Oct 2021

Banking & Finance Corporate & Commercial

GBP 27m refinancing of loan with a UK bank for major IT investor in the shipping sector

Machas & Partners is acting as legal counsel for an IT investor in the shipping sector in refinancing its loan with a UK bank for an amount of GBP 27m, according to Loan Market Association.

Partner Tom Kyriakopoulos and Commercial, Corporate and Banking & Finance lead and team, support the company in reviewing and negotiating the terms of the loan facility, advising on the various legal issues following Brexit, communicating with legal counsel in the UK, Greece and Cyprus on due diligence matters and assisting in the signing of the loan facility.