Eugene F Collins promotes banking lawyer Ray Byrne to partner
Eugene F Collins has announced the promotion of banking lawyer Ray Byrne to partner, strengthening the firm’s team in a crucial sector for economic growth and recovery in the years ahead.
Mr Byrne joined the firm as a senior associate last November, having spent the previous five years in the finance department of a large international firm in Dublin.
Managing partner Mark Walsh said: “We have seen the emergence of new banking trends in particular in real estate financing with the entry to the loan markets of new providers of senior and mezzanine debt and the availability of institutional investment capital to support construction activity and significant growth in the build-to-rent market. We recognise the need to expand expertise and enhance our ability to collaborate with our broad client base to help navigate these changes.
“Ray Byrne brings invaluable experience working with domestic and international clients across all areas of finance law. He will complement the firm’s focus and outlook to further grow the banking team and I am proud to welcome him to the partnership.”
Libby Garvey, head of banking, added: “The banking sector in Ireland is evolving at a fast-pace and our team is at the centre of these developments. Ongoing advancements in fintech as well as an increased focus on sustainability are changing the ways that our clients do business.
“As we look towards a post COVID-19 economy, developments arising out of the programme for government such as enhanced stimulus packages for SMEs, a recovery fund for infrastructure development, the creation of a carbon-tax-funded Climate Action Fund and the prioritising of green finance strategies will have implications for banks and borrowers alike.
“Ray’s appointment will further develop our ability to service our clients to the highest level. This is even more critical given the challenges Ireland faces as the economy tries to recover from the COVID-19 pandemic.”
Mr Byrne specialises in finance transactions across multiple sectors. He advises both borrowers and lenders in relation to acquisition financing, real estate financing, development financing and on a range of products across various fund sectors. He also acts for domestic and international financial institutions on syndicated and bilateral deals and for direct lenders in relation to both senior and mezzanine facilities.