams a name to note on the latter. Associates Alastair Carruthers and Charles Weems are other key names to note.

    Practice head(s):

    Joseph Frew

    Other key lawyers:

    Matthew Christmas; Rebecca Williams; Alastair Carruthers; Charles Weems

    Testimonials

    ‘DLA Piper offers a first class service with evening and weekend working commonplace when necessary to get a deal done against a tight deadline. The firm clearly has the resources to cope with heavy workloads and challenging deadlines.’

    ‘Joe Frew is first class – he makes himself available whenever needed and is a really good sounding board for chatting through complex issues.’

    ‘Incredible commercial awareness and commercial approach to disputes. The firm goes above and beyond in positioning the client in the best possible place in order to ensure good outcomes. Very strategic and no-nonsense when it comes to the opposition.’

    ‘Rebecca Williams has to be one of the foremost lawyers in the asset finance field. Excellent knowledge, fantastic commercial approach and quickly grasps the key issues of the case. Encourages clients in the right direction with great advice which rapidly moves cases along without wasting fees.’

    ‘The team knows our documents and our company very well and do give us extremely good service.’

    ‘Matthew Christmas – very responsive to requests and proactively keeps in touch if he sees others in the market with experiences that could be relevant to us.’

    ‘Alastair Carruthers – does most of our transactions, has a really good relationship with our legal department. Excellent service.’

    Key clients

    Tosca Debt Capital

    National Westminster Bank

    INEOS

    Permira Debt Managers

    Pemberton Capital

    Lloyds Bank

    AO World Plc

    Biffa Plc

    Close Brothers

    ABN Amro

    Maslow Capital

    Greater Manchester Combined Authority

    Work highlights

    • Acting for the lenders, Rabobank and M&G, on a structured financing package to support the acquisition by Bain Capital Credit, of Bread Holdings Limited, the holding company of the Gail’s Bakery chain from Risk Capital Partners.
    • Acting for Learning Technologies Group, the borrower on a USD355,000,000 multicurrency secured term loan and revolving credit facility agreement, provided by a syndicate of 5 banks, led by Silicon Valley Bank.
    • Advising Aurelius in relation to the financing of its acquisition of McKesson UK in a corporate carve-out from US healthcare company McKesson Corporation, in a deal with an enterprise value of GBP477,000,000.

    Pinsent Masons LLP

    Pinsent Masons LLP‘s Manchester office offers a broad range of lending expertise, advising major national and regional banks on their real estate, corporate and asset financing work. Its most notable unique strength is with public sector financing, acting for local government bodies both in London and in the broader North West.  In connection with its corporate team, it offers excellent support to private equity groups on their financings. Matthew Morgan heads the team, leading on major transactions across the EMEA region. Samantha Rollason is known for her action on public sector and real estate financings, and Tim Fearn is known for leveraged finance work.

    Practice head(s):

    Matthew Morgan

    Other key lawyers:

    Samantha Rollason; Tim Fearn

    Key clients

    HSBC Bank PLC

    The Royal Bank of Scotland plc

    Crosslane Property Group

    Permira Debt Capital

    Tyman plc

    PJ Livesey Group Limited

    N M Rothschild & Sons Limited

    European Metal Recycling Limited

    Rothschild & Co Wealth Management UK Limited

    Clydesdale Yorkshire Bank

    Bank of Ireland

    Santander Bank PLC

    Work highlights

    • Acting for a group of lenders to finance the NCC Group’s acquisition of the IP management business of Iron Mountain.
    • Acting for a group of lenders to Andium Homes Limited.
    • Acting for OakNorth Bank on its facilities to Bruntwood SciTech for the development of two new buildings in Birmingham.

    Eversheds Sutherland (International) LLP

    Eversheds Sutherland (International) LLP‘s Manchester-based finance practice provides support to a wide range of corporate clients and has been heavily involved in advising financiers on the LIBOR transition process. Due to the presence of Taslima Salam, it also offers excellent structured real estate financing expertise. Renewable finance is another growing focus for the team. Jason Wurzal leads the team, acting for major corporate borrowers on their leveraged finance deals. Associate Hannah McAdam is also known for assisting on multi-jurisdictional deals and acquisition financings.

