England - London • Finance

Ashurst

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Established in 2012 by Tim Rennie and Nicholas Moore, and now also including the expertise of recently promoted Briony Holcombe, Ashurst‘s dedicated three-partner corporate lending offering has the focus and resources to provide a very effective and cost-effective service to corporates and lenders across the spectrum of corporate lending activity. One of several in the team with in-house banking expertise, Moore has an excellent perspective, from both a creditor and debtor viewpoint, of the commercial and legal pinch-points of transactions and has deep involvement across a broad swathe of investment grade lending mandates. He has also been increasingly active advising on sustainability-linked loans, as has Holcombe for a lender focused client base, including on big-ticket underwritten facilities. Rennie rounds out the team at a partner level, and as well as his balanced debtor and creditor offering (which also includes a considerable volume of ESG-related syndicated mandates), is also a market-leader advising financial advisers on the cash confirmation process required by the Takeover Panel pursuant to public-to-private M&A deals. Counsel Darren Phelan is also recommended.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Proactive, capable and professional team.'
  • 'The individuals we work with all go the extra distance to get the job done.'

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Key clients

  • ABN AMRO
  • ANZ

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Work highlights

  • Acted for Deutsche Bank as financial adviser to Hestia Bidco Limited, an indirect subsidiary of Brookfield Infrastructure funds, on its approximately £4bn recommended cash offer for HomeServe plc.
  • Advised HSBC on its underwrite of a £400m acquisition facility and a £500m revolving credit facility made available to the Vistry Group for its recommended offer for Countryside Partnerships PLC.

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