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Banking and Finance

Changes in the banking industry, as it adapts to the requirements of borrowers in the current economic climate and developments in the regulatory framework, have led to the banks refining their products and needing to adapt.

The structuring of banking facilities to achieve a balanced result for both lenders and borrowers, often dovetailing with existing facilities, requires a clear understanding of the commercial objectives of a transaction to meet the demands of the parties.

Our Banking and Finance team has broad experience advising on corporate banking facilities, acquisition finance transactions, working capital facilities and asset based secured lending matters. We act for lenders, borrowers and investors. Over the past years the department has grown rapidly acting for a number of the leading banks and financial institutions.

When acting for borrowers and investors we find that our experience working alongside lenders allows us to provide an extra dimension to the negotiation process.

We are able to apply our extensive experience to deliver a balanced approach in a cost effective and time efficient manner.

services we provide

We advise on the following:

  • facility agreements
  • security documentation
  • real estate finance
  • intercreditor agreements
  • syndicated loan transactions
  • asset based finance
  • mezzanine finance
  • invoice discounting/debt factoring
  • hedging arrangements

On banking matters, we can provide:

  • experienced advice on acquisition finance structures
  • reviews of loan facility and security documentation
  • advice on deeds of priority, subordination agreements and other intercreditor arrangements
  • reviews of third party guarantees and corporate benefit issues
  • specialised facility and property development documents
  • reports on title/certificates of title
  • collateral warranties and assignments of development agreements
  • due diligence reviews

Recent experience

Recent banking transactions include advising:

  • a property developer in connection with a restructured loan facility with a bank syndicate in excess of £85 million involving senior debt, mezzanine debt and intercreditor arrangements
  • a private investor group on a £9.5 million facility with a major international bank;
  • Close Brothers Limited on a wide range of property financing transactions;
  • an investor group in connection with the negotiation of a £9.2 million acquisition and development loan facility for a London property development;
  • on a number of receivership sales on behalf of United Trust Bank and Close Brothers Limited;
  • Jordan International Bank on various commercial property loans;
  • Ahli United Bank on a number of commercial and residential loans

What others say about us

Mundays LLP’s five-partner team acts for major global financial institutions. It also acts for a strong domestic client base of lenders and borrowers. The practice frequently handles cross-border financing matters and has deep expertise in US law mandates and structures. It is also becoming increasingly active in the area of Islamic finance. Practice head Mark Andrew is dual-qualified in UK and US law, and continues to handle the full spectrum of banking matters. He is assisted by Neale Andrews, who specialises in corporate finance and debt restructuring; and Gemma James, who has notable expertise in the real estate and aviation sectors.

The Legal 500 UK 2017

Strong capabilities in handling various banking and finance matters for both lenders and borrowers. Notable for its work with alternative lenders as well as its Islamic finance capability. "I think Mundays' strength is that they have people who are City firm calibre but with a local approach."

Chambers and Partners UK

Quick Contact

Mark Andrew


Tel: +44 (0)1932 590575