    Practice head(s):

    Jason Wurzal

    Other key lawyers:

    Taslima Salam; Hannah McAdam

    Testimonials

    ‘Knowledgeable, pragmatic, commercial and always very quick to respond.’

    Key clients

    Revolution Beauty Group PLC

    Perwyn LLP

    Epwin Group plc

    Qualtex UK Limited

    Globus (Shetland) Limited

    Augustus Regis Limited

    Romaco Limited

    Fintel plc

    Andium Homes

    Reiss Limited

    Peel Media Limited

    Footasylum plc

    Cadogan Estates Limited

    Flooid Limited

    Santander UK plc

    Aeriance Investments

    Triodos Bank N.V.

    Barclays Bank PLC

    Howard de Walden Estates Limited

    Eurohotels

    Begbies plc

    Lookers plc

    Next plc

    N Brown plc

    Renold plc

    HSBC UK Bank plc

    The Royal Bank of Scotland plc

    Urban Splash Limited

    Meininger limited

    Topps Tiles plc

    Morses Club plc

    LNT Group Limited

    Maslow Capital

    Zen Internet Limited

    Lakeland Limited

    Wathegar 2 Limited

    Winsford Devco LLP

    Anchor Hanover Group

    FS Wind Limited

    Beech Developments Limited

    Venus Healthcare Limited

    Metro Bank plc

    Work highlights

      Shoosmiths LLP

      Shoosmiths LLP is known for its ability to act on complex structured transactions, particularly real estate and development financings. The team is equally able to act on behalf of private financiers, such as Lloyds Bank, and public financing bodies, notably advising the borrowers for Manchester’s The Blade and Colliers Yard developments. Practice head Liz Sweeney and Debra Cooper  are key names in the team, which also acts on corporate and acquisition financings, with associate Alice Casey a key name in this segment.

      Practice head(s):

      Liz Sweeney

      Other key lawyers:

      Debra Cooper; Alice Casey

      Testimonials

      ‘The team takes of all of the issues at hand. Bring them to the attention of the client and resolve the issues.’

      ‘Alice Casey is an outstanding member of the banking team. She takes ownership and doesn’t let anything slip.’

      ‘They put the client at the centre of everything they do and provide concise relevant advice in a timely manner, this coming at a competitive price.’

      ‘Debra Cooper stands out as leading that client interaction being accessible at all times as well as being supportive to the client relationship at all levels allowing the development of our own staff.’

      Key clients

      Lloyds Bank plc

      GJS Investments Limited and Greengate Investments 1 Limited

      Vita (Cardiff) Limited

      MIP Holdings Ltd

      Shawbrook Bank

      Osisko Gold Royalties Ltd

      GMCA

      Shawbrook Bank

      Work highlights

      • Advised Lloyds Bank plc on a £280m sustainability linked development and investment facility to Bruntwood Scitech Limited.
      • Advised GJS Investments Limited and Greengate Investments 1 Limited on £120m in municipal development funding for two high profile skyscrapers in Manchester.
      • Advised MIP Holdings Ltd on their £29m takeover of French Connection Group plc.

      Squire Patton Boggs

      Squire Patton Boggs is known for its strong practice advising borrowers, acting for them on acquisition and debt financings. This often features significant cross-border elements, such as advising on GB Group’s £175m credit facilities for its acquisition of US-based Acuant. It also advises lenders on similar matters. Claire Shepherd leads the Manchester-based team and is known for her work with public body funders. Matthew Ingram is known for his acquisition financing work. Director Mariche Chambers arrived in September 2021 from Eversheds Sutherland and Andrew Kirkham joined from Pinsent Masons in January 2022.

      Practice head(s):

      Claire Shepherd

      Other key lawyers:

      Matthew Ingram; Mariche Chambers; Michael Atherton

      Testimonials

      ‘The team is superbly led by Claire Shepherd – she is always available to take your call, flexible and solutions-driven and the team surrounding her are fully supportive detailed and diligent’

      ‘Claire Shepherd – fun to work with, light-hearted, enthusiastic, clever, target driven, diligent and keen to help.’

      ‘The team comprise some excellent banking lawyers, but in particular, they are partner-led. Many large law firms continually delegate work down to the most junior lawyer. Squires do not seem to do this.’

