Mishcon de Reya advises ASK on landmark senior loan facility for specialist care and education group

"Mishcon de Reya advised lender ASK on the completion of a senior loan facility to refinance a UK-based specialist care and education group owned by an affiliate of Blandford Capital LLP. The deal—ASK’s first corporate loan—was structured to reflect both operational performance and c. £90 million of underlying real estate value."

Mishcon de Reya advised ASK, the lender, on the completion of a senior loan facility to support the refinance of a UK-based specialist care and education group; the borrower was an affiliate of Blandford Capital LLP. The transaction comprised the completion of a senior loan facility to refinance the group's capital structure. The deal marks ASK’s first corporate loan and represents a significant milestone in its growth as a lender. The borrower required a lender capable of structuring a facility that aligned with both the business’s operational performance and the value of the underlying real estate, which is approximately £90 million. Daniel Lipman, Commercial Real Estate Partner at Mishcon de Reya, commented that the firm was pleased to have advised ASK on this landmark transaction, which demonstrates the innovative structuring required to support both operational performance and real estate value. Mishcon de Reya represented ASK with a team composed by: Daniel Lipman, Commercial Real Estate Partner; Nick Strutt, Partner, Real Estate Finance; Julien Amoruso, Managing Associate, Real Estate Finance; Giovanni Castronovo, Managing Associate, Commercial Real Estate; and Mackenzie Marston, Paralegal, Commercial Real Estate.

Mishcon de Reya advises ASK on landmark senior loan facility for specialist care and education group

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads