Macfarlanes has advised pub operator JD Wetherspoon on an amendment and extension of its revolving credit facility with a syndicate of nine international banks. The deal sees the overall facility amount increase to £670m and the maturity extended to March 2018.

The deal came just before the company announced record profits last week.

Julian Howard, managing partner of Macfarlanes, advised on this matter, supported by banking and finance senior solicitor Jonathan Keil. 

Julian Howard comments "JD Wetherspoon is a longstanding client which regularly draws on the strengths of our lawyers across a variety of areas of the firm. We were very pleased to advise on this transaction and continue our relationship."