We represent lenders and borrowers in a wide range of commercial lending transactions, advising on the structuring, documentation, and negotiation of credit arrangements tailored to business needs, risk profiles, and industry dynamics. Our experience includes secured and unsecured facilities, revolving and term loans, asset-based lending, and working capital solutions. 

We focus on key commercial drivers such as covenant structures, collateral packages, pricing, and enforcement rights, ensuring that agreements are both protective and workable in practice. We regularly handle cross-border financings, coordinating terms across jurisdictions, and aligning documentation with local regulatory requirements. Our approach emphasizes clarity, execution efficiency, and long-term relationship management.

Ashurst Perkins Coie represents direct lenders, private credit funds, sponsors, and borrowers in private lending transactions across a range of deal sizes and structures. Our lawyers understand the evolving private credit market and advise on structuring bespoke credit solutions tailored to specific investment strategies and borrower needs. 

We regularly address covenant design, collateral coverage, pricing mechanisms, and enforcement rights, with a focus on balancing flexibility and protection. Our experience includes cross-border private credit transactions and multilender arrangements, where execution risk and timing are critical. We help clients navigate negotiations efficiently while ensuring that credit terms perform as intended over the life of the investment. 

Ashurst Perkins Coie offers a sector-focused practice and experience across specialist lending asset classes, including bridging, development and other real estate backed assets, payment businesses, consumer lending, debt purchase, asset/auto finance, litigation finance, and other esoteric assets. We have a wealth of experience advising specialist lenders, asset managers, major banks, and alternative lenders and private capital institutions in the specialty finance sector. We understand that our clients require much more from us than technical excellence. They need us to understand their business and industries to provide them with elegant, relevant advice shaped by market insight. We take time to understand the nuances of the asset class and your strategic ambitions to ensure we provide advice and execution that enhances your market offering and drives your business forward.

Ashurst Perkins Coie has a developed and growing, internationally recognized fund finance team, with one of the largest groups of fund finance lawyers worldwide. Our lawyers act on market-leading deals and have helped shape the market as it stands today. Working with our leading fund formation, fund tax, and securitization practices, we advise lenders and borrowers on a wide array of financing solutions. We deliver integrated advice on leverage and bridge financing, implementing carried interest and co-investment schemes, and secondary transactions and management spinouts. We act on the full range of net asset value (NAV) financings, including traditional, hybrid, and preferred equity financings. 

We are at the forefront of the evolving NAV market, with notable experience advising on recent top-tier financings and contributing thought leadership in the sector. This work requires a deep understanding of the market and how financing arrangements interact with relevant fund, asset, and transaction structures. 

Ashurst Perkins Coie's infrastructure finance practice offers sophisticated legal experience in M&A, private equity, leveraged and acquisition finance, private public partnerships, project finance, project and utility bonds, and bank and bond transactions.  

We regularly act for sponsors, public sector agencies, contractors, equity investors, and debt financiers, giving us insight into the concerns of all transaction participants. Our lawyers work closely with our corporate, regulatory, and energy and resources teams, enabling us to deliver the most relevant, practical, and sector-specific advice.

Ashurst Perkins Coie’s highly reputed real estate finance practice has been involved in some of the highest-profile and most innovative transactions in the market globally. Advising lenders, borrowers, arrangers, sponsors, equity providers, fund managers, investors, developers, construction companies, and government authorities on high-value, complex, domestic, and cross-border real estate backed debt solutions worldwide. Our work in this area spans investment, development, restructuring, structured products, and innovative hybrid solutions. We also advise on a wide range of asset classes, including residential real estate, build-to-rent projects, business parks, hotels, hospitals and care homes, shopping centers, student accommodation, offices, and logistics and data centers.

Key real estate challenges: 
Developing and financing strategic and infrastructure-linked real estate projects involves complex stakeholder management, regulatory risk, and capital structuring. 

How we help: 
We support clients through the development and financing of strategic projects, including energy transition, transport hubs, and digital infrastructure. Our teams deliver integrated advice, ensuring successful outcomes in high-profile projects.

Fund financing is a growing sector that presents an opportunity to generate investment returns by providing loans to private market funds, including credit funds, private equity funds, real estate funds, and infrastructure funds. The market for lending to funds is likely to grow significantly in the years ahead as the size of private market funds also grows.

Ashurst Perkins Coie delivers integrated, tailored, and cost-effective advice that covers all aspects of fund finance. Our global investment funds team and global finance team work for many of the world’s largest banks, funds, and other industry participants. We advise on a range of financing structures, including subscription finance, secondaries financing, asset-backed facilities, hybrid facilities, and general partner facilities. Our lawyers have a long track record of successfully managing large, complex, multijurisdictional transactions.

Underwriters and issuers in high yield markets are under pressure to produce the best solutions in the face of multiple risk exposures, including default risk, interest rate risk, economic risk, and liquidity risk. They can benefit from the support advisers who have extensive experience in the markets and industries in which high yield investors are most active.

Ashurst Perkins Coie can help you with your complex financing needs globally. Our team delivers innovative advice on the full range of high yield products, including bridge-to-bond structures, bank and bond transactions, leveraged buyouts, liability management, and restructuring in developed and emerging markets. From Chinese property credits to European oil and gas, we understand the complexities in markets around the world. We also apply the latest deal techniques and experience in market dynamics to develop bespoke financing solutions, often involving multiple sources of funding.