Slaughter and May advised Whitbread PLC on the renegotiation of the terms and tenure of its syndicated bank revolving credit facility (RCF) with both existing and new banking partners. The revised RCF has total commitments of £950 million and runs until September 2020 (with the option of two one-year extensions potentially taking the facility to September 2022).

CONTACTS

Financing: Matthew Tobin (partner), Andrew Williams (associate); Tax: Mike Lane (partner), Homyar Pahlan (associate).