Clearwater bolsters debt advisory team


Clearwater has strengthened its debt advisory capabilities with the appointment of Mark Taylor as a further dedicated debt advisory partner working alongside Chris Smith across the regions.

Taylor joins Clearwater from Ernst & Young, where he acted as an adviser and arranged debt packages for a number of high profile corporates across the UK.

Prior to E&Y he worked as a banker for the RBS Group for over 22 years, operating specifically within the large corporate arena. He worked exclusively with a portfolio of multinational corporates, arranging a range of bespoke facilities for clients including British Nuclear Fuels, SSL International PLC and Manchester United.

In his new role as co-head of debt advisory, Taylor will work with clients looking to raise additional debt or refinance existing facilities. He will be based in Clearwater’s Manchester office but will also strengthen capabilities across the UK.

Taylor said: “Historically, the largest source of funding for mid-sized companies in the UK has been from high-street banks. More recently, this has proved to be very challenging due to the unpredictable nature of the market. There is, therefore, a specific need for potential borrowers to present themselves in the best possible light and for robust structures to be put in place.

“It is my role to ensure that this is achieved and to ensure that corporates do have in place bespoke debt facilities that recognise the underlying characteristics of their business with appropriate terms and conditions attached– whether to refinance existing debt or for new projects such as mergers, acquisitions or expansion.”

Phil Burns, managing partner at Clearwater Corporate Finance, said: “We are pleased to welcome Mark on board to strengthen our debt advisory services, and his appointment reinforces our commitment to provide high quality advice to mid market companies.”

Taylor is as an associate of the Chartered Institute of Bankers and is a member of the Association of Corporate Treasurers.

View Marks full profile here.