Ultan Shannon

Expertise

Ultan advises both financial institutions and borrowers (individuals and corporates) on a wide range of domestic and international finance transactions including secured and unsecured lending, fund lending, asset finance, property finance, acquisition finance, construction finance, syndicated and bilateral loans, and structured finance. Ultan also has extensive experience in debt restructuring and has worked on a number of loan portfolio sales.

Experience

• Acting for Total Produce plc on the financing aspects of its agreement to acquire a 45% stake in Dole Food Company from  Mr. David H. Murdock for €300m
• Acting for NAMA in its provision of construction/development finance to the NAMA appointed receiver, as borrower, for the redevelopment of the Boland’s Mills site in Dublin
• Acting for JSC Properties Limited in the refinancing of the Jervis Shopping Centre, Dublin
• Acting for Five Arrows Direct Lending S.A. (Rothschild) in its financing of the acquisition by management, backed by Sovereign Capital, of Arachas Corporate Brokers Limited
• Acting for Lloyds Bank plc on the Irish aspects of the financing of the acquisition of DCC plc’s environmental division, DCC Environmental, by Exponent Private Equity
• Acting for Ulster Bank Ireland DAC in its financing of the acquisition of the Hilton Dublin Airport Hotel
• Acting for a European credit platform in its raising of a €500m secured subscription facility through an Irish Collective Asset-management Vehicle (ICAV)
• Acting for Green Property Investment Fund plc in its €750m refinance of Blanchardstown Shopping Centre
• Acting for a nursing home operator (charity) in connection with construction/development facilities for certain of its nursing homes
• Acting for various corporates including, but not limited to, Allergan plc, Total Produce plc, Mallinckrodt plc, Valeant Ireland, Accenture plc, and Seagate Technology plc in connection with their financing arrangements
• Advising various financial institutions on the drafting of their standard loan and security documentation
• Acting for various lenders and borrowers in the restructuring of their loan and security arrangements and acting for lenders through the enforcement process