While Bracewell acted as counsel to Adura, Herbert Smith Freehills Kramer served as lenders’ counsel, with Jefferies International acting as financial advisor to the firm.
Neil McCulloch , Adura’s CEO, commented: “This new RBL facility is a major step forward for Adura. It provides the financial strength and flexibility to deliver on our strategic plan and to continue supplying the UK with secure, reliable energy.
“We are grateful for the strong support from our lending partners and the excellent work of our advisors in achieving this important milestone.”