Collas Crill has assisted Royal Bank of Scotland International (RBSI) with the amendment and restatement of a £23 million facility to Bazaar Investments, Provincial Investments, Dandi Harrow Regeneration and Dandi Four, to refinance a portfolio of residential properties in London.
The deal also included an element of development finance to enable the borrowers to grow their portfolio.
The transaction involved advising on an English law finance package, a security suite consisting of English and Guernsey law security, and Guernsey corporate law matters.
The Collas Crill team acting for RBSI was led by Group Partner Paul Wilkes, assisted by Senior Associate Tristan Ozanne and Associate Ben Le Page.
Collas Crill also acted for the borrower group, with a team led by Group Partner Wayne Atkinson, assisted by Senior Associate Gareth Morgan and Associate Annabel Bishop.