Carson McDowell has a cutting-edge reputation in banking and financial services through our strong links with major lenders locally and globally, including Bank of Ireland, Bank of Scotland PLC, Barclays Bank plc, HSBC Bank PLC, Santander UK PLC, JP Morgan Chase Bank, Credit Suisse, First Trust Bank, Northern Bank Limited, Closed Asset Finance Ltd and Lombard North Central Plc.
We advise many of the major domestic financial institutions and many of the world's leading international banks, finance houses, investment managers, investment funds, insurance companies and other financial services firms operating in Northern Ireland.
Our specialist lawyers work with teams across the firm to provide comprehensive in-house support for clients managing multi-faceted corporate and financial matters. Our lawyers also accept instructions from leading law firms across the UK, the Republic of Ireland and further afield in relation to all aspects of banking and financial services.
What we do
- Asset Finance Leasing and Receivables
- Corporate finance
- Debt Securities
- Leveraged & Acquisition Finance
- Property Finance
- Invoice Discounting/Factoring
- Project Finance
- Energy and Renewables Finance
What Others Say About Us
Chambers and Partners UK 2019
What the team is known for
Respected practice active on behalf of both domestic and international banks. Advises on the full range of banking matters including acquisition finance, asset-based lending, and project financing. Also handles high-profile mortgage portfolio sales and complex refinancing. Capable of practising in both Northern Ireland and England & Wales.
Advised Cerberus European Investments on its acquisition of a large portfolio of non-performing loans from Ulster Bank.
Sinead McGrath heads the team's banking and finance practice, specialising in corporate and commercial banking as well as energy finance. Sources say that she is "very technically strong and astute on a wide variety of transactions."
The Legal 500 2019
What the team is known for
Carson McDowell has experience acting on the lender and borrower side of domestic and multi-jurisdictional transactions, with a particular focus on energy and real estate finance. The team is also active in advising leading financial institutions on lending to SMEs.
Acting for the Northern Ireland Investment Fund on its first investment in Northern Ireland, which involved a £22.5m loan to Oakland Group to finance the Merchant Square redevelopment in Belfast city centre.
Advising AES on the terms of margin finance facilities to be provided by Macquarie Bank to support trading on the Integrated Single Electricity Market (I-SEM).
Advising Prestige in relation to the refinancing of existing facilities with Ulster Bank and in availing of fresh facilities to fund the acquisition of shares in Octane London Market Limited.
Advising Deutsche Bank AG in relation to senior and mezzanine facilities being provided to Apollo to finance the purchase of the Tifco Hotel group (with two hotels in Northern Ireland).
Acting for Foresight Group on the initial acquisition and thereafter the debt financing of a solar photovoltaic development in County Down.
Highly regarded practice head Sinead McGrath advises leading banks, peer-to-peer lenders, corporates and energy suppliers, among others.
Northern Ireland Investment Fund, The Governor and Company of the Bank of Ireland/Bank of Ireland (UK) plc, Ulster Bank Limited and Ulster Bank Ireland Designated Activity Company, Allied Irish Banks plc/AIB Group (UK) p.l.c., Barclays Bank plc, Deutsche Bank, JP Morgan Chase, BNP Paribas, Northern Bank Limited trading as Danske Bank, Assetz Finance.