Representation of Centerbridge Partners Europe, LLP and Elliott Advisers (UK) Limited (as joint venture partners) in respect of their acquisition of a portfolio of non-performing loans secured against Greek real estate assets from the National Bank of Greece. The disposal consisted of c.12,800 secured NPLs (c.8,300 properties distributed across Greece) with a total principal amount of c. €0.9 billion. The financing of the acquisition was provided by Goldman Sachs International Bank, with HSBC as Facility Agent and Security Agent.
Representation of RBC Europe Limited as original lender, lead arranger and security agent under a £62.5 million facility agreement relating to GSA HSRE London 1 Limited's acquisition of The Curve, a multi-use property (including student accommodation, retail and residential units) located in London E1.
Representation of an infrastructure debt asset management company in connection with the £28 million financing of a student accommodation property in Glasgow and in connection with the £16.5 million development financing of Dagfa House, a student accommodation property.
Representation of a borrower client in relation to the financing of a portfolio of non-performing loans from Bank of America Merrill Lynch.