Asset and Corporate Finance, Investment, Debt Offering and Lending

Asset and Corporate Finance, Investment, Debt Offering and Lending

Asset and Corporate Finance

We operate across a number of industry sectors working with corporate, private equity houses, funds, and commercial lenders, project and asset finance advising clients on the financing and commercial strategies for specific projects across a variety of sectors such as infrastructure projects being transport (aircraft and shipping), oil and gas and renewable energy. Our experience covers a range of projects and assets and development financing ranging up to £500M.

Our work includes :-

  • Mergers and acquisitions and advising on the sale and purchase of companies and businesses.
  • Private equity assistance with financing, exit planning and structuring.

Please click on the link to our page headed "Buying, Selling and Listings".

Our team has extensive experience in advising on a wide variety of asset and structured finance projects including the procurement, financing and leasing of aircraft, ships, oil and gas, infrastructure and other major development projects. We have experience in a variety of structures and products dealing with operating and finance leases, leverage leases, Islamic finance and residual value arrangements. We have wide experience of working on transactions involving secured and unsecured loans and guarantee facilities, acting for banks and other financial institutions including insurance companies and private equity houses. Our teams have acted on straightforward debt deals, transactions with mezzanine debt, structured finance, other credit enhancement products, loan (short and long term), re-structurings and work outs and enforcement of security.

Investment

In today's challenging environment we assist our angel venture and corporate investors as well as our fund and investment managers in assessing their target businesses both nationally and internationally ensuring their objective is achieved. We also advise founders, entrepreneurs, start-ups and emerging growth companies.

Debt Offering

Debt offering provides a business a way to raise finance without giving up ownership or future profit while leaving other assets open to raise revenue. It is very similar to a private business loan with the business selling notes with a set annual return rate and a timetable for repaying the debt. It contrasts directly with equity financing where a business sells an equity / ownership stake in order to raise funds while staying debt free and with a balance sheet clear of debt liability. If you are looking for a way to get your business funded with a debt offering our specialist team can assist.

Lending and Borrowing

We act for an increasing number of banks and other lenders for a variety of purposes including the funding of business acquisitions, asset and real estate whether on a short or long term basis or whether mezzanine finance.

In addition at various times our business clients need to raise finance and we have experience of the full range of borrowing funds as well as relationships with a variety of lenders, whether it be clearing, commercial, private banks or private funds.

We advise the borrowers and lenders on banking and funding facilities, debt and debt security. Our team have experience of a range of personal and corporate guarantees and forms of security over all types of assets working together with our property teams to provide a comprehensive service.

The banking and finance sectors have changed dramatically since the financial collapse of 2008 to 2009. As lenders introduce increasingly complex products and criteria, so the need to get commercial clear and reliable advice has increased.

Whether a lender looking to structure a deal or a borrower seeking a facility, our lawyers can get the deal done. With a wealth of experience advising major high street lenders, specialist lenders or private investors, put simply we know the industry, its opportunities and what can go wrong.

We have advised on, drafted and negotiated a wide range of banking and finance documents :

  • General banking and corporate lending, both secured and unsecured
  • Finance to buy businesses / companies whether by a management buy-out or trade purchase
  • Specialist structured or leveraged finance
  • Private equity finance
  • Invoice discounting and receivables finance
  • Property finance
  • Private lending, loan agreements and security advice
  • Rescheduling and restructuring facilities

Examples of Asset and Corporate Finance, and Investment Work

  • Acted for owners of a group of companies with 18 subsidiary companies and limited liability partnerships in a senior debt facility of £50M and subsequent re-financing
  • Acted for owners of a group of companies (Plc) with 10 subsidiaries in a senior debt facility of £16M and subsequent re-financing
  • Acted for Vendor in £330 million cross border sale of Pharmaceutical company
  • Implemented the management buy-out of a public relations group specialising in the financial sector including its financing from a major high street bank.
  • Acted for a Vendor in multi-million pound MBO of F1 racing team
  • Acted for an acquisitive wealth management company on the purchase of three separate financial services businesses
  • Acted for Vendors in a group company consisting of a Swiss company and a Nigerian company in a multi-million sale of shares to a US company in the oil and gas sector
  • Transacted for a financial services business the acquisition of other financial services businesses
  • Successfully concluded the sale of a London based logistics company for a total anticipated consideration of around £7m
  • Successfully concluded the sale of a substantial central London surveyors practice to management.
  • Successfully negotiated the sale of a film storage company to highly cautious US purchaser despite numerous obstacles that periodically derailed the transaction
  • Transacted a management buyout of a UK company from an Israeli public company for circa £5m
  • Successfully negotiated the sale of a pharmaceutical manufacturer and distributor for £5 million
  • Implemented options to purchase a UK company developing cutting edge ophthalmic technology for Russian clients
  • Successfully acted for a number of investors and developers on the financing, sale and disposal of several multi-million pound property deals
  • Acted for Indian Pharmaceutical company in £multi-million acquisition of UK pharmaceutical company
  • Acted for Indian cinema company in acquisition of majority stake in UK cinema chain
  • Acted for US-based pharmaceutical company in acquisition of a UK company specialising in clinical trials
  • Acted for Vendors in £20million sale of shares in a communications group to a US company
  • Acted for Purchasers in £multi-million purchase of international subsidiary of high-tech company (microwave technology)
  • Acted for Indian steel company in setting up a company in Georgia and dealing with international bank funding for set-up
  • Acted for Vendors in £10million sale of shares in financial consulting company to US company
  • Acted for Vendor in £26.5 million sale of Shares in off-shore Company with a 25-property portfolio
  • Acted for a consortium of Japanese companies in a £multi-million acquisition of shares in a joint venture company in the automotive sector
  • Assistance to a major US and Bermudan based insurance company on the implementation of a workout of its remaining residual value insurance portfolio covering five aircraft with a combined value of USD32 million
  • Implemented a successful workout of a financial risks insurance policy for two of the world's largest insurance companies for a value in excess of USD100million involving land and luxury condominium developments in the Caribbean

Examples of Debt Offering and Lending work

  • Acted for owners of a group of companies with 18 subsidiary companies and limited liability partnerships in a senior debt facility of £50m and subsequent refinancing
  • Acting for a group of companies (PLC) with 10 subsidiaries in a senior debt facility of £16m and subsequent refinancing.
  • Acting for a bank on the funding of a £20million property acquisition in Mayfair including putting in place debentures, cross guarantees, debentures and other forms of security
  • Acting for a bank on urgent funding of a £15million refinancing of a property transaction in Central London including putting in place the loan facility, debentures, cross guarantees and other forms of security with five days of being instructed
  • Implemented the management buy-out of a public relations group specialising in the financial sector including its financing from a major high street bank.

For more information please contact Georgina Kyriacou, Max Lesser, Arthur Fernandes, Grant Rechnic, Andrew Fishman, Harry Pattihis, Alun Williams or Lucy Paltnoi.