Expertise

Iain is an experienced Associate in our Finance & Projects Division, specialising in non-contentious transaction finance work. He has a particular focus on social and affordable housing finance and sustainability-linked finance. 

Recent transactions include advising: 

  • all four lenders on the merger between Great Places Housing Association and Equity Housing Group Limited and the restatement of circa £340m of debt facilities, creating a combined organisation with over £1.5bn of housing assets; 
  • The Royal Bank of Scotland plc on their first sustainability-linked loan in the sector with Bromford Housing Group Limited which included a margin ratchet down if pre-agreed environmental targets relating to the energy efficiency of existing stock were met by Bromford; and
  • all nine lenders on the circa £1.75bn refinancing of Peabody Trust, which was established on the merger of the Family Mosaic Housing, Peabody Trust 2018 and Gallions Housing Association Limited creating a new organisation with over £6bn of assets.