Devonshires advise Tai Tarian on Private Placement and Loan Refinance

We are delighted to have acted for Tai Tarian on their recent refinancing, involving repaying their existing syndicated loan through a new £40m private placement and £55m of new bank funding and completion of full property due diligence on circa 3,800 units. The Devonshires team consisted of Julian Barker, Rachel Orgill-Harris, Luke Bevis, Michelle Pascua, and Ben Hahn in our Banking team and Chris Drabble and Rachel Eldridge in our Securitisation team. 

It was great to work with Nick Tagg and Matthew Sleight at Tai Tarian and Paul Stevens and Tom Miller at Centrus in getting the transaction completed in a very short turnaround.