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John Rochester

John Rochester

Guernsey
Mourant LP Partner

Peter Callus

Peter Callus

London
Associate

Mourant advises on £150 million capital raise

[Dynamic date]

26 April 2019

Mourant's Guernsey corporate team have advised long-standing client, LSE-listed LondonMetric Property plc (LondonMetric) on its successful £150 million private placement of blended fixed rate senior notes with US and UK institutional investors.

The private placement increased LondonMetric's average debt maturity significantly, further diversifying its funding sources and giving it greater flexibility for future re-financing.

The Mourant team was led by partner John Rochester and included Counsel Alex Davies and Associate Peter Callus who advised on the Guernsey aspects of the transaction, alongside UK counsel O'Melveny & Meyers LLP.