Liz Saxton

Of Counsel

Londra + 44.20.7039.5162

Liz Saxton has more than 30 years of experience advising on a wide range of finance transactions, with a particular focus on UK and cross-border real estate and funds finance.

Liz regularly advises borrowers of all types, including several listed property companies, cutting-edge joint venture structures, and real estate funds, on the full range of their debt financing requirements. These include subscription and equity bridge facilities (both in and outside the real estate sector), facilities for investment and development properties, and corporate-level term and revolving facilities across all market sectors, including retail, offices, industrial, logistics, and residential. In addition, Liz regularly advises on derivative transactions, including those linked to debt facilities and on a stand-alone basis.

Recent notable transactions have included advising LondonMetric Property in connection with a £700 million unsecured revolving credit facility from a club of five lenders coordinated by Barclays Bank plc and National Westminster Bank plc and advising a joint venture between a UK-based real estate company and a Canadian institutional investor on an acquisition facility used to purchase a portfolio of nine prime logistics assets in the United Kingdom for £286 million. She also has advised a newly established real estate fund on a US$250 million subscription-based credit facility provided by Wells Fargo and a UK-listed property company on the innovative hybrid financing of its pan-European portfolio of assets.

Esperienze

  • CBRE Investment Management closes CBRE Real Estate Partners 2 at $1.6 billionJones Day represented CBRE Investment Management (CBRE IM) in connection with the final close of CBRE Real Estate Partners 2 SCSp (REP2) and related subscription credit facility.
  • Banco Sabadell, Rabobank, and ING complete €261.97 million financing for five photovoltaic plants in Palencia, SpainJones Day provided legal advice to Banco Sabadell, Rabobank, and ING in connection with the financing for the construction, start-up, and operation of five photovoltaic plants in the Palencia region of Spain under construction named "Pisoraca 2", "Pisoraca 3", "Grijota III", "Grijota IV", and "Grijota V", totaling a nominal power of 244.7 MWp.
  • Real estate investment trust amends £90 million term loan facilityJones Day advised a real estate investment trust in connection with the amendment of a £90 million real estate finance loan facility with Canada Life and associated substitution of properties.
  • LondonMetric obtains £225 million unsecured revolving credit facility provided by club of lendersJones Day represented LondonMetric Property Plc in connection with a £225 million unsecured revolving credit facility provided by a club of lenders.
  • Oxford Properties acquires seven properties for £202.5 millionJones Day represented Oxford Properties advised by M7 in connection with the acquisition of a portfolio of seven properties located across the United Kingdom known as the Bow and Arrow portfolio for £202.5 million.