Superdrug’s £21.5 Million Corporate Headquarters Refinancing

In UK Foot Anstey, advised on the matter.

Foot Anstey advised Riyad Bank (London Branch) with a team including Zahir Nayani (Picture – Real Estate).

Riyad Bank’s London branch granted refinancing of Superdrug’s £21.5m corporate headquarters.  

Riyad Bank is one of the largest financial institutions in Saudi Arabia and the Middle East and provides a range of products and services for both retail and corporate customers that are fully compliant with the Islamic Sharia’.

Superdrug Stores plc is a health and beauty retailer in the United Kingdom, and the second largest behind Boots UK.

The Foot Anstey team, which led on all legal advice for Riyad Bank, included Partner Zahir Nayani (Picture), Kate Heard, Associate, and Leena Payyappilly, Associate. The team advised Riyad Bank on the real estate, banking and Islamic finance elements of the transaction, supported by Guernsey-based Collas Crill on the offshore elements.

 

Involved fees earner: Zahir Nayani – Foot Anstey; Leena Payyappilly – Foot Anstey;

Law Firms: Foot Anstey;

Clients: Riyad Bank (London Branch);

Author: Giulia Di Palma