MoorcroftsMoorcroftsMoorcroftsMoorcrofts
Menu
  • Services
  • Team
  • Careers
  • Blog
  • Events
  • Contact

Moorcrofts advises MLL Telecom on secured revolving loan facility

secured revolving loan facility

Moorcrofts advises MLL Telecom on secured revolving loan facility

14th June 2021

Share this post

Moorcrofts recently advised longstanding client, MLL Telecom Ltd. on a secured revolving loan facility of up to 12 million Canadian dollars by Canadian lender, 2130337 Ontario Inc.

Peter Woolley (corporate partner) led the transaction, with support from George Johnson (corporate paralegal).

MLL Telecom is a licensed UK telecoms operator and owns wireless spectrum across the UK. They specialise in providing professional services and fully managed networks to the mobile network operators and national system integration services to the public sector. MLL has become a market leader for fully managed connectivity solutions and wider network services. It has recently been chosen to support the mobile operators to delivery of the rollout of their transmission services across the UK in supporting its 5G network rollout programme.

Shaun Ledgerwood, MLL Telecom chief executive officer, said:

“This is an exciting time for MLL as the company continues to experience rapid growth following significant new and repeat business successes, including from UK local authorities and the NHS. The provision of the revolving loan facility will assist us with our working capital requirements, and it will also help us to further accelerate business growth in key areas. Many thanks to the Moorcrofts team for the great work you did getting us to the point of conclusion to a challenging deadline.”

Peter Woolley commented as follows:

“Moorcrofts was delighted to advise MLL Telecom on the new loan facility, in view of our long relationship with the company. We hope that the new facility will be a valuable resource that enables MLL to consolidate its current position and drive further expansion in the telecoms and fully-managed networks sectors.”

Other professional advisers on the transaction included Herbert Smith Freehills (acted for 2130337 Ontario Inc).

Moorcrofts corporate team regularly acts for buyers, sellers and investors across a broad range of industry sectors. With a wide array of clients, from PLCs and household names to sole traders and partnerships, Moorcrofts has the expertise to advise on all aspects of corporate transactions. For more information about Moorcrofts corporate services, visit our corporate services page or contact a member of the corporate team.

Related Post

25TH SEPTEMBER 2023

Moorcrofts advises Wilson Partners on exciting move to new...

Moorcrofts advises Wilson Partners Limited on its move to new premises at TOR, Maidenhead. Moorcrofts Commercial Property Team has advised Wilson Partners, a leading accounting, tax and financial advisory business on a lease of new office...

27TH JULY 2023

Moorcrofts Shortlisted for Deal of the Year at Thames...

Leading corporate and technology law firm, Moorcrofts, has been announced as a finalist in the prestigious Deal of the Year category for its outstanding role in the sale of PCB Technical Solutions Ltd (PCB). The recognition comes as part...

Recent Posts

  • Moorcrofts advises Wilson Partners on exciting move to new premises

    25th September 2023
  • Moorcrofts Shortlisted for Deal of the Year at Thames Valley Dealmakers Awards

    27th July 2023
  • Moorcrofts has had a SpecialEffect

    12th June 2023

Get in touch

team@moorcrofts.com
T. +44 (0) 1628 470000
F. +44 (0) 1628 470001
LinkedIn Twitter

Find us

Thames House
Mere Park
Dedmere Road
Marlow
Bucks
SL7 1PB
The Legal 500 – The Clients Guide to Law Firms Firm Logo
Moorcrofts LLP is a limited liability partnership registered in England and Wales under number OC311818. Partners: Andrew Katz, Theresa Hunter, Julia Ferguson, Kate Prentis, Matthew Jenkin, Peter Woolley, Tim Astley and William Pearce. Authorised and regulated by the Solicitors Regulation Authority (number 419658) VAT no. GB 727298404

"Partner" means a member of Moorcrofts LLP or a person of equivalent status, qualification and experience

Privacy and cookies  | Service and price transparency  | Complaints

© 2023 Moorcrofts LLP, All Rights Reserved.