Slaughter and May advised the Water Plus Group on the deal.
The deal concerned Water Plus Group’s new senior secured £70,000,000 receivables finance facility. The facility will be used for the general corporate and working capital purposes of the Water Plus Group.
Water Plus Group is a leading water retailer in the United Kingdom. The Water Plus Group is a joint venture between United Utilities and Severn Trent.
Slaughter and May’s team included Guy O’Keefe (Picture), Partner, Kieran Turton, Associate, Teddy Sasada, Associate and Cameron Anderson, Trainee.
Law Firms: Slaughter and May;
Clients: Water Plus Group;