Ashurst delivers solutions-driven and ‘innovative structuring’ to banks and investment-grade borrowers across various lending activities. The team’s expertise spans syndicated loans used for general working capital, refinancing needs, and supporting M&A activity. Nicholas Moore ’brings exactly what is needed to the table for his clients’, including banks and large corporate borrowers, the latter which he regularly advises in the context of sustainability-linked financings. Tim Rennie is also very knowledgeable on ESG-related matters – including at a product development stage for banks (drafting relevant precedents) – and as well as more general corporate lending advice, has also developed a very strong reputation advising banks as financial advisers in relation to public takeovers. Briony Holcombe co-heads the corporate lending team alongside Moore and Rennie, with a balanced lender and borrower practice that encompasses general corporate lending, strategic M&A and fund financing work. Darren Phelan also maintains a well-rounded practice, advising both lenders and borrowers while also supporting financial advisers on public M&A financings.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team actively embraced innovative structuring for a new deal, moving away from market norms to achieve the client's wishes.’
  • ‘ Nicholas Moore has always been our go-to expert on financings and structuring when needed. He understands the wider context and brings exactly what is needed to the table for his clients.'

  • 'Ashurst have a very strong corporate debt team with a broad capability to support all types of debt financing.'

  • 'They take the time to understand the business needs and requirements beyond just the specific transaction level. They consistently demonstrate the ability to identify risks and opportunities in transactions and support the business through what can be a challenging period.'

Key clients

  • ABN AMRO
  • ANZ
  • Axpo Holding AG
  • Bank of America Merrill Lynch
  • Barclays Bank
  • Bank of England
  • Berkeley Group
  • Bio Products Laboratories
  • boohoo group plc
  • BP
  • Citibank
  • CK Infrastructure Holdings Limited

Work highlights

Advised Goldman Sachs International on the recommended offer by Harp Bidco Limited to acquire Hargreaves Lansdown worth £5.3bn.
Advising Axpo Holding AG as borrower on a JP¥42bn sustainability-linked Samurai loan with a syndicate of more than 20 banks and investors in Japan.
Advising J.P. Morgan Cazenove as financial adviser on the £3.5bn takeover of International Distributions Services plc by EP UK Bidco Limited.

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

Mark Edwards; Tim Rennie; Nicholas Moore; Briony Holcombe

Other key lawyers

Darren Phelan