Sintons oversees group restructure for Malhotra Group
Sintons has overseen a group restructure for the Malhotra Group, which involved more than 100 properties and numerous businesses, as well as all of the Malhotra holdings being consolidated into one formal group that will in due course obtain PLC status.
RBS structured the £25m funding using the bank’s Funding for Lending Scheme (FLS), which is a government-backed scheme launched by the Bank of England and HM Treasury last July to provide more accessible funding to support SMEs with growth plans.
Sintons has worked with the Malhotra Group and its divisions for several years. Alok Loomba and Christopher Welch, partners in the real estate and corporate departments respectively at Sintons, oversaw the restructure.