Ashurst advised longstanding client ICG, the FTSE 250 listed specialist asset manager, on new syndicated revolving credit facilities totalling £500m. The lender syndicate comprises nine of ICG's core relationship lenders.

The new facilities have been put in place to refinance a suite of existing bilateral debt facilities and for general corporate purposes of the Group.

The Ashurst team was led by banking partner Nicholas Moore, assisted by associate Elizabeth Street-Thompson.