Flotations & Financing

Freshfields has advised Banco Espirito Santo on arranging a euro727m (£486.6m) commercial bank facility for the funding of the Portuguese Northern Toll Road Concession. Mota & Companhia led a number of Portuguese contractors which sponsored the project. David Winfield, banking partner at Freshfields, led a four-strong team on the deal. Company partner at Ashurst Morris Crisp John May, with banking assistant Steve Harris and company assistant Louisa Cilenti, advised the sponsors on UK law.