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International Finance and Bank Credit Law Firms and Lawyers

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Practice Areas - International Finance and Bank Credit Law Firms and Lawyers

Deal Date: 01-07-2015 Practice Area: International Finance and Bank Credit
Deal Title: Ocado Group Amendment and Extension of Revolving Credit Facility Industry: Food & Drug Retailers
Description:
Slaughter and May advised Ocado Group plc on the amendment and extension of its existing unsecured revolving credit facility. The facility was increased from GBP100 million to GBP210 million and extended by two years, to 1 July 2019. The amendments also included improved pricing and increased covenant headroom. The participating banks are Abbey National Treasury Services Plc, Barclays Bank PLC, HSBC Bank plc and The Royal Bank of Scotland plc. Matthew Tobin.
Financial Center: London Value: 100.01-500.00
Advised Party: Borrower Law Firm
Borrower United Kingdom Lender United Kingdom
Classification: Syndicated and Bilateral Loans Syndicated Loans
Lawyer Matthew Tobin