Greggs plc’s £100 Million Revolving Credit Facility

Ashurst has advised Barclays and Lloyds Bank on the deal.

The transaction concerned the syndicated £100 million revolving credit facility for Greggs plc, a leading UK food-on-the-go retailer, with more than 2,000 retail outlets throughout the country.

Greggs plc (LSE: GRG) is a British bakery chain. It specialises in savoury products such as bakes, sausage rolls, sandwiches and sweet items including doughnuts and vanilla slices.

The Ashurst team was led by London global loans partner Nicholas Moore (Picture), supported by associate Edward Grant and legal executive Greg Scott. London tax partner Alex Cox, supported by associate Shayaan Zaraq Bari, advised on the tax aspects.

Involved fees earner: Shayaan Zaraq Bari – Ashurst; Alex Cox – Ashurst; Edward Grant – Ashurst; Nicholas Moore – Ashurst;

Law Firms: Ashurst;

Clients: Barclays Bank; Lloyds Bank;