08 Oct 2018
Shepherd and Wedderburn’s banking and finance team has reported a strong year for deals activity, with a 12% rise in the number of completed deals and a 41% increase in the overall value of transactions.
The team, whose clients include banks, funds, financial institutions, local authorities, corporate borrowers and sponsors, completed 162 deals in the year to April 30, with a combined value of £132 billion, up from 144 deals with a combined value of £93.4 billion the previous year.
Transactions completed in the year included a number of sizeable real estate debt refinancings; residential mortgage and car loan securitisations; funding and refinancing of major infrastructure and energy projects; and financing and refinancing corporate loan facilities to companies ranging from blue chip plcs to owner-operated, small to medium-sized enterprises (SMEs).
Notable deals completed by the banking and finance team in the 2017/18 financial year included:
Fiona Buchanan, Head of Banking and Finance at Shepherd and Wedderburn, said: “Our top-ranked team worked on a variety of complex deals across a range of sectors and we are increasingly partnering with clients on pathfinder projects combining our legal expertise with cutting-edge technologies.
“The banking landscape continues to change at pace and this has been reflected during the past 12 months in the proliferation of our client base to include new market entrants, as well as established financial institutions.
“The growth in our financial regulatory advisory practice is ensuring we meet the varying demands of these diverse market participants.”