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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.
Financial Center: London Value: 1000.01-5000.00
Advised Party: Borrower Law Firm
Borrower United Kingdom Lender United Kingdom
Classification: Syndicated and Bilateral Loans Syndicated Loans
Lawyer Ian Johnson