Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 16-03-2020 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Schroders plc Amendment of Syndicated Revolving Credit Facility | Industry: | Financial Services |
| Description: |
Slaughter and May advised Schroders plc in relation to the amendment and restatement of its existing corporate syndicated revolving credit facility agreement in order to switch the reference rate from LIBOR to the Sterling Overnight Index Average. This was one of the first syndicated credit facilities to be linked to the Sterling Overnight Index Average.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Borrower | Law Firm | Slaughter and May |
| Borrower | United Kingdom | Lender | United Kingdom |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Ian Johnson |
