Slaughter and May advised Tottenham Hotspur on its issue of £525 million private placement notes

20 Sep 2019

Slaughter and May advised Tottenham Hotspur on its inaugural issue of £525 million private placement notes. The notes consist of a number of series with maturity dates ranging from 15 to 30 years. In addition to the notes, Slaughter and May advised Tottenham Hotspur on a new £112 million term loan facility with Bank of America Merrill Lynch and a revolving credit facility with HSBC. The proceeds of the notes and term loan facility will be used to refinance Tottenham Hotspur’s existing stadium financing arrangements on which Slaughter and May acted in 2017.

Contacts

Financing: Simon Hall (partner), Sarah Denton (associate); Real Estate: John Nevin (partner), Ben Redding (associate); Tax: William Watson (partner), Tomás McGrath (associate)


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