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Stuart Brinkworth, head of Leveraged Finance in Europe and a partner in the Banking & Finance practice of the London office, is quoted in an article on the impact of the UK Prime Minister’s plans to shut down parliament.
“The proroguing of Parliament for a few days will be non-material in the judgement of PE sector investors and lenders into the UK market, save in as much as it appears to support a willingness to achieve resolution with the EU on Brexit. Our clients will continue to wait and see, still, on that basis, with an expectation of high deal flow afterwards in the next quarter, either with the resolution of Article 50 implementation and/or a general election resulting in a different approach. The key thing is certainty of outcome, whatever that is.”
“The proroguing of Parliament for a few days will be non-material in the judgement of PE sector investors and lenders into the UK market, save in as much as it appears to support a willingness to achieve resolution with the EU on Brexit. Our clients will continue to wait and see, still, on that basis, with an expectation of high deal flow afterwards in the next quarter, either with the resolution of Article 50 implementation and/or a general election resulting in a different approach. The key thing is certainty of outcome, whatever that is.”
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Katie Tibbitts
Senior PR Executive
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