Securitisation Expertise - EMEA 2018
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Securitisation Expertise
EMEA
2018A premier
securitisation team
A LEADING securitisation team Acting on the market’s most
with global reach significant transactions
Ashurst is a market leader in the field of securitisation. Our Ashurst has had leading roles in the key recent market
team in continental Europe cover all areas of specialisation transactions including advising Santander Consumer
in the field and our team in Australia is one of the largest in Bank AG on EUR 600 million securitisation of auto loans,
the market. In addition we have a network of specialists in ING Bank N.V. in relation to the Volkwagen Driver España
our offices in New York and Asia. Backed by an international 5 transaction, Cheyne Capital in relation to the mezzanine
network spanning 25 offices and including a leading notes issued in respect of the Brookfield securitisation of
global regulatory team, Ashurst has the expertise and a student accommodation portfolio, and Commerzbank,
depth of resources to advise on the most challenging of Landesbank Baden-Württemberg and Raiffeisen Bank
securitisations in the global markets. International AG on a EUR 150 million multi-currency and
multi-jurisdictional co-funding securitisation of trade
receivables for the WEPA group.
At the cutting Edge
We advise the full spectrum of securitisation participants,
of securitisation including issuers, arrangers, dealers, funders, originators,
Our innovative team has extensive experience in all trustees, agents and special purpose vehicle managers.
securitisation structures and asset classes. The team has
recently worked on many innovative warehouse transactions
and quasi-securitisation transactions in the domestic
and offshore markets involving a range of asset classes
and structures, including ABS, trade receivables, FinTech
securitisations, green securitisations, quasi-government
funding, CMBS, Islamic structures and bespoke derivatives.
Our securitisation partners also have significant experience
advising in relation to complex securitisation restructurings.
2 Securitisation Expertise | 2018Tier 1 in Capital Markets
Structured Finance &
Securitisation
IFLR1000 2011 – 2018
Experienced in a range NON-PERFORMING LOANS
of asset classes Our securitisation team also works closely with Ashurst’s
leading international portfolio transaction practice in respect
Our securitisation practice goes of portfolio acquisitions and subsequent securitisations of
beyond vanilla transactions. acquired assets. Ashurst has a market leading track record
in loan portfolio transactions and was one of the first law
Our accomplished team works on securitisation
firms to advise in the European portfolio market. The practice
transactions that involve a broad range of asset
offers a full service to market participants including sellers,
classes that includes:
purchasers, financiers, trustees and servicers and is the first
• Trade receivables choice advisor to a number of leading protagonists in the
• Auto loan and lease receivables and residual values market. Our team has advised on in excess of £100 billion
• Credit cards and other consumer debt of NPL resolution transactions across western and eastern
• Equipment loan and lease receivables Europe since 2012 alone.
• RMBS (including reverse mortgages)
• Real estate pre-sales contracts
• CMBS Financial services regulation
• Corporate credit Securitisation is a fast moving area where transaction
• Infrastructure assets structures are required to respond to changing regulatory
• Master Trusts standards. We are right at the forefront of regulatory and
• Covered Bonds industry developments which will impact the securitisation
• IP rights market and members of our team are active participants
in industry groups and market and regulatory initiatives,
including the Financial Markets Law Committee’s Banking
Scoping Forum and AFME. We have deep experience advising
market participants to navigate this ever changing landscape.
Securitisation Expertise | 2018 3Key securitisation contacts
Our team has advised on award winning transactions and are experts in assembling teams
of lawyers tailored to our clients’ specific requirements in order to execute transactions
across the globe.
Jonathan Walsh Martin Kaiser
Partner, Securitisation Partner, Securitisation
T +44 (0)20 7859 2238 T +49 (0)69 97 11 28 48
M +44 (0)7823 341112 M +49 (0)173 68 37 891
jonathan.walsh@ashurst.com martin.kaiser@ashurst.com
Jonathan Walsh is a securitisation partner in the Global Dr Martin Kaiser, LL.M. is a securitisation partner in our
Markets practice in London. Jonathan has acted on Global Markets practice in Frankfurt. He is a securitisation
numerous asset-backed transactions, involving multiple specialist, focussing on advising banks and companies,
asset classes across Europe for varied clients including particularly in relation to true sale transactions in respect of
originators, credit enhancement providers, servicers and on various asset classes, including auto loans, leases, consumer
term deals, as well as conduit and warehousing facilities. finance, NPL and trade receivables.
Fernando Navarro Thomas Picton
Partner, Securitisation Partner, Securitisation
T +34 913 649 851 T +44 (0)20 7859 3252
M +34 600 973 076 M +44 (0)7823 340 961
fernando.navarro@ashurst.com thomas.picton@ashurst.com
Fernando Navarro is a structured finance partner in our Thomas Picton is a securitisation partner in our Global
Global Markets practice in Madrid. Fernando specialises Markets practice in London. Tom specialises in securitisation
in financing transactions both through syndicated and and other structured debt Transactions. Tom advises Issuers,
bilateral loans, as well as in the area of derivatives, structured originators and arrangers with a particular focus on auto
products, securitisation and DCM. He has also participated ABS, RMBS and covered bonds. He has advised on a number
in a number of portfolio disposals transactions acting for of securitisations by first time issuers.
numerous Spanish and international banks.
