Jacqueline Heng
Addleshaw GoddardAddleshaw Goddard is 'the go-to law firm for social housing debt capital markets financing'. Acting for financial dealers, managers and trustees, the firm is increasingly involved in debt finance outside the social housing sector, though that remains its principal focus. Lead partner Beth Collett is 'incredibly knowledgeable, personable, very easy to work with, highly professional'. She advised Barclays Bank PLC, Lloyds Bank Corporate Markets plc and NatWest Markets Plc as joint bookrunners, as well as M&G Trustee Company as bond trustee, on £350m of sustainability bonds issued by Peabody Capital No. 1 plc. Up-and-coming partner Jacqueline Heng and real estate finance specialist Jennie Chilton play key roles in the firm's social housing finance work. Heng acted for issuer The Hospital Company (Swindon & Marlborough) Limited in a £159m LIBOR consent solicitation transaction to help it transition its issued privately-placed project bonds into the new SONIA benchmark.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'A strong social housing secured bond practice which covers both public bond transactions and private placements. Leading the team is Beth Collett, who brings many years of experience and is happy to discuss structures and ideas.'
- 'Beth Collett leads from the front and has a very strong level of technical knowledge of her product and is willing always to discuss ideas and provide guidance.'
- 'Beth Collett - efficient and no nonsense.'
- 'The team at AG has a deep understanding of us as a client and our needs. In negotiations they often already know which points to push on without me having to explicitly tell them - this is highly valued and saves time on both sides.'
- 'Beth Collett and Jennie Chilton are two outstanding individuals. They are incredibly knowledgeable, personable, very easy to work with, highly professional, and always willing to talk me through unfamiliar complicated concepts and advice. I thoroughly trust their judgement.'
- 'Addleshaw Goddard have a market leading debt capital markets team - they are the go-to law firm for social housing debt capital markets financing. The team, led by Beth Collett, is meticulous in its advice, clear in terms of deliverables and the most active in the sector.'
Key clients
- Barclays Bank PLC
- Centrus Financial Advisors Limited
- Deutsche Bank AG, London Branch
- HSBC Bank plc
- Lloyds Bank Corporate Markets plc
- M&G Trustee Company Limited
- MUFG Securities EMEA plc
- National Bank of Canada
- NatWest Markets plc
- The Hospital Company (Swindon & Marlborough) Limited
Work highlights
- Advising arrangers and dealers including NatWest Markets plc, Lloyds Bank Corporate Markets plc, Barclays Bank PLC, MUFG Securities EMEA plc, National Bank of Australia, Banco Santander, S.A., HSBC Bank plc, SMBC Nikko Capital Markets plc as arrangers and dealers in respect of programme establishments and updates for Platform HG Financing plc, Metropolitan Housing Trust Limited, Stonewater Funding plc, Notting Hill Genesis, LiveWest Treasury plc and VIVID.
- Advising National Bank of Canada on its structured note issuances.
- Advising M&G Trustee Company Limited (as bond trustee and security trustee) and Centrus Financial Advisors Limited (as sole solicitation agent) in respect of a breach of covenants by Swan Housing Capital plc and Swan Housing Limited in relation to the issue by Swan Capital plc of its £250,000,000 3.625 per cent. Secured Bonds due 2048 and subsequent consent solicitation exercise for the waiver of such subject to the completion of an acquisition of Swan Housing Limited by Sanctuary Housing Association.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
The lawyer(s) leading their teams.
Beth Collett