Philip Spittal > Linklaters LLP > London, England > Lawyer Profile

Linklaters LLP
ONE SILK STREET
LONDON
EC2Y 8HQ
England

Work Department

Banking

Position

Mainstream banking lawyer specialising in syndicated lending, acquisition and leveraged finance, property and development finance, and restructurings.

Career

Trainee solicitor Taylor Joynson Garrett 1989-91; assistant solicitor 1991-95; assistant solicitor Wilde Sapte 1995-99; partner Denton Wilde Sapte 1999-2000; managing associate Linklaters, London 2000-04; partner 2004.

Education

University of Reading (1988 LLB Hons); College of Law, Guildford (1989 Solicitors Finals).

Lawyer Rankings

London > Finance > Bank lending: investment grade debt and syndicated loans

(Hall of Fame)

Philip SpittalLinklaters LLP

Drawing upon strong product knowledge at both the front end of a deal, as well as in a refinancing/restructuring context, Linklaters LLP‘s ‘knowledgeable’ banking team is a popular choice among banks and investment grade corporates (including a high proportion of FTSE 100-listed clients). As well as regularly picking up a strong pipeline of syndicated lending work the firm also handles a disproportionately large proportion of corporate M&A financings. The team has also been very active advising borrowers on sustainability-linked financings, including Ian Callaghan‘s recent advice to Balfour Beatty Plc on the conversion of their £375m revolving credit facility to the largest sustainability linked loan in the UK construction sector to date. Toby Grimstone‘s practice consists of syndicated and secured bank financings and although he is active across a range of sectors, he is particularly well-versed at advising on mining/energy financings, including those with an emerging markets nexus (invariably export credit backed). Oliver Edwards co-heads the corporate and structured lending team alongside Grimstone and has a broad creditor practice that encompasses niche expertise in margin lending, as well as liquidity financings to other financial institutions. Philip Spittal often handles syndicated lending work in his role as global co-head of banking and is a key member of the team that also includes Caroline Courtney, who is well-versed across a range of products, including as it relates to syndicated lending and asset finance.

London > Finance > Acquisition finance

(Leading individuals)

Philip SpittalLinklaters LLP

Drawing on ‘excellent strength-in-depth‘ in its London office and across its extensive international network, Linklaters LLP is well-positioned to handle multi-jurisdictional sponsor and corporate-led acquisition finance mandates for a balanced roster of borrowers and lenders. Under the leadership of David Irvine (‘excellent commercial instincts’) and Oliver Sceales , both of whom have strong financial sponsor ties, the team has ‘strong leveraged finance knowledge’ and is adept at advising across the full scope of financial products, including bank and bond financing on large cap mandates, as well as on direct lending mandates. Edward Aldred  is also a popular choice among sponsor clients, as a result of his experience across the gamut of loan products, from syndicated institutional covenant-lite incurrence-based TLB facilities through to unitranche and covenanted maintenance loans. Philip Spittal  advises a balanced borrower and lender client base on event-driven and leveraged finance deals and, alongside creditor-focused partner Nick Syson , is able to call upon a vast amount of knowledge as a result of many years’ experience advising on mandates throughout the credit spectrum. Pathik Gandhi is ‘very efficient at getting the deal done with minimum fuss’ and together with Chris Medley is a driving force behind the firm’s growing creditor offering. At the associate level, Rohan Saha is well-versed at advising both banks and sponsors on leveraged finance mandates.