Collas Crill has acted for the Market Tech Group in a £900 million secured debt facility from AIG Asset Management (Europe), to refinance their existing facility with Nomura International and Bank of Cyprus.
Market Tech Holdings, the ultimate parent company for the Market Tech Group, is a Guernsey-incorporated AIM-listed company with a market capitalisation of £975 million.
Market Tech provides an online and offline retail destination, by pairing its online e-commerce business with some of the most iconic retail buildings in London, including the Camden Lock Market and Camden Stables Market.
Collas Crill's team comprised Partner Sean Cheong, Group Partner Nicholas Davies and Associates Simon Heggs and Shruta Nayak. The team advised on the Guernsey and Jersey aspects of the transaction while assisting Market Tech's onshore counsel, DLA Piper UK LLP.