Leading law firm Howes Percival has advised a national trade association in relation to its recent £100m financing.
Whilst the sensitive nature of the client’s business prevents the firm from disclosing details or parties, it’s important to note that quality transactions are still being delivered within the regional deal-making community. This transaction was not part of any government backed scheme and should encourage good quality regional corporates and their advisors that credit is available in the regional market.
Haydon Simmonds, Banking & Finance Partner at Howes Percival, commented:
“We are delighted to have supported our client through this high value, complex financing. Transactions of this value in the regional market are few and far between, so to have delivered this in the current climate is really pleasing. This transaction further highlights the progress that the Howes Percival Banking & Finance team is making in the regional mid-market and further demonstrates our capability and credibility across this space.”
The Banking & Finance team at Howes Percival operates nationally across its six offices and is co-led by Partners Haydon Simmonds and Ian Ilersic. The team handles a range of Banking and Finance work (both Corporate Banking and Real Estate Finance) for both lenders and borrowers. The Banking & Finance team is supported by highly rated Corporate, Real Estate and Restructuring teams in each office.
For more details on Howes Percival’s Banking & Finance team, please visit our website here.