Cases & Deals

Royal Bank of Scotland amends and restates facility for storage unit provider

Client(s) Royal Bank of Scotland Plc, The

Jones Day advised The Royal Bank of Scotland Plc in connection with the amendment and restatement of a £98 million (US$154.6 million) multi-option facility for a provider of self, bulk, and multi-site storage units, together with granting and perfection of new security over several property assets valued at £9 million (US$14.2 million) and associated consents, covenant cure, and amendments to financial covenants.