People


Kate Curneen

Partner | Dublin
Banking and Capital Markets


Kate Curneen specialises in Banking and Finance, Capital Markets, Aviation and Asset Finance.

Kate is an experienced adviser on debt finance. Her practice covers structured finance, corporate and asset-based lending, debt capital markets, and aircraft leasing.

In recent years she has worked extensively on distressed and non-performing loan portfolios, advising vendors, purchasers and financiers on a range of restructuring, workout and refinancing scenarios.

Kate advises clients on regulatory matters, including: consumer and SME lending; authorisation and compliance issues; passporting; credit servicing; and arrears resolution. In 2015 she contributed to the Irish Debt Securities Association’s response to Ireland’s new credit servicing legislation.

Kate has spoken at industry events and is a regular contributor on banking and finance law to local and international industry journals, including The Financial Times, Finance Dublin, The Airfinance Journal, Alternative Credit Intelligence and HFM Week. Topics covered include: SME and consumer lending, enforcement of security, credit servicing, capital markets and aircraft finance and leasing. She is co-author with Cillian Bredin, a Dillon Eustace Financial Services partner, of “Britain, Brexit and Financial Services”, the headline article in the Law Society Gazette, December 2016 edition.

Kate is a council member of the Ireland Japan Association and holds a diploma in Aviation Finance and Leasing from the Law Society of Ireland.


Kate’s representative transactions include:

  • The lender, a real estate debt fund that is very active in the Irish and UK markets, on its provision of credit facilities in excess of €31m to an Irish-based borrower group to finance the acquisition and refinancing of 66 commercial and industrial properties in Co. Dublin.
  • The National Asset Management Agency on the sale of several multi-jurisdictional loan portfolios covering properties located in Ireland, the UK, the US and elsewhere.
  • A US fund on the restructuring and refinancing of three large hotel groups operating in the UK and Ireland.
  • The borrower, a real estate debt fund, on multicurrency “loan on loan” facilities provided to it by a global lender and which it “on lent” to underlying borrowers for the acquisition and refinancing of commercial real estate located in Ireland and the UK.
  • The senior lending banks in relation to a complicated re-organisation of underlying property collateral involving a portfolio of Irish retail/shopping centre assets. 
  • A client on its intra-group restructuring and its entry into GBP162m credit facilities provided by Citibank, N.A., London Branch. The client used the facilities, along with intra-group financing, to fund the acquisition of 75 care homes in the UK.
  • A lender on the refinancing of a significant retail property investment in Co. Dublin. Advice covered the client’s "loan-on-loan" financing agreement with an Austrian bank, and the subsequent amendment of the “loan on loan” facilities to finance additional “on-lending” to additional underlying borrowers.
  • A real estate investment fund on its refinancing of a landmark hotel, entertainment and conference venue in Co. Dublin.
  • A regulated fund on the third-party financing of its purchase of 197 apartments in Co. Dublin.
  • On the intra-company and senior loan financing of a £700m acquisition of a London-based and LSE-listed residential property development company.
  • A distressed asset fund on its purchase of a portfolio of around €500m worth of performing and non-performing loans. Advice covered recently-enacted credit servicing legislation.
  • Kinnerton Opportunistic Credits DAC on its issue of debt securities listed on the Irish Stock Exchange. Advice included the June 2016 issue of notes worth DKK 155m.
  • A US-owned Irish entity in the third-party bank financing of a new 41-storey, mixed use property in Southwark, London.
  • A commercial real estate finance company – the lender – on the refinancing by an Irish-based borrower group of multiple loans secured on real property in Ireland and the UK.


Related Practice Areas

Banking and Capital Markets

Education

University College Dublin

The Law Society of Ireland