Overview
We recently completed a £500k short‑term bridging facility for a UK‑based borrower, structured to refinance existing liabilities and provide near‑term liquidity.
Transaction Rationale
The borrower required a time‑efficient solution to repay a combination of unsecured debt and existing borrowings secured against a listed‑equity position, while maintaining flexibility over the timing of any asset sales.
Facility Profile
Security comprised an assignment by way of security over ordinary shares in an LSE‑listed company (held via a charged custody account), alongside an equitable charge over a UK residential property. The facility also included undertakings and negative pledges designed to preserve equity across the borrower’s wider asset base.
Outcome
The transaction completed on schedule with an enforceable security package over listed equities and real estate, enabling the borrower to refinance existing obligations and progress a defined repayment plan.