At Clifford Chance LLP, the social housing finance group predominately acts for funders and investors, including high-profile banks, as well as security trustees. The group is also instructed by new debt funders and equity investors. The department is co-led by Angela Shepherd and Paul Deakins; Shepherd advises clients on the property and project side of social housing transactions, while Deakins is sought after for his expertise in capital markets.

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Key clients

  • Situs Asset Management Limited
  • European Investment Bank
  • M&G Trustee Company Limited
  • NatWest Markets
  • Deutsche Bank AG London
  • Morgan Stanley
  • Royal Bank of Canada
  • HSBC Bank plc

Work highlights

  • Advised the Joint Lead Managers on the issue by Places for People Treasury plc of £500m 6.250% Guaranteed Sustainability Notes due 2041.
  • Advised a consortium of investment banks on a very high-value senior revolving development credit facility to a group of registered providers.
  • Acting for the Agent and the Funders on ongoing facility amendments relating to the affordable housing at the former Athletes Village in Stratford.

Lawyers

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Practice head

The lawyer(s) leading their teams.

Paul Deakins, Angela Shepherd

Other key lawyers

Bruce Kahl