Banking & Finance
UK Guide 2025 : The South
Band 2
Email address
[email protected]Contact number
(023) 8048 2482About
Provided by Paris Smith LLP
We have market leading financial lawyers who have industry-specific experience and a clear understanding of today’s business environment.
Our Banking & Finance Department can assist in the following areas:
- Asset finance
- Leveraged finance
- Real estate finance
- Project finance
- General corporate lending and borrowing
Advising lenders
- Santander UK plc in connection with the provision of term loan, invoice finance and supply chain finance facilities to The DB Food Group Limited;
- HSBC Bank plc on its financing of the leveraged management buyout of a specialist engineering business in the petro-chemical sector using LMA-based documentation;
- Interbay Funding Ltd on its largest acquisition financings, such as a £19m facility to a borrower in order to finance its acquisition of 130+ residential properties in London (which had to be completed within a month).
Advising borrowers
- Corrotherm International Limited on the refinancing of its existing NatWest and RBS debt facilities by Clydesdale Bank plc, with a term loan, multi-currency overdraft facility, a forward forex facility, a performance bond / guarantee facility, an import / letter of credit facility and a confidential invoice discounting facility;
- Richmond Cars Limited on £22m of term loans in order to facilitate the expansion of its Hyundai car dealership business and its acquisition of The Sparshatts group;
- Haskins Garden Centers Limited on a £22.5m refinance funded by HSBC Bank plc.
Chambers Review
Paris Smith is highly active on debt finance transactions, offering a full spectrum of banking expertise encompassing acquisition, asset and property finance. It is regularly sought after by retail banking groups, house builders and developers for real estate finance-related work. Paris Smith also acts for UK clearing and challenger banks on leveraged finance, debt facilities and working capital facilities.
Work Highlights
- Paris Smith assisted Castle Trust Capital with a term loan issued to property developer ZSL to refinance the latter's 131-bed purpose-built student accommodation block on a site in Nottingham charged to Laxfield.
Strengths
Provided by Chambers
"Paris Smith provides quality service and is always willing to go the extra mile to support clients."
"They take time to comprehensively cover all the potential scenarios, ensuring full understanding and demonstrating a very solution-led approach."
"Paris Smith provides quality service and is always willing to go the extra mile to support clients."
"They take time to comprehensively cover all the potential scenarios, ensuring full understanding and demonstrating a very solution-led approach."
Notable Practitioners
James McNeil is head of the corporate, commercial and finance department at the firm. He advises lenders and borrowers on a variety of matters including term loan facilities, debt refinancing and project finance.
"James has excellent legal expertise but is also highly commercial, and he facilitates introductions whereappropriate."