      ‘Claire Shepherd is an outstanding lawyer and just the sort of wellspring of advice and commercial common sense you need advising you on a financing transaction. Advice is clear, concise and practical and you feel that Claire will support you throughout a deal from start to finish.’

      Key clients

      The Royal Bank of Scotland plc / National Westminster Bank PLC

      Lloyds Bank PLC

      Santander UK PLC

      OakNorth Bank plc

      Clydesdale Bank plc

      Bank Leumi UK plc

      Genuit Group PLC

      GB Group PLC

      Leisure Resorts Limited

      Trueman HoldCo Limited

      Frontier Development Capital Limited

      Boost & Co

      Praetura Commercial Finance Limited

      Leeds City Region Revolving Investment Fund LP

      Greater Manchester Combined Authority

      Chiltern Capital

      EPE Special Opportunities

      ECI Partners

      Work highlights

      • Advised GB Group plc on the refinancing of its £175M syndicated loan facilities as part of the $736M acquisition of identity-verifier Acuant.
      • Acting for the Greater Manchester Combined Authority on the grant funding for brownfield housing in the Greater Manchester area.
      • Advising Genuit Group plc on a number of major acquisition financings.

      Brabners LLP

      Brabners LLP is known for its wide array of financing offerings, with a significant emphasis on housing finance. It also acts on sports finance matters, acting for football clubs and professional bodies. Liverpool-based Andrew O’Mahony leads the team, advising a number of borrowers on their real estate finance work. In Manchester, Richard Cowan acts on corporate and leveraged deals.

      Practice head(s):

      Andrew O’Mahony; Richard Cowan

      Other key lawyers:

      Helen Burns; Daniel Hayhurst

      Testimonials

      ‘High quality commercial legal advice from experienced partners who know what they are doing and work hard to solve problems in often very demanding timescales. It is a highly collaborative approach and Brabners work very hard to understand the specific needs of the business and match them with like-minded partners and solicitors.’

      ‘Richard Cowan is an excellent, hard-working and committed lawyer who always puts the clients’ commercial goals first. He is an excellent draftsman and very easy to work with. He is calm under pressure and always ready to adapt his approach to fit the moving requirements of ongoing negotiations, producing very well-drafted and thought-through documents which are fairly balanced and allow the deal to “get done” with minimum fuss and wasted time.’

      ‘Andrew O’Mahony and Daniel Hayhurst always ready to provide advice and guidance.’

      ‘Richard Cowan – stand out corporate lawyer with a fantastic service level. Richard is a fantastic operator and works tirelessly to ensure that all matters are handled with diligence and speed.’

      Key clients

      National Westminster Bank plc

      Skybridge Lending

      Yorkshire Bank

      Arbuthnot Latham & Co

      Santander UK plc

      Acre Lane Capital

      Close Brothers Limited

      Bath & West Finance

      Quanta Finance

      Avamore Capital

      Coutts & Co

      Stretton Capital

      Brown Shipley

      The Charity Bank

      OakNorth Bank plc

      Work highlights

      • Advised National Westminster Bank plc in relation to the provision of debt facilities to the Raby Estate, secured against its residential property assets.
      • Advised Applearn Limited on the amendment and restatement of its revolving credit facilities with Silicon Valley Bank.
      • Advised Avamore Capital Bridging Limited on the provision of real estate finance to Featherfoot group companies for the refinancing of three properties in Barnsley and Darlington.

      DWF

      Acting for leading banks including HSBC, Lloyds and Barclays, DWF is known for its panel advice to leading lenders. It also acts for alternative lenders in a similar fashion, most notably Lombard. Beyond this, the team advises on energy financings and has a growing focus on public sector financing led by Paul Brown. Manchester-based team leader James Szerdy advises key automotive sector clients.

      Practice head(s):

      James Szerdy

      Other key lawyers:

      Paul Brown; Eleanor Cook

      Testimonials

      ‘James Szerdy is my main contact – excellent in every way, knowledgeable, helpful, experienced approachable, adaptable, fair on fees, can-do attitude. James is the reason I use DWF.’

      ‘Responsive, professional, and pragmatic. Made resources available at very short notice. Unphased by complicated arrangements, and ensured that completion deadlines were met. Distance execution of documentation is hugely beneficial.’

