Ogier in the Channel Islands advises longstanding client on significant multi-jurisdictional transaction

Ogier's Banking and Finance teams in Guernsey and Jersey have advised a leading bank in respect of an acquisition facility to assist the bank's client with their ongoing organic growth through targeted acquisitions. 

Ogier provided detailed advice on all aspects of the acquisition financing and subsequent accession, reviewing and providing Guernsey law input on the senior facility agreement governed by English law, intercreditor agreement and global accession deed, as well as advising and assisting with the structuring of the Guernsey and Jersey security package. 
 
The security package included, among other things, security over the shares in entities regulated by the Guernsey Financial Services Commission and the Jersey Financial Services Commission, which added an additional layer of complexity to the structuring of the local security package. 
 
The Guernsey team was led by partner Paul Chanter, assisted by counsel Michaela Jesson, senior associate Jonathan Branch and paralegal Naledi Odiseng. The Jersey team was led by partner Kate McCaffrey, assisted by senior associate Kamogelo Sono and paralegal Michael McCarthy. Ogier worked with lead counsel Stephenson Harwood on this acquisition. 
 
Paul Chanter said: "We were delighted to advise our longstanding client, alongside the Stephenson Harwood team, in respect of this significant, multi-jurisdictional transaction. It is a great example of our strength and depth of expertise which allow us to assist our clients and their advisers on some of the largest and most significant deals in our markets."