Slaughter and May advised Whitbread PLC on an amendment to its existing £650 million syndicated bank facility, extending its maturity by two years to 4 November 2018, and introducing an option to extend the facility by a further two years beyond that date (with the consent of the banks at the time). The facility pricing was unchanged.

CONTACTS

Financing: Matthew Tobin (partner), Andrew Williams (associate); Tax: Mike Lane (partner), Joshua Mangeot (associate)