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    Ashurst advises Tritax Big Box on new £550m loan facilities

    Panels in the sunshine

    Global law firm Ashurst has advised longstanding client Tritax Big Box REIT plc on a new £400m unsecured revolving credit facility with a syndicate of its existing relationship banks and new lenders, alongside a new £150m bilateral sustainability-linked term loan facility provided by Barclays. The facilities are for general corporate purposes and to refinance existing indebtedness, as well as to support the company's investment and development activities.

    The Ashurst team was led by London global loans partner Nicholas Moore, supported by counsel Darren Phelan, senior associate Daniel Smith, associate Jacob Olamiju and solicitor apprentice Talha Abid.