26 Jun 2017 | 11:30 am |
International law firm Pinsent Masons has advised HSBC Invoice Finance (UK) Limited and Wells Fargo Capital Finance (UK) Limited on the £120m refinancing of Nisa Retail Limited.
Nisa Retail is a mutual organisation, headquartered in Scunthorpe, that provides services to support a membership network of more than 3,000 convenience retail stores. The refinance forms part of Nisa Retail's overall ambition to increase turnover to £2b by 2019 by providing longer term, cheaper and more flexible capital for the business to further invest in growth over the next three to five years.
The Pinsent Masons team acting on the transaction was led by Partner Edward Sunderland and assisted by Vicci Baker, John Edwards, Jennifer Rawlins, Stiofán Doherty and Isabel Whitehurst.
Commenting on the deal Edward Sunderland said:
"The Structured Finance team at Pinsent Masons were very pleased to be working with the HSBC and Wells teams on this transaction to help them put in place commercial and pragmatic funding arrangements to support the ongoing growth of Nisa Retail. The size of our dedicated ABL team meant that we were able to meet the tight timescales required."
Pinsent Masons builds out its Luxembourg office with the hire of funds specialist Dr Jan Saalfrank LLM
Multinationallaw firm Pinsent Masons has advised SUSI Partners and its Asia EnergyTransition Fund on the launch of a renewable energy platform to developlarge-scale renewable assets across Southeast Asia.
Multinational law firm Pinsent Masons has strengthened its corporate team in Australia with the recruitment of partner Andrew Fisken.
Multinational law firm Pinsent Masons has advised Statkraft on the sale of a 50% stake in their Irish offshore wind portfolio to Copenhagen Infrastructure Partners’ fund, Copenhagen Infrastructure IV K/S, as part of its plans to develop up to 2.2 gigawatts of offshore wind in Ireland.
Multinational law firm Pinsent Masons is advising Saint-Gobain Limitedon the sale of all its UK distribution business to the Stark Group.
Multinational law firm Pinsent Masons has advised Halma plc on the acquisition of WEETECH Holding GmbH - the holding company of WEETECH GmbH and its subsidiaries based in Wertheim, Germany.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]