Allam Marine secures 45m refinancing deal
Rollits LLP has advised diesel
power generator manufacturer Allam Marine Limited on a £45m
refinancing deal, to provide them with a greater degree of
flexibility and support to help sustain their growth.
The transaction, led by senior
partner Steve Trynka, involved Lloyds TSB taking charges over a
portfolio of properties. This was handled by our secured
lending specialist David Hextall, with John Flanagan providing
The completion of the
transaction - within just a few weeks - was made possible by our
long-standing relationship with Dr Assem Allam, the owner of Allam
Marine and Football League Championship side Hull City, and the
commercial approach taken by Lloyds TSB.
Posted on: 15/03/2013
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