      ‘Responsive, professional, and pragmatic with a human ‘face’. Made resources available at very short notice. Unphased by complicated arrangements, and ensured that completion deadlines were met.’

       

      Key clients

      National Westminster Bank/RBS/ RBSI

      Lloyds Banking Group

      HSBC Bank PLC

      Santander UK plc

      Clydesdale/Yorkshire Bank

      Secure Trust Bank plc

      Lendinvest

      Homes and Communities Agency

      NextGear Capital UK Limited

      Close Brothers

      NWF plc

      Music Magpie plc

      Manchester City Council

      Greater Manchester Combined Authority

      Salford City Council

      North West Evergreen Fund

      LXi REIT Plc

      Home REIT Plc

      Southerns Group

      Work highlights

      • Acted for Music Magpie plc on the refinance of its main banking facilities with Silicon Valley Bank, including revolving credit and accordion facilities of up to £20m, to coincide with its IPO.
      • Acted for National Westminster Bank plc in respect of an Sterling revolving facilities totalling £26m to FRP Mercia Holdco Limited.
      • Acted for the Cheshire & Warrington Local Enterprise Partnership on its £30m regeneration loan facilities from Warrington Borough Council, Cheshire West and Chester District Council and Cheshire East Council.

      gunnercooke LLP

      gunnercooke LLP‘s banking team acts on a broad range of transactions, with a particular emphasis on real estate financing. Rob Fawke is particularly well regarded in this segment with experience in mid-market leveraged finance transactions. Georgina Tripp is known for her work on asset-backed lending and traditional banking facilities and Jill Parker offers expertise on real estate finance.

      Other key lawyers:

      Rob Fawke; Georgina Tripp; Jill Parker

      Testimonials

      ‘They were excellent on the transactions we were involved in and a pleasure to deal with. Very responsive and proactive in bringing the issues to a head and dealing with them.’

      ‘Jill Parker was very organised and drove the transaction forward. She is very practical and keen to find solutions.’

      Key clients

      Leeds Building Society

      Breal Capital Limited

      BZ Commercial Finance

      Bumper International

      AIB Group (UK) plc

      The Royal Bank of Scotland plc

      Secure Trust Bank plc

      Skipton Building Society

      Principality Building Society

      Calveton UK

      Santander UK Plc

      Grupo Tradebe Medio Ambiente SL

      Gray Care Group Limited

      ETZ PLC

      Johnsey Estates UK Limited

      Work highlights

      • Advising Johnsey Estates UK Limitedon a £16m refinance of existing debt, restructure and property transfers.
      • Advised ETZ Plc on a cross-border matter involving financing and investments into the client’s business.
      • Advised Leeds Building Society on the two separate issuances of £350m senior preferred notes.

      TLT

      TLT‘s practice is known for its strength in housing financings, advising a number of key clients on the borrower and lender sides. It also has experience advising clients in the hospitality and education industries, both on real estate and corporate financing matters. Green financings are another area of expertise. Paul Crighton leads the Manchester-based team, advising a blend of banks and corporate clients, and Paul Brock acts on social housing matters.

      Practice head(s):

      Paul Crighton

      Other key lawyers:

      Paul Brock

      Testimonials

      ‘We enjoy a very good relationship with the partner who fronts and deals with the instructions. This is a welcome difference to other firms who delegate a lot of the work.’

      ‘Paul Crighton is a pleasure to deal with and gets the job done.’

      ‘The TLT team are always on hand and someone at any level is happy to step in to help at short notice. They provide clear feedback and where they can, keep things simple.’

      ‘Very solid team. This team offers exceptional value for money in the mid market. Solid lawyers, undertand client objectives quickly and get you to those objectives efficinently. Enjoyable to work with too.’

      ‘Paul Crighton is the complete banking partner in my opinion. Whether the solution requires technical skill, commercial nous or practical experience, Paul has the answers to get you there. Industrious, focused and a pleasure to work with.’

      Key clients

      Newcastle Building Society

      HSBC Bank UK plc

      Harland PC Limited

      Handelsbanken plc

      NatWest

      Santander UK plc

      The Co-operative Bank p.l.c.

      Allied London

      Bank of Baroda

      Landmark Group

      Work highlights

      • Advising a major national UK building on a £750m loan.
      • Acted for a leadin professional services firm on securing its maiden debt facility of £15m from HSBC.
      • Advised on clients’ seminal senior debt facilities with a major debt fund for an expanding ground rent portfolio.

