Linklaters & Alliance advised on the £452m GCHQ New Accommodation Project, a government PFI deal. The firm acted on the lending side of the deal for the guarantor Financial Security Assurance; the trustees, Bankers Trustee Company; and lead manager Deutsche Bank London.
The firm also advised mezzanine investor Abbey National Treasury Services on due diligence. Ashurst Morris Crisp banking partner Nick Avery advised the issuers, and Herbert Smith corporate consultant Tom Philips acted for the Government.
