Banking, finance and capital markets

Mourant

Mourant fields a ‘prompt and knowledgeable’ finance group that has capability across the gamut of matters seen in the Cayman Islands. Major asset managers and investment banks are among those instructing the practice and matters handled include fund financings, matters in leveraged finance, CLOs, securitisations and warehousings. Alexandra Woodcock frequently advises leading finance institutions and private fund sponsors on structuring and executing financial transactions and restructurings. She co-leads the finance group with Catherine Pham, a senior transactional lawyer. Ramesh Maharaj is a noted advisor on private equity matters, restructurings and corporate finance transactions, while for joint venture arrangements and SPACs, Hayden Isbister is a key name. Senior partner Neal Lomax remains the contact at the firm for a number of international banks, and more junior partner Finn Howie specialises in fund finance, leverage finance, structured finance transactions and distressed debt restructuring. Andrew Grant is another younger example of the firm’s strength in depth, and counsel Marianne Wilson is frequently involved.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Mourant quickly became our go to for Cayman counsel due to the depth of their staff, their attentiveness and prompt and knowledgeable response. They have gone out of their way to build a personal relationship with us.’
‘Alexandra Woodcock and Finn Howie have built a fantastic rapport with our team and have taken the time to fully understand our business. They can both be relied on to answer any random question and provide industry colour and insight even when not actively engaged on a transaction.’

Key clients

Lloyd's Bank
Credit Agricole
Wheaton Precious Metals International Ltd.

Work highlights

Advised Lloyds Bank on a senior secured facility that included a £1.5bn equivalent term loan A facility, a $2.68bn term loan B facility and upsizing its revolving credit facility to £1 billion and related inter-creditor matters by and among the finance parties and the Flutter Group.
Advising Credit Agricole on Cayman Islands law aspects of a refinancing involving the extension of maturity in respect of approximately $2.6bn in LC cash collateralization and term loan liabilities under the group's facilities.
Advised Wheaton Precious Metals International on its precious metals purchase agreement and related financing with Lumina Gold in relation to Lumina's Cangrejos gold-copper project in Ecuador.