Areas of Expertise
Natalie has a breadth of experience advising borrowers, lenders, private bond arrangers and trustees on a range of financial arrangements, including private bond issues, syndicated and bilateral loan facilities, intra-group funding agreements, facility restructurings, group re-financings and interest rate derivatives.
In addition to negotiating facility/bond documentation, Natalie also advises on security arrangements, working closely alongside the Property Charging Team.
Natalie’s primary specialism is advising issuers, institutional investors and private bond arrangers on multi-million pound private bond issues.
Prior to joining Devonshires Solicitors, Natalie was an Associate in the Banking Team at Addleshaw Goddard.
Natalie is recognised in the 2019 Edition of Legal 500 as being “extremely knowledgeable and very hardworking.”
Natalie graduated from the University of Manchester with an LLB in Law, before completing her LPC at BPP in Leeds.
Outside of work Natalie enjoys travelling, spending time with her young family, exploring the Yorkshire Dales and caring for her miniature Shetland ponies.
Natalie co-authored an article with Chris Dun of Brodies LLP on investing in social housing in Scotland compared to England which was published in Social Housing Magazine:
Natalie is the current chair of “Friends of Gomersal Primary School” a charity based in West Yorkshire which raises funds to provide additional resources for pupils at Gomersal Primary School.
One RP client recently said “I’m really impressed by the level of service provided by Gary Grigor and Natalie Swales for the latest loan we have just finalised. They were both proactive, available (email and to speak with) and went through the relevant bits / paperwork ‘in English’. In short they were fabulous!!!”.
Another RSL client added that Natalie is “very professional and really helpful”.
Natalie advised North Wales Housing Association alongside partner, Gary Grigor on the refinancing of its £35,000,000 banking portfolio which involved three new facilities totalling £62,000,000. Four of the five legacy banking relationships were refinanced in full through a new £39,000,000 long-term fixed rate loan from Scottish Widows.
Natalie worked alongside partner, Gary Grigor, to advise Onward Homes on the refinancing arrangements following the group consolidation.
Natalie advised on the refinancing aspects emanating out of the merger between Coast & Country Housing and Yorkshire Coast Homes, which formed Beyond Housing.
Natalie advised Pensions Insurance Corporation on a private placement with Eildon Housing Association, a registered social landlord in Scotland, her sixth private placement for a Scottish domiciled housing association since joining Devonshires.
Natalie worked alongside Gary Grigor, Julian Barker and Rachel-Orgill Harris on the Notting Hill Genesis merger and refinance of circa £1.98bn of debt which involved obtaining consent to the merger from Notting Hill Housing Trust and Genesis’ existing funders and restructuring certain of their existing financing arrangements.