£31 Million Refinancing of a Portfolio of Residential Properties in London

Collas Crill advised on the transaction

The Royal Bank of Scotland International Limited (RBS International) executed further amendment and restatement of a £31 million facility to Bazaar Investments Limited, Provincial Investments Limited, Harrow Regeneration Limited, Dandi Four Limited, Gallican Investments Limited and Dandi Wandsworth Regeneration Limited to refinance a portfolio of residential properties in London including an element of development finance to enable the borrowers to enhance their portfolio.

Collas Crill acted for both the lender and the borrower. The team acting for RBS International was headed by group partner Paul Wilkes, assisted by senior associate Tristan Ozanne and associate Ben Le Page. On the borrower side, the team was led by group partner Wayne Atkinson, with assistance from senior associate Gareth Morgan and associate Annabel Bishop.

The transaction involved providing Guernsey focused advice on the finance and security documentation and assisting with Guernsey corporate law matters.

Involved fees earner: Wayne Atkinson – Collas Crill; Annabel Bishop – Collas Crill; Ben Le Page – Collas Crill; Gareth Morgan – Collas Crill; Tristan Ozanne – Collas Crill; Paul Wilkes – Collas Crill;

Law Firms: Collas Crill;

Clients: Bazaar Investments Limited; Dandi Four Limited; Dandi Wandsworth Regeneration Limited ; Gallican Investments Limited; Harrow Regeneration Limited; Provincial Investments Limited; The Royal Bank of Scotland Group;