Slaughter and May advises INEOS on £150 million Grangemouth funding package supported by UK government

Slaughter and May advised INEOS on a bespoke £150 million funding package for its Grangemouth site. The transaction comprises a £75 million loan provided by National Westminster Bank plc and guaranteed by His Majesty’s Government (HMG), together with a £50 million grant from HMG. Securing this funding is expected to enable INEOS to upgrade key production units at Grangemouth, improve energy efficiency, reduce emissions and enhance the site’s competitiveness. Slaughter and May represented INEOS with a team composed by: Financing: Susan Hughes, Partner; Samay Shah, Partner; Caroline Phillips, Partner; Philippa Howell, Associate; Julia Shearer-Rivera, Associate; Zoe Samama, Associate; Zaid Wadii Batti, Associate; Sophie Wakefield, Trainee. Slaughter and May represented INEOS with a team composed by: Restructuring & Insolvency: Ian Johnson, Partner; Isabella Nieto, Associate. Slaughter and May represented INEOS with a team composed by: Pensions: Charles Cameron, Partner; Chloe Gamble, Associate. Slaughter and May represented INEOS with a team composed by: Corporate: Harry Hecht, Partner; Anish Rajpal, Associate. Slaughter and May represented INEOS with a team composed by: Tax: Gareth Miles, Partner; Gianni Prenol, Associate.

Slaughter and May advises INEOS on £150 million Grangemouth funding package supported by UK government

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