Bates Wells represents leading construction and infrastructure company in its refinancing

Bates Wells advised a leading construction and infrastructure company on its refinancing with a syndicate of leading UK banks. The transaction involved detailed documentation and advice on the incorporation of the new interest benchmark rate of SONIA (Sterling Overnight Index Average) ahead of the transition away from the current benchmark of LIBOR (London Interbank Offered Rate) in Q3 2021.

Services
Banking & Finance
Sectors
Finance