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Olswang advises Heron Tower Trustees on £400m Salesforce Tower refinancing

29 Apr 2016

Olswang has acted for the Trustees of The Heron Tower Property Unit Trust in connection with the successful refinancing of the Salesforce Tower, 110 Bishopsgate, London, EC2 by way of a £400m investment facility underwritten by ING and LBBW.

The Olswang team was led by Head of Real Estate Finance Andrew Besser and Head of Real Estate Jonathan Lewis and also included Partner Graham Chase and Senior Associate Lydia Hutchinson (Tax), Senior Associate Kate Norris and Paralegal Doyin Olugbemiga (Finance) and Associate Sam Morris (Real Estate).

"I was particularly pleased to act on this deal as I have been involved with the project since its inception," Andrew Besser added. "It highlights the strength of our Real Estate, Finance and Tax offerings and the value we bring to a client deal when advising across the board."

The banks were represented by a team from Baker & McKenzie led by Paul Hibbert and Sudhir Nair (Finance) and Stephen Turner (Real Estate).

Matter Type
Banking & Finance - Capital Markets: Debt
Industry
Other
News Category
Banking & Finance