4 Securitisation Expertise | 2018Annalisa Santini Timothy Cant
Counsel, Securitisation Partner, Financial Regulatory
T +39 02 85423424 T +44 (0)20 7859 3394
M +39 337 1174502 M +44 (0)7920 292 653
annalisa.santini@ashurst.com timothy.cant@ashurst.com
Annalisa Santini is a securitisation counsel in our Milan Tim Cant is a regulatory partner in the Financial Regulatory
office. Annalisa has acted on a wide range of banking, practice in our London office. Tim specialises in providing
securitisation and other structured finance transactions, financial services regulatory advice to a range of investment
assisting domestic and international banks, financial managers, brokers and banks. He has previously worked in
institutions as well as rating agencies. She has also been the FSA’s Markets and Infrastructure Department and HM
involved in structuring, negotiating and drafting secured and Treasury on MiFID II. His experience covers many aspects of
unsecured credit facilities and connected security packages. European and UK financial regulation.
Malcolm Charles Paul Miller
Partner, Corporate Trust and Agency Partner, Tax
T +44 (0)20 7859 3085 T +44 (0)20 7859 1786
M +44 (0)7823 341 231 M +44 (0)7711 918 760
malcolm.charles@ashurst.com paul.miller@ashurst.com
Malcolm Charles is a corporate trustee partner in our Global Paul Miller is a tax partner in London, specialising in UK
Markets practice in London. Malcolm has advised corporate and international tax planning. His practice focuses on
trustees and agents across the full range of international structured financial products and transactions, asset
and domestic bond issues, including corporate debt, management issues and fund structures. For many years Paul
convertibles, subordinated debt, programmes, repackagings, co-authored the leading textbook on the UK taxation of all
securitisations (including CMBS, RMBS and master trust aspects of debt and derivatives transactions.
structures), project bonds and CDOs.
“A good practice that is Dr Martin Kaiser’s “broad
good to deal with.” knowledge is a great asset, and
Chambers Global 2018 he always tries to find the best
Capital Markets: Structured solution from a legal perspective
Finance, Securitisation and to meet our business needs.”
Derivatives Chambers Europe 2017
Germany, Capital Markets:
Structured Finance
Securitisation Expertise | 2018 5Global network
Ashurst is a leading global law firm. We have 25 offices in 15 countries, including associated
offices in Jakarta and Jeddah, as well as alliance relationships with law firms in China and
India. With over 400 partners and 1,700 lawyers, we offer the international insight of a global
network combined with local market knowledge and expertise.
Brussels
Glasgow Frankfurt
London
Paris Munich
Milan
New York Madrid Beijing
Washington DC Tokyo
Abu Dhabi Shanghai
New Delhi
Jeddah Hong Kong
Mumbai
Dubai
Singapore
Jakarta
Port Moresby
Brisbane
Perth
Sydney
Melbourne
Canberra
Ashurst offices ADTLaw LLC (Singapore Formal Law Alliance)
Faisal Adnan Baassiri Law Firm (In Association with Ashurst LLP) Oentoeng Suria & Partners (Associated Office with Ashurst)
Indian Law Partners (Best Friend Firm with Ashurst) Guantao Law Firm (Joint Operation Office)
6 Securitisation Expertise | 2018Client acknowledgement
Clients say Jonathan Walsh is “a very knowledgeable
individual who is engaging and very supportive,” as well as
“very clear and unambiguous in his advice and guidance.”
Chambers UK 2018
Martin Kaiser is “highly trustworthy and an extremely
good negotiator.”
Chambers Global 2018
Malcom Charles is a “Good lawyer with solid expertise in
capital markets. Very thoughtful and responsive.”
IFLR1000 2017 : Capital Markets
Clients comment that Fernando Navarro is “really flexible in
negotiations and very pro-deal.” and “He knows my company,
knows our needs and delivers.”
Chambers Banking & Finance Spain 2018
Securitisation Expertise | 2018 7www.ashurst.com Broadwalk House, 5 Appold Street, London EC2A 2AG. T: +44 (0)20 7638 1111 F: +44 (0)20 7638 1112 www.ashurst.com. Ashurst LLP and its affiliates operate under the name Ashurst. Ashurst LLP is a limited liability partnership registered in England and Wales under number OC330252. It is a law firm authorised and regulated by the Solicitors Regulation Authority of England and Wales under number 468653. The term “partner” is used to refer to a member of Ashurst LLP or to an employee or consultant with equivalent standing and qualifications or to an individual with equivalent status in one of Ashurst LLP’s affiliates. Further details about Ashurst can be found at www.ashurst.com. © Ashurst LLP 2018 Ref D/8127
You can also read
