Addleshaw Goddard's Manchester banking team has advised opposite Travers Smith on the £450m refinancing of Peel Holdings' land and property investment divisions. The national law firm advised the banks on the two related refinancing deals, with Travers acting for Peel. The first deal saw Addleshaws act for lead arranger Lloyds TSB and a syndicate of five banks - Lloyds, HSBC, HBOS, Barclays and Royal Bank of Scotland N on a £250m refinancing package for Peel Land Holdings.The second transaction saw the firm advise Bank of Scotland as sole lender in connection with facilities of £202m for Peel Land and Property.
September 03, 2008 at 10:36 PM
1 minute read
The original version of this story was published on Legalweek
Addleshaw Goddard’s Manchester banking team has advised opposite Travers Smith on the £450m refinancing of Peel Holdings’ land and property investment divisions.
The national law firm advised the banks on the two related refinancing deals, with Travers acting for Peel.
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