Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximatley 54 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Bank of America Merrill Lynch is Now Bank of America & BofA Securities

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has more than 193,000 employees, including nearly 148,000 in Europe.

The group’s three operating divisions are Commercial, Personal Banking & Services covering retail activities and specialised business lines, Investment & Protection Services specialising in a wide range of savings, investment and protection services and Corporate & Institutional Banking division offering tailored financial solutions for corporate and institutional clients.

Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

Clifford Chance is one of the world's pre-eminent law firms, with significant depth and range of resources across five continents. As a single, fully integrated, global partnership, we pride ourselves on our approachable, collegial and team-based way of working.

Clifford Chance's International Structured Debt Group is recognised as the leading global securitisation and structured debt practice with teams in the United Kingdom, Europe, Asia and the United States. We provide expertise, experience, quality and depth of resource in all key securitisation and structured debt product areas including asset backed commercial paper, conduits and conduits trades, real estate securitisation both residential and commercial whole business/corporate securitisation including information and utilization, financial institutions including consumer credit and auto loans structured products including CDOs, and funds based structures.

Our specialist team is led by a core group of partners with a strong real estate background who over many years have advised all classes of stakeholders on some of the most complex and high profile CMBS transactions. Our commitment to our clients is to use our depth and breadth of experience and market recognised expertise to provide an understanding of complex issues, innovative and practical solutions and sophisticated transaction management across the full spectrum of CMBS related products.

Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective, and insights we provide help investors to make important credit judgments with confidence.
Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
For additional information, please visit fitchratings.com.

Our mission is to provide trusted insights and standards that help decision-makers act with confidence.

We are a global integrated risk assessment firm that empowers organizations to make better decisions. Our data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With over 11,000 employees in more than 40 countries, Moody’s combines global presence with local expertise and over a century of experience in financial markets.

Morgan Stanley is a global financial services firm that maintains significant market positions in each of its business segments — Institutional Securities, Wealth Management and Investment Management. The Company, through its subsidiaries and affiliates, provides its products and services to a large and diversified group of clients and customers, including corporations, governments, financial institutions and individuals. A summary of the activities of each of the segments follows:

Morgan Stanley's Institutional Securities business seeks to provide corporate, sovereign, investor and other institutional clients globally with best-in-class products and services. Our Investment Banking Franchise leads landmark transactions with financial advisory, equity and debt underwriting, and financing services. In our Equities, Fixed Income and Commodities businesses, we provide sales, trading, research, content and technology to a broad spectrum of clients.

Morgan Stanley Wealth Management is one of the largest wealth management firms in the world with more than $2 trillion in client assets and more than 16,000 financial advisors. Our financial advisors deliver tailored solutions designed to help clients achieve their financial goals. We provide individuals, families, businesses and institutions with a wide variety of services: brokerage and investment advisory services, financial and wealth planning, access to credit and lending, cash management, annuities and insurance, and retirement services.

Our Investment Management business consists of traditional asset management, merchant banking and real estate investing activities. As one of the largest global investment management organizations of any full-service financial services firm, we offer institutional investors, intermediary clients and individual investors a broad array of equity, fixed income and alternative investments, and merchant banking strategies.

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in over 25 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. We are committed to supporting the environmental transition by aligning our financing balance sheet with a +1.5°C trajectory by 2050.

As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A, Moody's: A1, Fitch: A+, R&I: A+).

NatWest Markets helps corporate and institutional customers manage their financial risks and achieve their short and long-term financial goals while navigating changing markets and regulation. We do this by providing global market access, financing, risk management and trading solutions. Our products and solutions are centred across Currencies, Rates and Financing with our strategist and content experts offering fresh thinking alongside market-leading economic insights in the key economies where our customers do business. We’re committed to acting sustainably and responsibly and actively support customers in their transition to achieving broader environmental and societal goals, working with issuers and investors to develop holistic sustainability strategies. Our Securitised Products team is one of the longest established in Europe providing services and risk capacity to ABS issuer and investor customers in the primary, secondary, and private markets. This includes primary structuring and distribution, secondary sales, strategy and trading, bilateral private underwriting, warehousing and term financing. Our capability and expertise covers a broad range of asset types, from liquid prime to illiquids and SRTs. We operate from trading hubs in London, Singapore, Stamford, and Amsterdam with sales offices in the UK, the EU, the US and Asia.

S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), is a leading provider of credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. With more than 1.1 million credit ratings outstanding, approximately 1,400 credit analysts and a presence in 28 countries, we offer a unique combination of global coverage and local insight. We provide our opinions and research about relative credit risk; market participants gain information to help support the growth of transparent, liquid debt markets worldwide. Learn more at

Societe Generale, one of Europe's leading financial services groups and a major player in the economy for over 150 years, supports 30 million clients every day with 133,000 staff in 61 countries.

Our Group draws on our European roots to develop our business internationally. Our unique geographic positioning enables us to connect Europe, Russia, and Africa with major global financial centres in Asia and the Americas.

The Group combines financial strength, proven expertise in innovation and a sustainable growth strategy with the objective of creating value for all our stakeholders. We seek to be a trusted partner in the projects of those building tomorrow's world today.
This commitment guides our mission: to protect and manage assets and savings, finance projects, protect clients in their both their day-to-day lives and in their professional activities, ensure secure transactions and offer the best technological solutions.

At the heart of linking issuers and investors
Our asset backed products offering is the centre of expertise and single entry point for engineering, distribution and trading of ABS-type securitised products, trade receivables and structured loans. Our Asset Backed Products' activity is exclusively focused on clients - corporates, financial institutions, insurance companies - and investors in a wide sense, such as private equity, fund managers, specialised funds, hedge funds.
Our capability to embrace in an orderly and disciplined manner all structured credit activities on a global scale allows us to deliver you tailor-made credit backed solutions for our clients while ensuring proper risk control and management.

Barclays is a British universal bank.  We are diversified by business, by different types of customers and clients, and by geography.  Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

For further information about Barclays, please visit our website

Cadwalader, Wickersham & Taft LLP is proud of over 225 years of legal service to many of the world’s premier financial institutions, funds, Fortune 500 companies and other leading corporations, and individual private clients. As one of the world's most prominent financial services law firms, with more than 400 attorneys in our offices in New York, London, Charlotte and Washington, we have earned a reputation for crafting innovative business and financial solutions and developing precedent-setting legal strategies to achieve our clients' goals. Cadwalader’s securitisation and structured finance team is an acknowledged legal industry leader in the creation and structuring of Securitisations, CLOs, ILS, CMBS, RMBS, Derivatives and Marketplace Lending transactions. Cadwalader is the go-to firm for the market. 

DBRS Morningstar is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 3,000 issuers and 60,000 securities, we are the fourth-largest credit rating agency in the world.

DBRS Morningstar empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.

DBRS Morningstar is the next generation of credit ratings.

To learn more, visit dbrsmorningstar.com.

Through a network of securitization specialists encompassing more than 40 countries, Deloitte, in the U.S. and globally through the member firms of Deloitte Touche Tohmatsu Limited, has one of the largest groups of dedicated accounting, advisory and technology professionals in the world. Deloitte's specialists have the industry experience and know-how to serve clients throughout the securitization life cycle from origination, pooling, and capital raising to servicing, reporting, and operations support. Deloitte appreciates that securitization is a highly complex and intricate process which affects all parts of your business. Our interdisciplinary approach in addressing the complexities of these subjects enables us to offer tailored services that apply to the specific conditions for, and directions of, each client. Working closely with you, and your other advisors, we are able to gain an understanding of your needs and your objectives from both a structural and business perspective. Deloitte is then able to help you shape the most appropriate innovation solutions to help address the administration, accounting, compliance, and surveillance demands of today's market. Understanding our clients' needs and responding to them quickly, with consistent, knowledgeable advice and strategic ideas is the cornerstone of our client service philosophy. It has made Deloitte a leading global provider of accounting related services to the securitization industry.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations.

HSBC is one of the world’s largest banking and financial services organisations. Our global businesses serve around 40 million customers worldwide through a network that covers 64 countries and territories. Our customers range from individual savers and investors to some of the world’s biggest companies, governments and international organisations. We aim to connect them to opportunities and help them to achieve their ambitions.

Our purpose – Opening up a world of opportunity – explains why we exist. We’re here to use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.

ING is a global bank with a strong European base, serving large corporations, multinationals, and financial institutions in over 40 countries. For Wholesale Banking clients, ING provides specialized and sustainable lending, tailored corporate finance, debt and equity market solutions, payments, and cash management, as well as trade and treasury services. ING’s Global Balance Sheet Distribution team is our Wholesale Banking centre of excellence for securitisation & balance sheet management products, with a global reach given our on the ground presence in Europe, the US and Asia-Pacific.
Learn more at https://www.ingwb.com/

Linklaters advises on every type of structured bond transaction, including asset-backed commercial paper, auto-ABS, CDOs/CBOs, RMBS, covered bonds, CMBS, credit card receivables, hybrid project finance, loan portfolio sales and related financings, project bonds, receivables financings, WBS and utility financings. Linklaters has cross-border and multi-jurisdictional experience across all major securitisation classes and delivers a totally integrated structured finance practice across the UK, continental Europe, central and eastern Europe, the Middle East, Asia and the Americas.

Linklaters is a leading global law firm, supporting clients in achieving their strategies wherever they do business. We work as one united team, with a common focus on innovation, efficiency and agility – putting our clients at the heart of all we do.

Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in the Europe, North America and South America regions, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of 2021, Banco Santander had €1.15 trillion in total funds, 153 million customers, of which 25.4 million are loyal and 47.4 million are digital, 9,900 branches and 197,000 employees.

Santander Corporate & Investment Banking (Santander CIB) is Santander’s global division that supports corporate and institutional clients, offering tailored services and value-added wholesale products suited to their complexity and sophistication, as well as to responsible banking standards that contribute to the progress of society.

The smartest business solutions come when we work together – international, but operating as one integrated team.

Collaborative, agile and partner-led: that’s Simmons & Simmons. A law firm that challenges, creates new possibilities and offers opinion not just option. A law firm that acts as your business partner and works with you, not for you.

