Clifford Chance

Clifford Chance advises Moto, the UK's leading Motorway Service Area operator, on a £835m investment grade refinancing

International law firm Clifford Chance advised Moto, the UK's leading Motorway Service Area operator, on a £835m investment grade refinancing.

The new debt package, structured as a common terms platform, comprises senior debt raised from a group of UK and international banks as well as core infrastructure debt investors. The financing is linked to several environmental and social objectives, including the provision of ultra-rapid charging for electric vehicles and gender parity across leadership levels within the group.

The Clifford Chance team was led by London finance partners Alexandra Dimsdale-Gill and Simon Williams assisted by director Lucinda Hamilton, senior associate Louise Baxter, associate Arpan Bhatt and trainee Hannah Tucker, with support from teams in derivatives, tax, capital markets and private equity.