Caroline Tatham

Counsel

Caroline represents lenders and borrowers on a broad range of domestic and cross-border financing matters, including real estate finance, syndicated and bilateral corporate lending and private placements.

Caroline specialises in real estate finance, advising on investment and development projects for commercial and residential properties. Her expertise spans a variety of sectors, including residential, retail, hotels, student accommodation, offices, retirement homes and healthcare.

Caroline’s lender clients include private and investment banks. On the borrower side, she advises a wide range of clients, including corporates, schools, charities, trusts, livery companies, institutions and high-net-worth individuals on their financing needs.

Secondments at a leading global investment bank and a major UK-based financial services group have given Caroline invaluable insight into client operations. This experience enables her to manage transactions effectively and with a keen commercial awareness.

Caroline provides specialist, tailored advice to both borrowers and lenders. She understands her clients and the markets in which they operate, and is able to offer clear and pragmatic solutions while minimising legal risk.

Private Banks and Wealth Managers

Caroline regularly advises private banks on both domestic and international lending transactions. She specialises in high-value deals, particularly those involving secured lending in the real estate finance and art finance sectors.

Private Wealth

Caroline has provided advice to high-net-worth individuals, family offices and trusts on various financing needs, including real estate financing, acquisition funding, investment lending, and personal lending and borrowing transactions.

Schools

Caroline advises nationally and internationally recognised schools on their borrowing requirements, including the financing aspects of school mergers and reorganisations. In addition to general bank borrowing, Caroline has expertise and experience in advising clients on private placements.

Charities and Cultural Organisations

Alongside our market-leading Charities team, Caroline advises charities and not-for-profit organisations on borrowing money, including the granting of security and the relevant provisions of the Charities Act. She also advises lenders on the nuances of lending to charities and the additional protections that lenders may require.

Work highlights

Hotels financing: advised a private bank on a £60 million financing of a new luxury five-star hotel in central London.

Retail parks/shopping centre financing: advised a real estate investment fund on a £40 million financing from a global insurance company, used to acquire a portfolio of retail parks in Scotland, England and Wales.

Bank guarantees for acquisition of African mining services: advised a client engaged in large scale contract mining services in West Africa in connection with two on-demand bank guarantees granted in its favour totalling more than $85.8 million.

Advising an ultra-high-net-worth individual on an investment: advised an ultra-high-net-worth individual client on their investment in a property company, including advice on its existing debt position, intercreditor arrangements, new loan funding and a personal guarantee.

Estates: advised a large private estate on multiple high-value debt facilities with a private bank. We also advised this client in connection with the issue and purchase of £105 million of unsecured, fixed interest private placement notes.

Loan to an individual: we advised a high-net-worth individual on his unsecured interest-free loan to a property development company.

Livery company: acting for a livery company on the issue and purchase of £17 million of unsecured, fixed interest private placement notes.

Religious institutions: advised a Catholic archdiocese on its secured £3.5 million loan to a charity and specialist school for children with learning disabilities, epilepsy and other complex medical conditions, established by a historic Catholic order of religious sisters.

Lending to charitable schools: advised a deposit-taking UK bank on its loan of up to £7.5 million across three tranches to a charity which operates specialist schools for children with autism.

Lending to an educational charity: advised a charitable institution, incorporated by an Act of Parliament, on its £30 million private debt placement. Our work involved advising the charity on the appropriate powers and authorisations required for the issuance under its constitution.

Lending to an Honourable Society administering educational activities: advised an unincorporated association in connection with the issue and purchase of £20 million of unsecured, fixed interest rate private placement notes. The funds raised through the private placement issuance were used to develop and refurbish a central London property owned by the issuer.

Lending to a trading subsidiary: specialist advice was provided from our charities and banking teams to a charitable parent company on making a secured £1.6 million revolving credit facility available to its trading subsidiary. The loan funds were used to further language education.