MacRoberts' Banking & Finance Group covers the full range of finance activities. We work with banks, lenders, credit enhancers, sponsors and borrowers throughout the UK and internationally across most industries and sectors. We have been instructed in many complex and high-profile transactions and also regularly deal with all mainstream finance matters.
Our experience covers all the principal services required by lenders, including bilateral and syndicated loans, secured and unsecured facilities, derivatives, integrated finance packages, senior and mezzanine facilities and VAT and tax advice. For borrowers, we advise on all aspects of their relationship with their lenders, including negotiation of credit documentation, securities and guarantees, interest rate and other hedging instruments, refinancing, leveraged finance and general banking law issues.
Our Banking & Finance Group are quoted in 'Chambers & Partners 2010':
- "Works hard to develop relationships with banks, understanding their cultures and priorities and providing highly commercial advice."
in 'Chambers & Partners 2009' as having:
- "A “strong presence” in the local banking and finance market..."
- "Clients prize the team’s “fantastic level of service” and say the lawyers are easy to work with...."
- "Norman Martin leads the department...He is highly regarded for his “thorough and reasonable approach” and “detailed understanding of the law combined with an extremely commercial manner.”
and in 'Chambers & Partners 2008' as follows:
- "...Clients praised the 'personalised service and partner involvement' and the 'quality advice at a reasonable price'. "
- "Norman Martin specialises in corporate banking and was described by clients as 'always lateral in his thinking and able to deliver what he says he will'."
While The Legal 500, 2007 edition, noted:
- "The 'excellent, well-organised' team at MacRoberts is well placed to offer banking advice on all finance matters."
MacRoberts' Banking & Finance Group covers the following areas:
Corporate Banking
We act for lenders and borrowers on a broad range of financing facilities. We provide a comprehensive service to international and domestic clients. We are members of the Loan Market Association and our corporate banking practice is regularly involved in:
- corporate lending and borrowing
- bilateral and syndicated loans
- secured and unsecured facilities
- advice on all financial documents and structures
- joint ventures
- refinancings
Acquisition Finance
We work closely with our respected Corporate Group in acting for financiers, buyers and sellers to ensure that transactions reach an efficient and successful conclusion, and on time. We have a wide range of experience in Scotland, the UK and internationally in all types of acquisition finance, including:
- leveraged buy-outs, buy-ins, MBO's, mergers and acquisitions
- senior and mezzanine finance
- private equity
- start-ups
Property Finance
We offer a one-stop service for clients, having experience of a wide range of projects in all sectors. We have been involved in some of the largest and most innovative developments across the UK retail, banking, industrial, office and transportation fields. We act for financiers, investors and developers and have extensive experience in all aspects of property finance including:
- acquisitions
- disposals
- securitisation
- joint ventures
- developments
- sale and leaseback
Project Finance
We have experience in a wide range of projects in all sectors. We act for sponsors, financiers, credit enhancers and public bodies and are active in PFI/PPP, energy, renewables, construction, transportation and water and waste. We advise on the financing of large scale projects and deal with:
- bank and capital market documentation
- equity and subordinated debt investments
- security structures
- joint ventures
- derivatives
PFI/PPP
MacRoberts was one of the first law firms in the UK to become involved in PFI/PPP and is established as one of the leading firms in this field. We have achieved financial close in over 45 PPP projects with a total capital value of over £4bn, including several significant and ground-breaking PPP projects, such as:
- the first NPDO PPP project in the UK
- the first education project in Scotland
- the first wastewater project in the UK
- the first government accommodation project in Scotland
- the first airport terminal project in the UK
- the first local authority PPP outsourcing project in Scotland
- the largest healthcare project in Scotland
- the largest education project in the UK
Insolvency & Corporate Recovery
We deal with all aspects of insolvency; from early advice to avoiding or dealing with financial difficulties, through formal insolvency procedures to litigation. We act for company directors, banks, financial institutions, partnerships, insolvency practitioners and accountancy firms. We advise on:
- administrations, receiverships, liquidations and voluntary arrangements
- restructurings
- refinancings
- security structures and realisations
Other Banking & Financial Services
The strength and depth of our Banking & Finance Group enables us to provide advice on all manner of other finance transactions, including:
- capital markets
- invoice discounting and factoring
- asset finance
- banking litigation
- opinion work
- derivatives
- regulatory & financial services
- tax
- consumer finance