The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Reed Smith finance partner Phillip Slater has won the firm a new client by securing the mandate on TelecityGroup’s £200m refinancing.
Slater, who moved from Addleshaw Goddard to head the US firm’s London general finance department in November last year, had a longstanding relationship with the premium data centre provider.
He was supported by a multijurisdictional team for Telecity featuring London acquisition finance partner Lucy Newcomb, Munich managing partner Stefan Kugler and Paris commercial A DLA Piper team led by leveraged finance partner Peter Crighton advised joint arrangers Barclays, HSBC, Lloyds Banking Group and RBS.
ance partner Peter Crighton advised joint arrangers Barclays, HSBC, Lloyds Banking Group and RBS.
“This is a terrific result on a strategically important deal for a new client,” said Slater. “It underpins our ability to secure new relationships and deliver results based on our quality, commitment and market knowledge.”
Speaking about the transaction’s financing, he added: “Obviously it’s good to get this away with four banks. They did well to get all four to be joint arrangers.”