Slaughter and May advised Derwent London plc on its new five year £100 million revolving credit facility with Wells Fargo

Slaughter and May advised Derwent London plc in relation to its new £100 million unsecured revolving credit facility with Wells Fargo. The facility expires in November 2025 and it replaces the £75 million revolving credit facility from the same provider which was due to expire in July 2022. There are two further one-year extension options and the margin is similar to that of the previous facility.