Slaughter and May is advising INEOS on a £150 million bespoke funding package for its Grangemouth site, supported by a £75 million loan guaranteed by His Majesty’s Government (“HMG”) and provided by National Westminster Bank PLC, and a £50 million grant from HMG.
Securing this funding package is expected to enable INEOS to upgrade key production units, improve energy efficiency, reduce emissions, and enhance the Grangemouth site’s competitiveness.
Further details can be seen here:
Financing
Susan Hughes
Partner
Samay Shah
Partner
Caroline Phillips
Partner
Philippa Howell
Associate
Julia Shearer-Rivera
Associate
Zoe Samama
Associate
Zaid Wadii Batti
Associate
Sophie Wakefield / Trainee
Restructuring & Insolvency
Ian Johnson
Partner
Isabella Nieto
Associate
Pensions
Charles Cameron
Partner
Chloe Gamble
Associate
Corporate
Harry Hecht
Partner
Anish Rajpal
Associate
Tax
Gareth Miles
Partner
Gianni Prenol
Associate