Linklaters and Talwar Thakore Associates (TTA) advised the lending and underwriting banks on Tata Steel UK Holdings, which took a term loan and revolving credit facilities of $3.05bn to refinance its bank debt.

Linklaters London partner Narayan Iyer, who had rejoined Linklaters a year ago from TTA, and Singapore partner Philip Badge, and capital markets partner Kevin Wong and TTA partner Rahul Gulati acted for the banks.

JSA and Slaughter & May advised Tata.

The new financing structure consists of a five-year loan of a €370 million, a six-year revolving credit facility for working capital of £700 million and a seven-year loan of €1.8 billion, with more favourable terms and pricing relative to the earlier debt, reported Mint.

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Like +1 Object -1 Quality 07 Nov 14, 18:11
AZB are pushing hard in the finance space. Quality firm - am sure they will do well, and this may illustrate an area to push harder in to make up for the potentially slightly lower revenue in M&A after AJ's departure.

Linklaters and TTA are leading law firms in the finance space. They are also pushing hard in the finance space and I have heard they have made some interesting mid-level hires.

The other market leader in finance is S&R, but they dont do banking, and now seem to be more focused on capital markets and trying to do more corporate work with Rajat moving to Mumbai.
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Like +9 Object -1 Anon 07 Nov 14, 19:50  interesting
Why does LI seldom report banking deals? Most of the deals reported on LI are in M&A or capital markets with occasional reporting of project financing deals.
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Like +1 Object -0 Anon 10 Nov 14, 20:56
Kian , care to reply to the above comment?
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