Slaughter and May wins Banking and Finance Team of the Year at the British Legal Awards
The firm won the award for its work advising Burberry on its inaugural sustainable bond issuance.
International law firm Slaughter and May was awarded the title of ‘Banking and Finance Team of the Year’ at the British Legal Awards 2021, for its work advising Burberry Group Plc (Burberry) on its issuance of a £300 million 5-year sustainability bond.
The Bond was the first sustainability labelled bond issued by a luxury fashion company and diversified Burberry’s sources of funding. The judges praised the team’s “legal expertise and innovation combined with teamwork and a very positive client outcome.”
Partner Matthew Tobin, who led on the transaction said, “We are delighted to have won this awards, and it’s great that the judges recognised the innovative work of the team and the positive outcome for the client. We are pleased to have worked with Burberry on this transaction which was so key to their goal of becoming a more sustainable business.”
Slaughter and May worked closely with the in-house legal team at Burberry, including Edward Rash (General Counsel) and Glenda O’Hara (Principal Counsel) throughout the transaction. The Slaughter and May team comprised Financing Partner Matthew Tobin, Associates James Costi, Rebecca Sloan and Stuti Sarin, Tax Partner Mike Lane and Hong Kong Partner Peter Brien and associate Ariad Porat.