Top 10 Facility Agreements Solicitors in the UK

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71 firms matched Narrowed down from 305
Top Match: Poole Alcock 4.8 5,506 reviews

Facility agreements document the terms for borrowing under a debt facility, including term loan and revolving facilities, and set out drawdown, interest, covenants, security, events of default and repayment. A solicitor drafts and negotiates the facility, guarantees, security packages, intercreditor arrangements, and any hedging or ancillary documents, coordinates the loan documentation, and ensures conditions precedent are met before funds are drawn. They liaise with lenders, sponsors and advisers to protect the borrower or lender’s position.

What a solicitor handles in these matters

The solicitor handles the drafting and negotiation of the facility and security package, the intercreditor and hedging arrangements, and the steps required to implement drawdowns and enforcement, including events of default, covenants and representations. They ensure the documents align with relevant statutes and seniority/priority rules and manage interactions with lenders and agents to prevent gaps in security.

You searched for Facility Agreements specialists. Here are related areas of law to help you narrow down your results.

B P Collins LLP

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Tagged solicitor Mike Elliott

I used Mike Elliott for a dispute I had with a contractor. The service was excellent. Mike was really good at both marshalling the arguments for my case and taking the emotion out of it so that we put a clear and logical position to the other side. They quickly settled without me needing to commence full legal proceedings. I would fully recommend to anyone in a similar position to use Mike.