Commercial. Pragmatic. Personal. That’s our advice in a nutshell.
We bring experience, insights and commercial expertise to all our banking and finance advice.
We advise and are panel lawyers for, amongst others, Metro Bank, Santander (UK), The Charity Bank, Triodos Bank UK, Handelsbanken, Unity Trust Bank and the Lloyds Bank in respect of its lending to the charity and not for profit sector.
In addition to advising banks and specialist lenders, we also support our corporate clients on secured and unsecured borrowing transactions.
But it isn’t simply the depth of our experience that sets us apart, it’s our personal approach. We build relationships and offer solutions.
We offer specialist support in structured and general corporate banking, social finance, acquisition finance, real estate finance and asset-based lending. We tailor our advice to each client’s needs – bringing in support from specialist teams across our firm to ensure you receive the best possible advice.
We advise borrowers and lenders across a wide range of sectors on syndicated and bilateral lending, invoice discounting arrangements, cross border structures, security and intercreditor issues.
As a long term member of the Loan
Market Association we understand the leveraged finance market, the changes
within it and the documentation which supports it.
We have a detailed understanding of
the funding and structural needs of our charity and not-for-profit clients. We also
advise the country's leading lenders to the charity and not-for-profit sector. Like
our clients Charity Bank and Triodos, we’re a B Corp, so we understand what it
means to be values-driven.
In addition to advising on lending and borrowing we also advise insolvency practitioners, banks, institutional investors, asset-based lenders, LPA receivers, corporate entities and company directors on insolvency law.
We also have outsourced arrangements with specialists who can provide regulatory advice for financial firms .
Bates Wells advised a leading sporting charitable trust in connection with various amendments to its banking facilities with a leading UK clearing bank. The transaction involved detailed advice and documentation around the switching mechanism to allow for the transition in Q3 2021 away from the current interest benchmark of LIBOR (London Interbank Offered Rate) to the recommended interest benchmark of SONIA (Sterling Overnight Index Average).
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.