Steve Mackie > Addleshaw Goddard > London, England > Lawyer Profile

Led from London by Steve Mackie and also able to draw upon significant resources throughout its phalynx of regional offices, Addleshaw Goddard has a strong reputation among lender clients providing financing to corporates in bilateral, club and syndicated contexts. The firm’s clearing bank relationships continue to inform much of the corporate lending work, particularly in the mid-market space, however, it has also continued to gain traction among commercial/international banks, which are attracted to the firm’s ability to advise on transactions incorporating a range of financing techniques, including ABL and structured finance. Amanda Gray heads up the firm’s financial services sector group and has vast experience advising lenders and borrowers across a range of financing transactions particularly in the mid-cap space; she has been at the forefront of the firm’s ESG efforts and has advised on numerous sustainability-linked loans.

Addleshaw Goddard is considered ‘the pre-eminent and go-to lender law firm‘ in the social housing arena and, as such, acts for some of the country’s largest financial institutions, for whom the ‘approachable and available‘ team, headed by ‘sector expert‘ Lee Shankland-Gort, has recently been particularly active with regard to the transition of loans from LIBOR to SONIA. Jennie Chilton ‘always finds a solution to challenging issues‘ when advising on the securing of large housing portfolios for private placements, bond issues and bank lending. Debt capital markets expert Beth Collett is highlighted as ‘a renowned expert with regard to social housing bonds‘ and Steve Mackie is considered an ‘assured industry expert‘, in particular regarding debt transactions. Further key members of the team are ‘future leader in the sector‘ Tom McHugh, ‘stand-out‘ Geoff McGinley and partner Helen Hunter.

Addleshaw Goddard climbs the ranking having expanded the scope of its DCM work beyond its core area of social housing finance. The firm has also recruited to bolster its skillset. Carl Posern, who joined from Pinsent Masons LLP, brings extensive experience advising on European covered bond transactions. Jacqueline Heng, formerly of Norton Rose Fulbright, frequently advises dealers and issuers on international transactions, among them EMTN programmes, standalone bonds, ECP and CD programmes, convertible bonds, structured notes and private placements. They join practice head Beth Collett, who is ‘a class above‘ and works closely with key partner Steve Mackie on social housing finance. Collett acted for BNP Paribas, HSBC Bank plc and Lloyds Bank Corporate Markets plc in a £350m issuance by Onward Homes Ltd. One client sees the firm as ‘the market -leading franchise in debt capital markets issuance for the social housing sector – dependable, clear and reliable‘.

Since the start of 2022, Zoe Maurer has been leading the real estate finance team at Addleshaw Goddard, and she handles mandates for both lenders and borrowers regarding investment and development finance across a range of asset classes, including hotels and leisure, offices, retail, and industrial and residential housing. Previous team leader Steve Mackie is still an active member of the group, with extensive experience in real estate-backed finance, social housing finance work, and student accommodation mandates. Sarah Egbu specialises in hotel finance, whilst Paul Salsbury is a member of the firm’s cross-border real estate group, and thus has expertise handling both UK-based and pan-European real estate finance. Zak Ikponmwosa is skilled at handling work involving multiple debt issues and cross-border matters, and Ian Kyno was promoted to partner in May 2022.