Morris Homes’ £140 Million Capital Raising

Eversheds Sutherland and Addleshaw Goddard have advised housebuilder Morris Homes on the completion of a £140m capital raising.

Morris Homes announced the significant capital raising in partnership with Atlantic Park Strategic Capital Fund, which is contributing £140 million of new capital to Morris to support its continued strong performance and future development. Santander is also providing a £50 million revolving credit facility.

Eversheds Sutherland Corporate Partner Michael Birchall (Picture) led a team delivering corporate and structuring aspects of the deal, alongside a finance team from Addleshaw Goddard led by Amanda Gray, Divisional Managing Partner, Finance and Projects.

 

Involved fees earner: Amanda Gray – Addleshaw Goddard; Michael Birchall – Eversheds Sutherland;

Law Firms: Addleshaw Goddard; Eversheds Sutherland;

Clients: Morris Homes;

Author: Federica Tiefenthaler