Nabarro advises John Laing Infrastructure Fund on capital raise and PPP acquisition
Nabarro has advised John Laing Infrastructure Fund (JLIF) on a share issue and prospectus that is expected to raise up to £240m.
This will allow JLIF, a FTSE 250 international investment company, to refinance its bank facility and acquire an additional portfolio of three PPP projects from John Laing Group and John Laing Pension Trust.
The multi-disciplinary Nabarro infrastructure team was led by corporate partner Kristy Duane and included projects and client partner Robin Baillie for acquisitions and financial regulatory partner Adrian Brown for complex, non-EU AIFMD-related advice.
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Mr Mitchell’s solicitors have been denied the ability to recover costs, estimated to be in excess of £500,000, because they failed to file a costs budget on time.
Nabarro has released the October 2013 issue of its Pensions Update, which discusses money purchase benefits among other topics.
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