LAWFUEL – The UK Law Newswire – The Award recognises an outstanding …

LAWFUEL – The UK Law Newswire – The Award recognises an outstanding year for the firm in the acquisition finance area, and in particular for the pioneering financing of Ferrovial’s acquisition of BAA led by Michael Bates.

The high profile Lawyer Awards celebrates excellence in the legal profession in private practice, the public sector, commerce and industry, and the Bar. Every year The Lawyer Awards attract hundreds of entries, and this year, winners were selected by 20 judges from City institutions and the media. This Award demonstrates the firm’s leading position in banking and restructuring.

The acquisition deal that was highlighted was one of the most significant infrastructure financings in the UK market and included a deeply subordinated perpetual debt facility with covenant lite features, which was the first of its kind in leveraged finance and has been proposed in a number of subsequent financings. Michael was assisted by Andrew Hutchins, James Boswell, Carol van der Vorst, Martin Forbes, Denzel Eades and Daud Khan, with Corporate assistance provided by Guy Norman and Patrick Sarch.

Global Head of Finance partner Mark Campbell commented: “Congratulations and thanks to all who contributed to this outstanding success – another example of our tremendously strong and broadly based global finance practice.”

For further information about this release contact Amelia Chan on +44 (0)20 7006 8224
Clifford Chance won “Finance Team of the Year -Banking and Restructuring” at The Lawyer Awards on Tuesday evening.

The Award recognises an outstanding year for the firm in the acquisition finance area, and in particular for the pioneering financing of Ferrovial’s acquisition of BAA led by Michael Bates.

Banking and Finance

The high profile Lawyer Awards celebrates excellence in the legal profession in private practice, the public sector, commerce and industry, and the Bar. Every year The Lawyer Awards attract hundreds of entries, and this year, winners were selected by 20 judges from City institutions and the media. This Award demonstrates the firm’s leading position in banking and restructuring.

The acquisition deal that was highlighted was one of the most significant infrastructure financings in the UK market and included a deeply subordinated perpetual debt facility with covenant lite features, which was the first of its kind in leveraged finance and has been proposed in a number of subsequent financings. Michael was assisted by Andrew Hutchins, James Boswell, Carol van der Vorst, Martin Forbes, Denzel Eades and Daud Khan, with Corporate assistance provided by Guy Norman and Patrick Sarch.

Global Head of Finance partner Mark Campbell commented: “Congratulations and thanks to all who contributed to this outstanding success – another example of our tremendously strong and broadly based global finance practice.”

For further information about this release contact Amelia Chan on +44 (0)20 7006 8224
Clifford Chance won “Finance Team of the Year -Banking and Restructuring” at The Lawyer Awards on Tuesday evening.

The Award recognises an outstanding year for the firm in the acquisition finance area, and in particular for the pioneering financing of Ferrovial’s acquisition of BAA led by Michael Bates.

Banking and Finance

The high profile Lawyer Awards celebrates excellence in the legal profession in private practice, the public sector, commerce and industry, and the Bar. Every year The Lawyer Awards attract hundreds of entries, and this year, winners were selected by 20 judges from City institutions and the media. This Award demonstrates the firm’s leading position in banking and restructuring.

The acquisition deal that was highlighted was one of the most significant infrastructure financings in the UK market and included a deeply subordinated perpetual debt facility with covenant lite features, which was the first of its kind in leveraged finance and has been proposed in a number of subsequent financings. Michael was assisted by Andrew Hutchins, James Boswell, Carol van der Vorst, Martin Forbes, Denzel Eades and Daud Khan, with Corporate assistance provided by Guy Norman and Patrick Sarch.

Global Head of Finance partner Mark Campbell commented: “Congratulations and thanks to all who contributed to this outstanding success – another example of our tremendously strong and broadly based global finance practice.”

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