Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 19-03-2020 | Practice Area: | Debt Capital Markets |
| Deal Title: | Glenhawk Private Bridging Loan Asset Securitisation | Industry: | Real Estate Investment & Services |
| Description: |
Ashurst advised Glenhawk, one of the UK's fastest growing challenger lenders, on a private revolving securitisation of bridging loans with senior funding being provided by J.P. Morgan.
Glenhawk offers short-term property development and homeowner loans. The company was recently authorised by the FCA and the new capital was to support Glenhawk's growth into the UK homeowner market. The facility represented the first time that J.P Morgan had invested in a private securitisation backed by UK bridging loans.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Originator | Law Firm | Ashurst |
| Assets Jurisdiction | United Kingdom | Issuer Jurisdiction | United Kingdom |
| Classification: |
Securitisation and Structured Finance RMBS |
Lawyer | Thomas Picton |
