Joshua has over 10 years of experience advising lenders, funds, sponsors, corporates and individuals on a broad range of secured and unsecured debt finance transactions.
He focuses on real estate finance, leveraged/acquisition finance, asset-based lending, venture debt, and distressed M&A transactions. His work includes advising on complex funding structures and refinancings, intercreditor and subordination arrangements, and the design and perfection of security packages.
Joshua acts for global and UK institutional lenders as well as bridging/alternative finance providers, regularly delivers cross-border mandates, and advises directors and guarantors on independent legal advice requirements.
Expertise
- Leveraged Finance
- Acquisition Finance
- MBO Finance
- Unitranche Structures
- Senior Debt
- Intercreditor Arrangements
- Real Estate Finance
- Development Finance
- Refinancing
- Bridging Finance
- Asset-Based Lending (ABL)
- Venture Debt
- Distressed M&A
- Private Equity
Experience
Leveraged Finance
- Acted for Chiltern Capital LLP on its acquisition of Rapid Repair Network Limited, negotiating the senior facility agreement, complex intercreditor arrangements (including deferred consideration) and security across the corporate stack.
- Acted for a group of pharmaceutical companies on a £55m term and revolving facility to refinance multiple lenders across seven jurisdictions.
- Acted for a manufacturing company on a £19m acquisition facility to fund the purchase of a group of companies.
- Acted for British Independent Utilities on a c.£15m corporate facility with a major UK bank.
- Acted for City & Country on a deep-discount bond with Beaufort Ventures as mezzanine lender, and intercreditor negotiations with Lloyds under a senior facilities agreement.
- Acted for a high-net-worth individual on a c.£25m syndicated facility for a hotel acquisition.
- Acted for a large banking group on a £25m revolving credit facility for a plc motor-finance and bridging-lender client, including amendments to the underlying LMA-based facility.
Real Estate Finance
- Acted for Al Rayan Bank Plc on a £300m+ programme of Sharia-compliant development and investment financings, structuring Commodity Murabaha/Ijara facilities, coordinating property due diligence, and creating bank precedents to accelerate execution.
- Acted for the borrower on a £30m cross-border acquisition facility for data sites in the UK and Ireland, negotiating LMA documentation, implementing a multi-jurisdictional security package, and delivering completion on an accelerated timetable.
- Advised on the acquisition and development of two hotels in the North of England for a major hotel developer, aligning senior and mezzanine funding with construction milestones and embedding robust fund-flow, security and step-in protections.
- Acted for the borrower on a £28m LMA facilities agreement backed by a complex multi-SPV property structure, re-engineering the covenant and security suite to fit the asset profile and sponsor requirements.
- Acted for a residential developer on a multi-lender £18.7m senior and mezzanine development facility, negotiating the intercreditor, sales-release and cost-overrun mechanics and driving conditions precedent to first drawdown.
- Acted for Smith Bradbeer Limited on the refinance of its substantial commercial property portfolio from Lloyds to NatWest, re-papering security across the estate, resolving title issues and consents.
- Acted for multiple short-term bridging lenders (including UAE-based financiers) on £200m+ of UK real-estate originations and refinancings, delivering rapid completions, robust security coverage, and managing cross-border funding and compliance.
Asset-Based Lending (ABL)
- Acted for Chiltern Capital LLP on its acquisition of Batt Cables Limited (£80m of term-loan and ABL commitments, cross-border and multi-party).
- Acted for Chiltern Capital LLP on the management buyout of Strata Products Limited, funded by equity, a term loan from Metro Bank plc and an ABL facility from SME Invoice Finance.
- Acted for CentreSoft Group Limited on its management buyout from Activision Blizzard (a Microsoft division), securing a £10m receivables facility from IGF and negotiating the loan and security suite.
Venture Debt
- Acted for Mizrahi Tefahot Bank Ltd on its first UK venture-debt transaction with Resi Design, negotiating intercreditor terms with existing investors (including ITV).
Distressed M&A
- Acted for Hilco Capital Limited on its investment into Real Good Food Group, drafting and negotiating a secured term-loan agreement, full security package and complex intercreditor arrangements.
- Acted for Coolabi Group Limited on the restructuring of a unitranche facility following its parent’s administration, including facility and intercreditor negotiations, releases and conditions precedent.
Corporate Facilities
- Working on a major international mandate for a North American client on a $35m financing across five jurisdictions.
- Acted for Dishoom on a Barclays working-capital LMA facility.
- Regularly advises high-street and challenger banks on intercreditor arrangements, redemptions, amendments to facilities and lender consents.
Private Equity & Sponsor-Backed
- Acted for Chiltern Capital on the MBO of Strata Products, combining equity, a term loan (Metro Bank plc) and an ABL line (SME Invoice Finance).
- Acted for City & Country on a deep-discount bond with Beaufort Ventures as mezzanine lender and intercreditor negotiations with Lloyds.
Technology & Digital Infrastructure
- Acted for a large technology company on a £25m term and revolving credit facility to support expansions.
International & Cross-Border
- Working on a $35m financing for a North American client across five jurisdictions.
Financial Services
- Acted for a large banking group on a £25m revolving credit facility for a plc motor-finance and bridging lender (LMA amendments).
- Acted for British Independent Utilities on a c.£15m corporate facility with a major UK bank.
- Regular adviser to high-street and challenger banks on intercreditor arrangements, redemptions, amendments and lender consents.
Property Development
- Acted for Heyford Homes on multiple development facilities.
- Advised a lender on development funding for 51 dwellings and a community centre, including full property due diligence and prioritisation.
- Acted for a large banking group on a £3.2m portfolio refinance across 13 mixed-use properties.
Healthcare & Life Sciences
- Acted for a pharmaceutical group on a £55m term & revolving facility to refinance lenders across seven jurisdictions.
Hotels, Hospitality & Leisure
- Acted for an HNW investor on a c.£25m syndicated facility for a hotel acquisition.
- Acted for Dishoom on a Barclays working-capital facility.
Please note: The experience list above may include examples of work completed prior to joining Keystone Law.
Career
Joshua qualified as a solicitor in 2016. Prior to joining Keystone Law in 2025, he worked at the following firms:
- Marriott Harrison
- Shakespeare Martineau