Ashurst advised HSBC Bank, Lloyds Bank, The Royal Bank of Scotland, Abbey National Treasury Services and Barclays Bank as lenders on a £380 million revolving facility agreement provided to Kier Group plc - a property, residential, construction and services group - which was used in connection with the acquisition of MRBL Limited, the holding company of the Mouchel group, an international infrastructure and business services group.

The Ashurst team was led by banking partner Tim Rennie assisted by associate Andrea Thomas.