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Banking & Finance Team advises on £85m syndicated deal

The Banking & Finance team at Walker Morris have advised a club of three banks led by Lloyds on a £85m multi-currency revolving facility for Johnson Service Group.

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Johnson Service Group provide textile rental services and related services across a range of sectors throughout the UK. The company are the leading supplier of work wear and linen services to corporates and over 37,000 SME’s.

Philip Scott, Zara Shafiq and Joshua Waddington from the Banking & Finance Team at Walker Morris provided legal advice to the banks.

Philip Scott, Partner in the Banking & Finance team commented:

“We are delighted to have worked with the club of three banks on this syndicated deal. We hope that this multi-currency revolving facility will support Johnson Service Group and provide a solid platform for future growth.”

Philip
Scott

Partner

Banking & Finance

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Joshua
Waddington

Senior Associate

Banking & Finance

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