Slaughter and May advised Wessex Water on the entry into a new £300,000,000 syndicated term loan bridge facility and the refinancing of three existing bilateral revolving credit facilities
Slaughter and May advised Wessex Water Services Limited on the entry into a new £300,000,000 syndicated term loan bridge facility and the refinancing of three of its existing bilateral revolving credit facilities (including, in each case, the increase of commitments from £75,000,000 to £100,000,000). The participating banks are Barclays Bank PLC, HSBC Bank Plc and National Westminster Bank plc and funds will be used for general corporate purposes.