Walkers’ Banking & Finance team has worked alongside Gateley Legal in advising Metro Bank on a £50m five-year lending deal with Darwin Leisure Development Fund which owns holiday parks in the UK.
The deal, comprising a £10m revolving credit facility and a £40m term loan, will provide Darwin Leisure Development Fund (DLDF) with flexible growth financing as it continues to develop and expand its portfolio of high-quality luxury parks and leisure facilities.
The Walkers team led by group partner Alex Wickens (main picture) and including senior associate Camilla Hobbs advised on the Guernsey law elements on the deal, as instructed by Gateley Legal.
Alex said: “We’re pleased to have supported this refinancing transaction, collaborating closely with the Gateley team. This exciting deal highlights our continued engagement in premium commercial finance opportunities.”