      Browne Jacobson LLP

      Browne Jacobson LLP‘s practice advises a combination of major clearing banks, such as Lloyds and HSBC, and alternative debt providers, with expertise advising on structured finance deals. The Birmingham-based Paul Ray leads the national team, which also includes lawyers in Nottingham and Manchester, where Graham Ball leads the team, offering expertise in real estate and private equity lending.

      Practice head(s):

      Paul Ray; Graham Ball

      Other key lawyers:

      Melanie Hilton

      Testimonials

      ‘The team comprises knowledgeable & approachable professionals who are good at talking through issues & risks in building solutions.’

      ‘Graham Ball and Melanie Hilton are both good at providing balanced advice, pointing out any risks to proposed approaches.’

      ‘A highly personable team. Enjoyable to work alongside whilst also carrying out work in a professional and highly competent manner. Communicate well throughout a transaction and the depth of team means that there is always someone to pick up work to meet tight timescales when required.’

      ‘Melanie Hilton is very strong technically and commercially minded.’

      Key clients

      HSBC

      Virgin Money/Clydesdale

      NatWest

      Santander

      Shawbrook

      RBSIF

      BREAL Zeta CF

      Investec

      BOOST&Co

      Rcapital

      ThinCats

      OakNorth

      Lloyds

      Work highlights

      • Advised HSBC on the provision of syndicated facilities for refinancing 22 of Dovehaven Group’s care homes.
      • Advised Apiary Capital on the management buy-out of XVR and Learnpro Limited, financed by Santander.
      • Advising OakNorth on its financing of Apprentify Group’s acquisition of NetcomTraining.

      Fieldfisher

      Fieldfisher‘s banking and finance team offers an excellent blend of corporate and real estate financing services to its clients on both the borrower and lender side. Philip Abbott leads the team from London, while Charlotte Round is a key name in Manchester.

      Practice head(s):

      Philip Abbott

      Other key lawyers:

      Charlotte Round

      Testimonials

      ‘They know exactly what we need and where there are issues provide a suitable suite of solutions with recommendations on the most appropriate one. They also proactively chase the deal.’

      ‘The team in Manchester are approachable and with every problem they provide a solution. They are always available and have hit all deadlines we have set. They are truly a firm that goes above and beyond assisting us make our clients experience as smooth as possible.’

      ‘They are always available and provide strong support. I have had many issues that could have killed deals if it were not for Fieldfisher who provided the solution.’

      ‘Fieldfisher are currently my go to legal firm across our panel of firms. First class service in every regard. Can’t speak highly enough of them.’

      ‘Quality of work is A1 and always timely. I have absolute confidence in their delivery. Charlotte Round is our key contact.’

      Key clients

      Lloyds Bank

      Santander UK plc

      Standard Chartered Bank

      Cynergy Bank

      Downing LLP

      Shawbrook Bank

      Restore plc

      Marlowe plc

      Gusbourne plc

      Perch Group Limited

      Work highlights

      • Advised Restore plc on £250m of revolving and uncommitted credit facilities from a syndicate of 6 lenders.
      • Advised Cynergy Bank on its largest commercial loan facility to date, of £25m, to Fennies Day Nurseries Limited.
      • Advised Marlowe plc on the increase of its syndicated term and revolving credit facilities to £110m.

      Kuit Steinart Levy LLP

      In addition to typical offerings in the real estate finance sector, Kuit Steinart Levy LLP is well regarded for its healthcare sector financing team, covering pharmacies, dental practices and care homes. George MacMillan leads the Manchester team, which includes property-lending expert Alison Kellett and Meave O’Neill, who acts on retail and commercial property financing.

      Practice head(s):

      George MacMillan

      Other key lawyers:

      Alison Kellett; Meave O’Neill

      Testimonials

      ‘Professional individuals with a can-do attitude who not only advise of any potential issues but also provide a way that these can be resolved to protect all concerned.’

      ‘They have a very strong relationship management ethic, building relationships through understanding the client business requirements as well as the individuals they interact with. Proactive team members driving transactions through to successful completion within agreed timelines. Value for money fee structure.’

