Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 01-10-2020 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Rolls-Royce Holdings plc New Term Loan Facility/Increase | Industry: | Aerospace & Defence |
| Description: |
Slaughter and May advised Rolls-Royce Holdings plc on its proposed recapitalisation package, which was designed to improve liquidity headroom, reduce balance sheet leverage and support disciplined execution and investment.
Rolls-Royce agreed commitments for a new two year term loan facility of GBP1bn and received an indication of support in principle from UK Export Finance for an extension of its 80% guarantee of Rolls Royce's existing GBP2bn five year term loan to support a potential increase in the loan amount of up to GBP1bn.
|
||
| Financial Center: | London | Value: | 1000.01-5000.00 |
| Advised Party: | Borrower | Law Firm | Slaughter and May |
| Borrower | United Kingdom | Lender | United Kingdom |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Steve Cooke |
