Welsh legal finance team completes impressive 2017

Clarke Willmott Cardiff banking and finance team

The banking and finance team from the Cardiff office for Clarke Willmott legal firm have capped off 2017 having acted on deals topping £800 million in value during the course of the calendar year.

With an increasing client base following a growing number of successful tender appointments, plus a host of repeat instructions, the team from the Cardiff office of Clarke Willmott LLP is now looking forward to 2018.

The team, which is headed by partner Fraser MacRae and includes senior associate Bethan Evans and assistant Danielle Bowen has established an enviable reputation with national and international clearing banks, challenger lenders, social housing providers, local authorities and college trusts.

The scope of the Cardiff team’s work covers secured funding across all sectors and the team advises on all complex bilateral and syndicated lending, note issues and security arrangements for lenders and borrowers.

In the private sector, the team has seen an increase in the number of small and medium-sized development deals, which is encouraging despite the potential impact of Brexit, with the house-building sector in particular continuing to be buoyant.

Fraser said: “It’s been a very good year for the team here in Cardiff and although we’re based in the capital of Wales, our remit extends right across the UK.

“Clarke Willmott has such an established reputation for the quality of its social housing work, which means we’ve become one of the most trusted firms in this sector.

“This is great news, not only for the firm but for Cardiff, as we have been able to attract some of the best and most experienced specialists in the sector, who operate across Wales and England.”