Our global securitisation and structured finance team offers a comprehensive service to an international client base that is well-balanced across the spectrum of market participants. We advise originators, senior and mezzanine lenders and equity investors on a range of products and asset classes.
We have extensive experience buying, selling and financing credit assets and origination businesses, including secured and unsecured SME and mid-market loans, auto and equipment leases, consumer loans, commercial and residential mortgages, trade receivables and supply chain financing, and platform and fintech lending. We advise arrangers and lead managers, corporate issuers, originators, credit enhancers, trustees, rating agencies and other market participants.
Our securitisation team is supported by a derivatives team who provide expert advice on all aspects of derivatives on both the buy and sell sides, including specialist product types and the negotiation of a suite of master trading agreements. We act on contentious and non-contentious matters, working closely with our disputes practice to add value to your business through our integrated knowledge of derivatives, regulatory and tax issues.
We also offer a full range of related services to financial investor clients, including private equity, sovereign wealth funds, investment banks and hedge funds.
MERRILL LYNCH INTERNATIONAL
Advising the arranger and lead manager on the public securitisation of equity release mortgages originated by More 2 Life and sold by RGA Americas which won Global Capital's "Overall Deal of the Year" as part of its EU Securitisation Awards 2021 and has been shortlisted for the IFLR "Deal of the Year" in the "Structured Finance and Securitisation" category of its Europe Awards 2021
WESTPAC BANKING CORPORATION
Advising in relation to the establishment of RMBS and ABS warehouse facilities for Westpac’s clients including Pepper Australia, RESIMAC, Australia Defence Credit Union, BMW, IMB, Ingram Micro and Wide Bay Australia
Advising on the ground-breaking £220 million securitisation of its landing and take-off slot portfolio at London Heathrow airport and, in respect of Virgin Atlantic's recapitalisation in September 2020, the addition of a new investor
BLUE MOTOR FINANCE
A specialist auto hire purchase originator and winner of the FT1000 fastest growing businesses in Europe, on a number of warehouse facilities and portfolio disposals and its inaugural c£350,000,000 Azure Finance No. 1 ABS
CREDIT AGRICOLE, BTMU and SOCIETE GENERALE
Advising on a French ABCP trade receivables securitisation for French companies in the building and public works sector
Advising on its RMBS term securitisation involving the issue of approximately A$800 million of residential mortgage backed securities
Insights and updates
Patrick is a senior finance practitioner with more than 20 years’ experience advising financial institutions and corporates on a broad range of complex financing transactions. He heads our debt capital markets and securitisation practice in Australia and is widely recognised as a leading lawyer in his field.