Herbert Smith partner Jason Fox advised JP Morgan, acting as arranger for a syndicate of oil and gas lending banks, on a £160m senior secured reducing revolving credit facility for Paladin Resources and some subsidiaries. It is using the cash to consolidate its debts and finance future projects.

Speechly Bircham corporate partner Jane Henry advised on the £13.3m second-round funding for wireless technology firm Synad Technologies. Brobeck Hale and Dorr corporate partner Jonathan Loake acted for main investor Alta Partners.