Pinsent Masons advises lenders on £475m St. Modwen Properties refinancing

19 Dec 2017 | 04:11 pm |

International law firm Pinsent Masons has advised a syndicate of banks made up of Barclays, HSBC, NatWest, Santander UK and AIB Group on the £475 million refinancing of, Birmingham-based property group, St. Modwen Properties.

The unsecured revolving credit facility has an initial maturity of five years which can be extended to a maximum of seven years, subject to lender consent. The unsecured revolving credit facility replaces £488m of current bilateral secured debt facilities.

The Pinsent Masons team acting on the transaction was led by William Oliver, Real Estate Finance partner, with Esther Parkes and Emma Warby also working on the deal

Commenting on the deal William Oliver said:

“We are delighted to work with the banks on the new unsecured facility for St Modwen following on from acting on a similar deal on the new facilities for NewRiver REIT plc in the summer.”

Latest press releases

Show me all press releases

Pinsent Masons unveils minority ethnic workforce targets

Multinational law firm Pinsent Masons has unveiled a series of UK workforce targets designed to eradicate barriers to entry and promotion for minority ethnic people and improve diversity.

Pinsent Masons wins Construction Law Firm of the Year at the Asian Legal Business Hong Kong Law Awards

Multinational law firm Pinsent Masons has been named Construction Law Firm of the Year at the Asian Legal Business Hong Kong Law Awards. This is the eleventh time in twelve years that the firm has been awarded the Construction Law Firm of the Year accolade.

Pinsent Masons retains top ten place in Working Families Benchmark 2021

Multinational law firm Pinsent Masons has been named a top ten family friendly employer by Working Families, retaining its top ten place in the work life balance charity’s annual benchmark for the fifth consecutive year.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons wins Construction Law Firm of the Year at the Asian Legal Business Hong Kong Law Awards

Multinational law firm Pinsent Masons has been named Construction Law Firm of the Year at the Asian Legal Business Hong Kong Law Awards. This is the eleventh time in twelve years that the firm has been awarded the Construction Law Firm of the Year accolade.

Pinsent Masons appoints tax expert in Germany

Multinational law firm Pinsent Masons has appointed Marcus Hierl as tax partner in its Frankfurt office, responding to a growing client demand across Germany for complex tax advice.

Pinsent Masons advises on expansion of pioneering new online learning platform in Kenya

Multinational law firm, Pinsent Masons, has advised Dawati Africa Electronic Solutions Limited on financing the planned expansion of their new e-learning platform in Kenya.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts