Mariche Chambers

Director

Languages spoken
French | Spanish | Portuguese | Italian

About Mariche

Mariche Chambers is a legal director in the banking and finance team, based in the Manchester office, covering projects and transactions nationally and internationally.

Mariche practices a wide range of banking and finance work, including advising on bilateral and syndicated transactions, and acting for a wide range of banks, financial institutions and corporate borrowers, with an emphasis on general corporate lending, real estate finance (development and investment) and restructurings across multiple sectors. She has particular experience in dealing with complex multijurisdictional and cross-border transactions, and has worked with several leading financial institutions and funds on precedent and template projects. She enjoys collaborating with clients, lenders, debt advisors and other parties to progress transactions from term-sheet stage through funding (and beyond), and her extensive experience means that clients often reach out when they need advice on developing innovative products and bespoke funding structures in the early stages of a transaction. Mariche has recently led the negotiations of one of the largest sterling-denominated Nordic bond raises in the UK energy sector and negotiated a first-of-its-kind loan establishing the use of a new stablecoin as a core collateral asset in the crypto market. Mariche has built strong relationships with a range of major corporate clients, as well as banks and sponsors in the North West and nationally.

Before joining the firm in September 2021, Mariche trained and qualified at an international top-tier law firm and spent seven years in the banking and finance team of another international top-tier firm. She has been practicing for 15 years.

Experience

  • Advised The Beach Group PLC on its most recent refinancing with Lloyds, HSBC and NatWest.

  • Advising Vital Energi on a £175 million fundraising through a Nordic Bond issue, the acquisition of the Port Clarence biomass facility in Teesside and associated restructure.

  • Advising Pharmacy2U in connection with its acquisition term loan and RCF facilities with Barclays.

  • Advising LMAX Group on its US$150 million loan with Ripple Labs Inc, a strategic partnership aimed to support LMAX’s long-term cross-asset growth strategy, with part of the facility being immediately utilised to mint US$100 million Ripple (RLUSD), Ripple’s stablecoin.

  • Advised EPIC Private Equity on funding the acquisition of LSA and its senior and second lien financing of Rayware.

  • Advised Chiltern Capital on funding numerous acquisitions, including those of Surepharm and SiXworks.

  • Advised Leisure Resorts in connection with its loan facilities from National Westminster Bank to develop several holiday parks in the North of England, and subsequent refinancing and disposals & CapEx programme.

  • Advised Leeds City Region Revolving Investment Fund on several finance facilities, including those to fund the refurbishment of office space at Leeds Dock, as well as the regeneration and development of Station Apartments in Dewsbury.

  • Advised Arbuthnot in connection with its invoice discounting, property and term loan facilities to an international group of companies, as well as on the subsequent restructuring of those facilities following a group reorganisation and strategic acquisitions programme.

  • Advised Rothschild in connection with its secured property investments in Five Valleys Stroud, Gainsborough, Hitchin Industrial Estate and Queens Square Brighton.

  • Acting for ECI Partners in connection with facilities for the acquisition of the BCN Group.

  • Acting for a wide variety of clearing banks and borrowers in connection with the switch of facilities from LIBOR to risk-free rates.

  • Advising a high-profile drinks manufacturer and distributor regarding the restructure of its financing arrangements, including negotiating a complex settlement with outgoing investors.

  • Renegotiating various finance agreements on behalf of a university in the context of a wider commercial negotiation with its funders and lenders.

  • Acting for a large healthcare provider in respect of the banking and debt transfer elements of the sale of one of its divisions, including due-diligence and associated legal advice.

  • Advising a funder in respect of a £21 million senior development loan for the construction and development of a mixed-use property, including the negotiation of intercreditor arrangements with a mezzanine lender.

  • Advising several colleges and lenders following the government’s area review recommendations, dealing with the impact of proposed mergers and dissolutions on finance arrangements.

  • Developing, coordinating and delivering a major project for a high-profile lender, which reviewed and updated the bank’s internal legal opinion process in 37 jurisdictions.

  • Managing a large-scale review of a major lender’s CRE documentation (mid-market and SME), and liaising with the bank’s legal team to reflect policy and regulatory updates and standard commercial positions.

Credentials

Education
  • College of Law, L.P.C., 2009
  • College of Law, G.D.L., 2008
  • University of Nottingham, M.Sc., 2003
  • University of Bristol, B.A., 2002
Admissions
  • England and Wales, 2011

Expertise