      ‘We have an exceptionally strong relationship with George MacMillan and Alison Kellett. They provide clear and commercial guidance, and excellent service.’

      ‘The individuals seek to build strong one to one relationships with client team members and become an extension of the lending team reflecting the values and behaviours of the client. The team strive to provide a consistent, first-class service including supporting the client with training and ad hoc query support.’

      ‘George MacMillan is a standout partner.’

      ‘The team is exactly that – a team – and there is always someone available to provide a fee quote or assist with queries on a particular transaction.’

      Key clients

      Aldermore Bank plc

      Atom Bank

      Santander

      Lloyds Banking Group plc

      Handelsbanken AB

      Investec Bank plc

      Allied Irish Bank

      The Royal Bank of Scotland

      Cambridge & Counties Bank Limited

      Roma Finance

      Natwest

      Shawbrook

      Close Brothers Bridging Finance

      Recognise Bank Ltd

      Oaknorth Bank Plc

      Work highlights

        Trowers & Hamlins LLP

        Trowers & Hamlins LLP‘s Manchester-based team offers a strong real estate finance practice, with even stronger links with social housing providers. Practice head Neil Waller and partner Eleanor James are key figures in this space, with James offering additional experience in capital markets-related matters.

        Practice head(s):

        Neil Waller

        Other key lawyers:

        Eleanor James

        Testimonials

        ‘The team have provided excellent support through our refinancing project, very responsive and ultimately have worked tirelessly alongside us to deliver the project on time, ensuring the right governance arrangements are place and ensuring all parties, from board through to finance team, have a robust understanding of the transaction and what is needed from them.’

        ‘The team have been outstanding in the support they have provided throughout the last two years. Their ability to break down complex legal documentation into a way that is understandable for a range of audiences has been fantastic.’

        ‘Willing to stand up against unreasonable requests from the other side, but strong enough to be able to advise where compromise can be made in order to achieve a deal. Excellent technical skills and good matter administration throughout the team.’

        ‘Neil Waller managed complex, interlocking negotiations with a wide variety of parties skilfully and doggedly to deliver outcomes within challenging timescales.’

        Key clients

        Catalyst Housing Limited

        The Guinness Partnership Limited

        Accent Group

        Eastlight Homes

        Brighter Places

        believe housing

        Danske Bank

        Warwick District Council

        Peabody Trust

        Ocean Housing

        Work highlights

        • Advised believe housing on a £250m refinancing transaction, including an £85m private placement.
        • Advised Eastlight Community Homes on a £120m private placement.
        • Advised The Guinness Partnership Limited on the transition of their loan portfolio from LIBOR to SONIA-based interest rates.

        Weightmans LLP

        Weightmans LLP's banking and finance team is known for its excellent public sector financing group, which has advised on major social housing, green finance, and Covid-19 business interruption lending matters. It also offers a traditional financing experience, serving on panels for numerous major banks. Patricia Grinyer leads the team from Manchester and offers unique services advising funds on the impact of Brexit. Gary Jones offers borrowers expertise on state aid compliance.

        Practice head(s):

        Patricia Grinyer

        Other key lawyers:

        Gary Jones; Louise Neave

        Testimonials

        ‘The uniqueness that we have found using Weightmans is their personal service. Further to this is their willingness to support, to ensure that their clients understand everything that is presented to them and also their dedication to ensuring that our best interests are put forward. Their advice, support and understanding has been second to none.’

        ‘Patricia Grinyer in particular needs to be commended on her personal and professional approach. She has been able to navigate a particularly complex situation with a range of different parties involved and has done her best at ensuring that we as her client is represented in the best manner whilst also ensuring that all parties are heard.’

        ‘Very hands-on approach when providing advice, always well structured.’

        ‘Doesn’t feel as though working to billable time, equally costs remain sensible. Very quick turnaround on work ensuring all bases are covered. Patricia Grinyer in the team is always a pleasure to work with.’

        Key clients

        Octopus Capital Limited

        Lloyds Bank Plc

        Coventry and Warwickshire Reinvestment Trust

        Santander Bank Plc

        Maven Capital Partners

        North West Business Finance Limited

        West Midlands Combined Authority

        Progressive Living

        Business Enterprise Fund (BEF)

        Mercia Fund Managers

        Work highlights