Memery Crystal has advised new client Woolworths on a £385m refinancing package. The boutique firm’s real estate team advised the store on the deal, one of the largest European asset-backed loan refinancings in the retail market.

Real estate partners Nicola Kravitz, Colm Flood and Alastair Moss advised the retailer on property finance issues relating to the transaction, which saw GMAC Commercial Finance and Bank of Ireland subsidiary Burdale Financial providing the debt.