Contact details

Jonathan Proctor

T: +44 20 7809 2207 Email Jonathan | Vcard Office: London

Jonathan Proctor Partner

Contact details

Jonathan Proctor

T: +44 20 7809 2207 Email Jonathan | Vcard Office: London

Jonathan is a partner in the firm's banking team. He has a strong reputation across a range of debt finance transactions with a focus on real estate finance, debt restructuring and corporate trusts. Jonathan is popular with clients who appreciate his strong transactional experience and commercial approach.
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Jonathan advises lenders, borrowers and other stakeholders on a wide variety of finance transactions across Europe, the United States, Asia and the Middle East.  Jonathan has also worked on a number of high profile restructurings involving bonds and bank debt and his clients include funds, joint venture vehicles, corporates, banks and corporate trustees.

He is popular with clients for his commercial awareness and forms a key part of the firm's banking team, which is characterised by its high quality and commercial approach. Chambers UK stated that "they are very good. They link their advice into the commercial background of the situation instead of just giving you the technical legal answer”.

Jonathan's recent high-profile instructions include acting for a syndicate of lenders on the £725 million refinancing of The Langham Estate, acting for Wells Fargo on a series of high value financings to funds controlled by Ares and acting on a complex tax-driven financial and corporate restructuring for a family of HNWIs secured on UK real estate.

Jonathan has also played a key role in developing the firm's real estate fund clients over recent years (acting on many real estate financings for funds managed by Schroders) and in expanding the firm’s client base generally.  Jonathan also leads the firm's relationships with The Royal Bank of Scotland plc, Sumitomo Mitsui Banking Corporation, Bank Leumi (UK) plc and BACB plc.

  • Real estate finance

Langham Estate

Advised the bank syndicate comprising HSBC, RBS, Wells Fargo, Helaba, Barclays, CACIB and SMTB on the £540 million refinancing of the Langham Estate. 

Henderson Retail Warehouse Fund

Advised the bank syndicate comprising Wells Fargo, Aareal Bank and Helaba on the £400 million refinancing of the Henderson Retail Warehouse Fund of 16 retail shopping centres. 

Wells Fargo

Advised on the £55 million financing to the UNITE Group to finance the acquisition of university accommodation in Stratford, London. 

Advised on debt facilities to the Ares Group and the Prestbury Group to acquire portfolio real estate assets in the UK.  
 
More: Real estate finance
  • Banks and banking
  • Real estate investors and developers

Ultra-high net worth individual 

Advised vehicles controlled by a borrower in securing debt facilities to acquire shares in a REIT listed on the LSE. The deal was high value and involved negotiating multiple facilities with multiple lenders including HSBC and Crédit Agricole. 

Langham Estate

Advised the bank syndicate comprising HSBC, RBS, Wells Fargo, Helaba, Barclays, CACIB and SMTB on the £540 million refinancing of the Langham Estate. 

Henderson Retail Warehouse Fund

Advised the bank syndicate comprising Wells Fargo, Aareal Bank and Helaba on the £400 million refinancing of the Henderson Retail Warehouse Fund of 16 retail shopping centres. 
 

Archirodon Group N.V. 

Advised Archirodon Group N.V, a leading construction group which specialises in construction of Ports and major civil engineering projects, on the refinancing of their $481 million syndicated unsecured revolving credit facility. 

Lavendon Group plc, extending and re-negotiating revolving credit facilities 

Advised on Lavendon's existing £50 million and €60 million revolving facilities and in issuing new loan notes by US Private Placement with a value of €35 million. Lavendon is a LSE listed plc and the market leader in the rental of powered access equipment in Europe and the GCC.  This deal involved close co-operation and co-ordination with lawyers across the US, Germany, France, Belgium and the Netherlands.

More: Banks and banking

Bideford UK

Advised vehicles controlled by a high net worth individual on a corporate and debt restructuring of the Group.  Jonathan also advised the Group on a refinancing of its debt funding arrangements.
 

TIAA Henderson

Advised on the €47.3 million refinancing of an Italian shopping centre with a TIAA Henderson Real Estate Fund entity as borrower and Deutsche Bank A.G., London Branch as lender.

Major UK real estate fund

Advised a major UK Real Estate Fund on a £100 million RCF provided by a large UK-centred bank to finance real estate investments.
 
More: Real estate investors and developers

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.