Public sector finance

The public sector is funding investment in housing, infrastructure, regeneration and other projects through debt funding.  With our detailed knowledge and experience of advising key players in the sector, we can advise on all aspects of putting in place such funding.

The public sector invests through debt funding for a variety of reasons which range from lending money to private sector entities who are struggling to obtain the necessary funding in the conventional lending markets, to driving income generation from assets and facilitating smart investments. In the current environment debt funding has the benefit of generating a return.

We have considerable experience advising on a broad range of public sector funding structures for a variety of clients from local authorities to special purpose delivery vehicles, to Homes England - the national housing and regeneration agency for England. We regularly advise on investment funds to provide debt funding to private sector developers for housing and housing related infrastructure, setting up and funding wholly owned housing companies, creating joint venture structures to deliver capital and revenue returns in the public sector and large-scale self-build housing projects.

Our specialist debt lawyers have a broad understanding of the sector and advise a wide variety of clients on a range of different funding structures. We work together with lawyers across the firm to draw on expertise so as to advise on all aspects of a transaction including structuring, governance, public law, state aid, real estate, construction and planning.

We work collaboratively with our clients and their advisors to explore what structures will meet their needs and to advise and document accordingly. We anticipate that funding structures are set to develop further as local authorities and other public bodies explore developing land in joint ventures with private sector partners and potentially providing funding alongside private sector debt including conventional bank lending.

In brief

• Broad experience across all types of public sector finance transactions
• An in depth understanding of the sector
• Ability to call on a range of experts across the firm
• Ability to work with clients to meet their needs on innovative structures
• Ability to develop and adapt as thinking in the sector develops
• A specialised and pragmatic approach