Ashurst provides 'first-class and solutions-oriented advice' to banks and investment-grade borrowers across a range of lending activity, encompassing syndicated loans for general working capital purposes, for refinancings and to facilitate M&A transactions. Tim Rennie excels at providing 'solutions-oriented' advice to banks and borrowers on global loans, and also has niche expertise acting for financial advisers on the financing of public takeovers. In addition, Rennie also regularly advises clients on sustainability-linked financings, as does the 'very knowledgeable' Nicholas Moore. Briony Holcombe co-heads the corporate lending team alongside Rennie and Moore and has a varied practice that includes advice on working capital facilities, acquisition finance and fund finance matters. Darren Phelan has a balanced lender and borrower-side practice, and also handles work for financial advisers on public M&A financings.
Legal 500 Editorial commentary
- Profile
Testimonials
Collated independently by Legal 500 research team.
- ‘The team consistently provides exceptional legal expertise combined with an outstanding client-centric approach.’
- ‘The team provides truly first-class and solutions-oriented advice.'
‘Nicholas Moore and Darren Phelan are a pleasure to work with. Their depth of knowledge, responsiveness, commercial acumen and ability to navigate difficult legal issues and client dynamics are unmatched.’
‘The very knowledgeable Nicholas Moore is excellent. Hands-on, personable, commercial and takes the time to make complexities simple.'
'Tim Rennie is excellent at identifying the key issues and providing a solutions-oriented response.'
Key clients
- ABN AMRO
- ANZ
- Bank of America Merrill Lynch
- Bank of England
- Berkeley Group
- Bio Products Laboratories
- BP
- Citibank
- Collinson Group
- Deutsche Bank
Work highlights
Advised Banco Santander and BNP Paribas in relation to providing new facilities to SigmaRoc plc to part fund its acquisition of CRH plc's European limestone quarry businesses in Germany, Poland, Czechia, England and Ireland.
Advised the lenders to GN on the refinancing and upsizing of its existing term and revolving loan facilities, totalling €1.32bn.
Advised NatWest in relation to the refinancing of the revolving credit facility provided to Ascential plc as a result of Ascential's managed separation and disposal of its digital commerce and product design businesses.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next generation partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Tim Rennie; Nicholas Moore; Briony Holcombe
Other key lawyers
Mark Edwards; Darren Phelan