Lloyds TSB Gallops into Corporate Finance Gap

Western Mail (Cardiff, Wales), January 25, 2007 | Go to article overview

Lloyds TSB Gallops into Corporate Finance Gap


Byline: By Sion Barry Western Mail

Lloyds tsb Corporate Markets has created a specialist corporate finance team to support companies across South Wales. The new four-person team, headed by Cardiff-based Jason Evans, will provide regionally based leveraged finance expertise. The corporate finance focus will cover management buy-outs, mergers, acquisitions and the restructuring of leveraged debt. Mr Evans said, 'Whilst Lloyds TSB Corporate Markets has a reputation nationally for corporate finance expertise, there was a clear gap in the market for a dedicated South Wales team.

'Many banks only focus on the larger transactions, but we believe that delivering specialist financial support to transactions with a debt requirement of pounds 2m plus is just as important as the big ticket deals.

'This team has been handpicked to include an excellent mix of corporate finance advisory and specialist corporate banking backgrounds.'

The corporate finance team will work closely with the existing commercial and corporate banking teams in the region. …

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