Environmental Due diligence for refinancing exercise
A full review of environmental risk was undertaken for a refinancing exercise, with hold harmless and reliance letters produced for the junior and senior lenders.
The process involved a full review of information held by the client and their dedicated contractors, including review of the management systems.
The reports apportioned a level of risk against 5 key performance items, reviewing all of the existing control measures being implemented.
Recommendations were discussed with the client where mitigations were deemed necessary, to ensure that all risks were adequately controlled.
Swan managed the process with the finance team, responding to queries and reacting to specific requests from lenders throughout the process.