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. 

Financing
Simon Hall Partner
Susan Hughes Partner
Megan Dakers Associate

James Fletcher / Trainee