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Portrait of Naomi Roper

Profile

Naomi is a partner in the banking and finance team with a particular specialism in social housing finance. She has decades of experience in advising both borrowers, including registered providers, and lenders and has built an exceptional track record in supporting her clients across all types of financing and capital markets transactions. 

Her expertise spans funding and security arrangements, including bilateral and syndicated loan facilities, equity funding, intercreditor arrangements, development and off-balance sheet funding, derivatives, intra-group loans, security trusts, joint venture arrangements and the restructuring of entire loan portfolios. 

As a capital markets funding specialist, Naomi has advised clients on bond issuances worth billions of pounds. Her experience includes private placements, public bond issues and setting up, issuing under and updating EMTN programmes. She also regularly advises on complex group restructurings, including loan portfolio due diligence and lender consent processes.

Naomi is a leading adviser in green, social and sustainable finance. She supports clients on green loans, sustainability linked loans and private placements and provides ESG training, impact reporting guidance and compliance advice. She contributed to the development of the Sustainability Reporting Standard for Social Housing and the LMA Sustainability Linked Loan Principles for Real Estate Finance. Naomi also sits on the City of London Law Society’s ESG committee and is a frequent speaker on ESG and sustainable finance.

Recent work highlights

  • Advising Sovereign Network Group on setting up its £1.5 billion EMTN programme. This included drafting the risk factors in the prospectus and negotiating all programme documentation, including the form of intragroup loan and security documentation.
  • Representing Vivid Housing Group on its £200 million loan facility from Saltaire Housing arranged under the government's Affordable Housing Guarantee Scheme.
  • Providing guidance to Poplar Harca on its entry into revolving credit facility agreements totalling £100 million with two separate funders, National Westminster Bank and Allied Irish Bank.
  • Advising Methodist Homes on the amendment and restatement of its £25 million loan with Allied Irish Bank, including reviewing and negotiating revised finance documentation.
  • Acting for a registered provider on the restructuring of its loans with three separate lenders, including amending and restating £135 million of revolving credit loan facilities and entering into a new £100 million term loan facility.

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP