Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 15-11-2022 | Practice Area: | Debt Capital Markets |
| Deal Title: | NewDay Cards Series 2022-3 Floating Rate Asset Backed Notes | Industry: | Financial Services |
| Description: |
Slaughter and May advised NewDay Cards Ltd (NewDay) and its affiliates in relation to an issuance under NewDay’s master issuer asset-backed notes programme within NewDay’s existing Direct to Consumer (D2C) master trust structure.
The notes comprised £285,000,000 of Series 2022-3 Floating Rate Asset Backed Notes (the Series 2022-3 Notes) issued by NewDay Funding Master Issuer plc (the Issuer). The Series 2022-3 Notes use compounded daily SONIA as the reference rate.
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Originator | Law Firm | Slaughter and May |
| Assets Jurisdiction | United Kingdom | Issuer Jurisdiction | United Kingdom |
| Classification: |
Securitisation and Structured Finance Credit Cards |
Lawyer | Richard Jones |
