Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
Deal Date: | 09-10-2015 | Practice Area: | International Finance and Bank Credit |
Deal Title: | Ladbrokes plc - Syndicated Loan Facility Agreement | Industry: | Travel & Leisure |
Description: |
Slaughter and May advised Ladbrokes plc with respect to a new GBP1.35 billion facility with a syndicate of relationship banks. The new facility had three tranches.
Tranche A GBP600m term facility due to mature in October 2016 and, subject to extension options, January 2018
Tranche B GBP400m revolving credit facility due to mature in October 2020
Tranche C GBP 350m revolving credit facility due to mature in June 2019.
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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 | Ian Johnson |