England - South East • Finance
Penningtons Manches Cooper LLP
Penningtons Manches Cooper LLP‘s team often dispenses advice to clearing and overseas banks on real estate, project, and leveraged financing issues. The ’very professional‘ John Chater leads the practice from Reading, utilising his deep knowledge of bilateral and syndicated transactions, and real estate investment finance. In Birmingham, senior associate Andy Rushfirth joined the team, contributing his experience in acting for specialist debt funds and alternative lenders in receivables finance matters.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The firm's practice is very strong in the mid-size direct lending market.’
‘John Chater is very professional and responsive.’
'A combination of broad expertise and technical specialism, alongside good local presence and active involvement in the local market.'
'Commercial approach and willingness to respond quickly and positively to urgent queries. Supported by a very customer centric and approachable team.'
'Definitely a personal approach. They look beyond just the legals to actually understand what you are trying to achieve. Can trust that they’ll get the job done and done well.'
'John Chater is our main point of contact. Straight talking and easy to work with, he’s become a trusted adviser.'
Key clients
- Santander UK plc
- AIB Group (UK) Plc
- Bergs Timber AB
- Punjab National Bank (International) Limited
- HSBC UK Bank plc
- Link Asset Services
- Bangkok Bank Public Company Ltd
- Bank of China
- Compass Box Delicious Whisky Ltd
- Hightown Housing Association
- Scarborough Group International
- Munroe K
Work highlights
- Advising HSBC UK Bank plc on the cross-border, multicurrency revolving credit facility and term loan to assist with the acquisition of a key target in the communications sector. The facilities constituted a $18m multicurrency term loan facility and £5m multicurrency revolving loan facility.
- Advised BioLite on an LMA facility based on sustainable principles, amounting to an initial commitment of $10m.
- Advised Compass Box Delicious Whisky Ltd. on its new £40m facility to assist with the acquisition and development of its new distillery.
Lawyers
Leading individuals
Practice head
The lawyer(s) leading their teams.
John Chater