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.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons act as key adviser to Dalmore Capital in relation to acquisition by Royal London
Multinational Law firm Pinsent Masons played a key role in advising the UK-based infrastructure asset manager Dalmore Capital through its acquisition by UK pensions and investment giant Royal London.
General Counsel Wellbeing Network partners with Pinsent Masons to deliver series of workshops for GCs
The GC Wellbeing Network, a global organisation to champion the wellbeing of general counsel, has partnered with multinational law firm, Pinsent Masons, to deliver a series of workshops to equip GCs with tools and skills to improve their wellbeing.
Pinsent Masons advises Gulf Nav on its AED 3.2 billion reverse takeover of Brooge Petroleum Gas Investment from Brooge Energy Limited
Multinational law firm Pinsent Masons has advised Gulf Navigation Holding PJSC (Gulf Nav), the only maritime and shipping company listed on the Dubai Financial Market, on its landmark reverse takeover of Brooge Petroleum and Gas Investment Company from NASDAQ-listed Brooge Energy Limited.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons act as key adviser to Dalmore Capital in relation to acquisition by Royal London
Multinational Law firm Pinsent Masons played a key role in advising the UK-based infrastructure asset manager Dalmore Capital through its acquisition by UK pensions and investment giant Royal London.
Pinsent Masons advises Balbec Capital on its first European public securitisation
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Pinsent Masons expands pensions team with partner hire
Multinational law firm Pinsent Masons has appointed pensions partner Anna Taylor, to join the firm’s Finance and Projects team in London.
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]