Prince Evans is experienced in acting for lenders (including clearing banks) and borrowers, of Housing and Public Sector finance principally related land acquisition and development, from bi-lateral and syndicated loans and group borrowing arrangements to capital market issues.
Our Practice undertakes innovative and highly specialized work in this area and is often able to bring added value to such transactions by reason of our experience in working for both lender and borrowers.
Examples of the type of work recently undertaken, include:
- drafting/negotiating of documentation from the borrower Registered Social Landlord’s viewpoint in respect of a loan in excess of £150M
- conduct of the sale of a bank's loan portfolio to another financial institution (in excess of £50m)
- Large scale security based transactions are undertaken, such as the charging of a large numbers of properties from which to drawdown funding (circa £1m to £2m per drawdown)
For further information, please contact Tom Lemon or Robert Jennings