Womble Bond Dickinson's (WBD) London-based Real Estate Finance team has advised lenders Barclays, HSBC, NatWest and Wells Fargo on a £400m loan revolving credit facility (RCF) for Helical Plc.

The facility replaces its existing £150m RCF and the £200m development facility on the company's largest asset, The Bower, London, EC1, both of which have been repaid.

WBD were appointed as lead co-ordinator on the transaction managing overall delivery and co-ordinating input from ten law firms in England and Jersey. The project was led by Nicola Giddens, who joined the firm as Real Estate partner in May. The transaction was a great example of WBD collaboration with cross departmental support. The Real Estate team led by Nicola, comprised of Joseph DeanEmily Gascoyne-RichardsPaul HunterHeidi Allen and Will Fraser.  

Banking was led by Charlie Reid, with assistance from Alex Louch and Angie Bamboulis. Alex Hirom and Angela Lopes advised on the construction elements of the project, and Frances Everett and James Garbett dealt with planning.

Nicola Giddens, Real Estate Partner at WBD, commented:

"It was a great pleasure working with the teams at Barclays, HSBC, NatWest and Wells Fargo and Helical Plc. This transaction demonstrates the capability and expertise of the firm's London office to manage and deliver sizeable property portfolio financings and complex syndicated transactions."

Ranking in the UK's top 20 law firms, WBD provides legal expertise across a range of sectors including Financial Institutions, Insurance, Public & Government Services, Energy & Natural Resources, Healthcare, Manufacturing, Real Estate, Retail & Consumer, Transport, Logistics & Infrastructure, Pharmaceuticals, Biotechnology & Life Sciences, Technology and Private Wealth.