Our sectoral approach means we understand the myriad of issues affecting commercial banks, at a time of ongoing challenge. Our relationship with the banks is longstanding and we work closely with them on customer transactions across the spectrum of bank deal types as well as on own account work.
We view every transaction through the eyes of the client, and provide a first-class service to help clients achieve their goals quickly and efficiently. How? By assembling multidisciplinary, bespoke teams drawn from our specialist practice groups which have a genuine understanding of what is required. In bringing together expertise from different parts of our business we deliver clear, concise and market-informed advice to our clients, which goes one step beyond the legal practicalities of any bank deal. Andrew Kinnes, Partner, co-ordinates our cross-firm team focusing on commercial banks.
We advise UK-based and overseas commercial banks on a broad range of deal types including:
mainstream corporate banking;
restructuring and insolvency;
project finance (including energy and infrastructure);
real estate finance;
asset and receivables finance;
oil and gas;
mergers and acquisitions;
dispute resolution focused on specialist finance issues and debt recovery;
Bank of Scotland
Acting for Bank of Scotland and Her Majesty’s Treasury in relation to new revolving loan facilities of up to £86 million for Countesswells Development Ltd to fund infrastructure and a 3,000 unit housing project with a capital value of £800 million outside Aberdeen. This is the first deal of its kind in Scotland.
The Co-operative Bank
Acting as Scots Counsel for The Co-operative Bank plc on £1.65 billion residential mortgage-backed securitisation.
Acting for Wells Fargo in connection with the sale by GE Capital of its global commercial real estate business, GE Capital Real Estate.
Acting for Clydesdale Bank plc in connection with the £27 million loan facilities regarding the sale by its customer, Carrs Group plc, of its flour milling business, Carrs Flour Mills Limited, to Whitworth Holdings Limited.
HSBC and Lloyds Banking Plc
Acting as Scots counsel to the lenders, led by HSBC Bank Plc and Lloyds Bank Plc on a £220 million five-year, reserve-based lending facility made available to Ineos UK E&P Holding Limited (Project Redwing) for part of its equity financing for acquisition of certain North Sea assets from DEA UK and Fairfield Energy.