Tim Rennie
Tim Rennie

Tim Rennie

Partner

London

+44 20 7859 1323 | +44 7876 615 209
tim.rennie@ashurstperkins.com

Introduction

Tim focuses on corporate lending, working with both financial institutions and corporate borrowers on acquisition financings (both public and private), corporate facilities and other secured and unsecured lending transactions.

Tim Rennie is a key industry leader in the market, reflected in him being the top ranked lawyer in EMEA by Mergerlinks in FY2024 through the advice he provides to financial advisers on UK public to privates. He has particular experience in acting for all stakeholders, including financial advisers, on public M&A financings. His experience includes working on debut and refinanced bilateral and syndicated facilities in both the domestic and international arena.

Tim is at the forefront of recent market developments, having acted for a major UK bank on the first three SONIA loans in the market and been heavily involved in IBOR transition work since then, including during 2019/2020 when Tim was a member of the FCA's Taskforce on Tough Legacy contracts.

Tim has also been involved in numerous transactions referencing Environmental, Social and Governance targets over the last few years.

Outside of legal practice, Tim is heavily involved in a number of the firm's key business initiatives, including Ashurst Perkin Coie's London LGBTI+ group, Spectrum.


  • Club of banks | 2026 | Acting on the revolving credit facility for SigmaRoc plc.
  • Club of banks | 2025 | Acting on the term and revolving credit facilities for Ebury Group.
  • McLaren Group | Advised as borrower on multiple term, revolver, asset and ABL financings.
  • Persimmon Homes Limited | 2025 | Advised client as borrower on its revolving credit facility provided by a syndicate of lenders.
  • Vedanta Resources Limited |2024 | Advised as borrower on a brand license fee facility agreement provided by multiple lenders.
  • Next 15 Group plc | 2023 | Acting for client as borrower in refinancing existing facilities for general corporate and working capital purposes.
  • The Berkeley Group | 2022 | Acting on the refinance of their term and revolving credit facilities with a club of banks.
  • A leading global investment bank | 2025 | Advised client as financial adviser to Permira on its £2.7bn recommended takeover of JTC plc.
  • Rothschild and DB Numis | 2025 | Advised clients as financial advisers to Primary Health Properties on its £1.79bn recommended takeover of Assura plc.
  • A leading global investment bank | 2024 | Advised client as financial adviser to Harp Bidco Limited, owned by CVC, Nordic Capital and Platinum Ivy, on their £5.3bn recommended takeover of Hargreaves Lansdown plc.

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