Experts in advising borrowers and lenders across a number of debt products
Peregrine Law has specialist banking and finance law expertise as well as experienced corporate lawyers who have advised many businesses on borrowing money.
Our international finance expertise includes:
Advising on syndicated, club and bilateral facilities for banks and borrowers internationally and domestically in the UK.
Our finance lawyers have advised banks, sponsors and other purchasers on the financing of a large range of domestic and cross border private equity and trade acquisitions. We are able to draft and negotiate the full suite of loan, intercreditor and security documentation under English law (and we have also worked on many foreign law debt deals).
Project, property and infrastructure finance
We have acted on a variety of real estate, project and asset financing transactions across the world involving aircraft, casinos, hotels, hospitals, ports and real estate trusts as well as commercial real estate.
We have been involved on a number of leveraged debt restructuring and refinancing transactions and one of our team acted on a major European bank bail out in 2009.
Debt capital markets, including derivatives and structured products
Our lawyers also have experience in drafting and reviewing debt capital market fundraisings as well as other structured finance products and other more complex lending arrangements.
Peregrine’s recent banking experience includes advising:
- GSN Holdings on the working capital and acquisition facilities provided by Allied Irish Bank to assist with its management buy out of leading London office products retailer, Anglo Group
- ASX listed, Collins Foods Group, a leading restaurant operator on aspects of its approx. €12m acquisition of KFC restaurants in Germany and €60m purchase of KFC restaurants in The Netherlands from Yum! Brands
- the lenders on separate facilities for a mixed use development in the South West of England
Our finance lawyers who also have experience of advising:
- A large European financial institution on its state-guaranteed emergency liquidity facilities and the assignment of its Asian Pacific loan portfolio
- European Bank for Reconstruction and Development on various project and construction loan facilities in Mongolia
- Progress Health, the consortium backed by Brookfield Multiplex and ABN AMRO, on aspects of the £479 million Peterborough Hospitals PFI.
- Australia and New Zealand Banking Group Limited and Citibank as the initial lead arrangers of the syndicated corporate finance facilities for Sonic Healthcare Limited, one of the largest diagnostic service providers in Australia, and the banking syndicate on a subsequent number of re-financings
- Babcock & Brown Capital on several separate margin loans from Dresdner Kleinwort Limited and from Kaupthing Singer & Friedlander Limited
- Bank of Scotland, Deutsche Bank and Citigroup as lead arrangers on the £800 million facilities for Apax Partners’ acquisition of a majority stake in Travelex plc and Travelex’s subsequent acquisition of Ruesch International (Australian aspects)
- CVC Asia Pacific and Catalyst Investment Managers on the LBO of the Pacific Brands business from Pacific Dunlop Limited by CVC Asia Pacific and Catalyst Investment Managers (A$750 million)
- Deutsche Bank AG London on the recapitalisation and refinancing of Schefenacker plc (Australian aspects), IFLR’s ‘Restructuring of the Year’ 2007. Deutsche Bank AG London acted as lead arranger on the Schefenacker restructuring and as senior lender on the recapitalisation and refinancing of more than €500 million in debt
- One Equity Partners on the acquisition of a majority stake in Carlson Wagonlit BV and Carlson Wagonlit’s simultaneous purchase of Navigant International Inc. The transactions were funded by US$1.195 billion of senior and mezzanine facilities arranged by J.P. Morgan PLC, Lehman Brothers International (Europe) and Morgan Stanley Senior Funding, Inc (Australian aspects)
- Silver Lake and TPG Capital on the Australian financing aspects of their US$8.2 billion merger agreement with corporate phone manufacturers, Avaya, Inc