Substantial Acquisition for UK client

Harrison Clark Rickerbys acted for a UK client in connection with a substantial acquisition of an international group of software companies.

The banking team advised the client in connection with a £32,000,000 senior multi-currency term and revolving credit facilities agreement entered into with a UK clearing bank to facilitate the corporate acquisition.

This included negotiating the LMA type facility agreement and ancillary security documents and assisting the client with the satisfaction of conditions precedent and conditions subsequent, including the accession of seven overseas group members to the facility agreement.