Keystone Law has advised the Belfast-based Kilmona Holdings on the refinancing of its group banking facilities with Fairfield Real Estate Finance in a deal worth in excess of £80m.

Kilmona is one of the largest and most established Northern Ireland property investment and development groups with vast experience in the end-to-end delivery of major UK and Northern Ireland property development schemes.

The Keystone team was led by the Northern Ireland team Managing Director John McMahon and included fellow Keystone lawyers Danny McKay, Jim Houston, Jonny Mullan, Lauren McGarry, and JP Irvine.

John McMahon commented:

It was a real privilege to represent the Kilmona Group in a very significant refinancing transaction for the province and to also be involved with Kilmona’s ongoing market-leading office developments and refurbishments in Belfast City Centre.

Patrick Kearney, Managing Director commented:

John and Danny and their respective teams at Keystone Law did a terrific job in a tight timescale to bring this refinancing deal to a close on schedule. As always, the Keystone Northern Ireland team displayed not only the legal expertise but also the acute commercial acumen required in such a deal to deliver the desired result for Kilmona.”

Fairfield Real Estate Finance were advised by the London office of Paul Hastings (Europe) LLP and Miller McCall Wylie LLP in Belfast.