We focus on four highly regulated sectors – using our specialist skills to understand your business, and the forces at play around it. All grounded in exceptional knowledge of the legal detail.

This is how we consistently deliver smarter, more efficient ways to tackle our clients’ most complex challenges.

Ashurst is a market leader in the field of securitisation. Our team in the UK and continental Europe covers all areas of specialisation in the field and our team in Australia is one of the largest in the market. In addition we have a network of specialists in our offces in New York and Asia. Backed by an international network spanning 28 offces and including
a leading global regulatory team, Ashurst has the expertise and depth of resources to advise on the most challenging of securitisations in the global market.

With offices in all of the world's major financial centers, our securitization and structured finance lawyers have a deep understanding of the laws and business issues related to capital markets and local financial systems. In addition to our strong track record in the traditional financial centers of London, New York, Tokyo and Frankfurt, we are on the cutting edge of financing deals in emerging markets in the CIS, CEE and Turkey.

From structuring to documenting and closing, we tailor solutions to the financial, regulatory and tax requirements of each transaction across industries and jurisdictions. We advise corporates, commercial banks, investment banks and rating agencies on complex public and private term financing deals and single and multi-sector conduit securitizations and supply chain financings across asset classes.

We are widely recognized for our work on multijurisdictional, pioneering transactions.
 

BNY Mellon is a premier provider of corporate trust solutions to the securitisation and CLO markets, offering agency, trustee and administration services to help clients navigate the most complex financings globally. From pre-issuance through maturity, BNY Mellon Corporate Trust in EMEA offers access to resources, technology and solutions you need to readily execute your debt financing strategies. We deliver a wide range of issuer and related investor services and support stand-alone debt, debt restructuring, high yield bonds, money market instruments and structured finance.

We provide:

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and/or administration, and $2.3 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,000 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit : https://www.ca-cib.com/

For more information, please visit: https://www.ca-cib.com/ 

Credit Suisse is one of the world's leading financial services providers. Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland.

The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York.

Further information about Credit Suisse can be found at www.credit-suisse.com.
 

Founded in Paris in 1920, Gide is one of the leading international law firms. It operates from 11 offices worldwide and has 500 lawyers, including over 100 partners, drawn from 35 nationalities. Gide offers some of the most respected specialists in each of the various sectors of international finance and business law. Gide's Banking & Finance Group is one of the largest and most highly-regarded specialist teams amongst the major international law firms, offering French, English and U.S. banking and finance law capability as well as local law expertise throughout its world-wide network. Our lawyers have extensive experience in bank lending, capital markets and structured finance. Gide's Securitisation & Asset-backed Finance practice is recognised as an undisputed leader in its field by arrangers, rating agencies and originators alike. The Structured Finance group advises on all related regulatory and clearing issues, acting as such on a broad range of transactions - structured credit, synthetic securitisation and collateral management, FX, strategic equity, etc. In addition, the Derivatives & Structured Products group covers all types of products from plain vanilla swaps, options, forwards, CFD to exotic and esoteric structured products.

The Intesa Sanpaolo Group is one of the top banking groups in Europe and is an engine for sustainable and inclusive growth, with significant ESG commitment and strong focus on climate.

Intesa Sanpaolo is the leader in Italy in all business areas (retail, corporate, and wealth management) and has a strategic international presence, with approximately 1,000 branches and 7.1 million customers.

IMI Corporate & Investment Banking is a division of Intesa Sanpaolo. It aspires to be a global partner serving Corporates, Public Finance and Financial Institutions, on a national and international basis. The Division’s offer includes the following products and services: Commercial Banking, Transaction Banking, Structured Finance, Investment Banking and Capital Markets.

Kroll Bond Rating Agency, LLC (KBRA) is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and offering timely and transparent ratings.

At KBRA, we value new ideas and are wary of conventional thinking that stifles innovation. Collaboration across our teams is key to our success. We also strive to provide products and tools put forth by our KBRA Analytics group to assist the market in making more informed decisions.
 

KPMG in the UK is a leading provider of professional services, including audit, tax and advisory specialisms - delivering integrated solutions to our clients’ issues.

In the UK, we have over 12,000 partners and staff working in more than 20 offices. Being part of a strong global network of member firms gives us a truly global mind-set.

KPMG’s UK Securitisation team has over 25 years’ experience providing a wide range of support for Structured Finance transactions, including synthetic securitisations. We work with clients to deliver tailored solutions throughout the transaction lifecycle, including trade set-up, replenishment, and default event/loss verification procedures. 

Latham & Watkins delivers innovative solutions to complex legal and business challenges around the world. From a global platform, our lawyers advise clients on market-shaping transactions, high-stakes litigation and trials, and sophisticated regulatory matters. Latham is one of the world’s largest providers of pro bono services, steadfastly supports initiatives designed to advance diversity within the firm and the legal profession, and is committed to exploring and promoting environmental sustainability.

Rabobank is a cooperative bank with a mission. For 125 years, we have been dedicated to working with our customers, members and partners to create a future-proof society that can overcome important social challenges. It offers wholesale banking, retail banking, private banking, leasing and real estate services.

Rabobank’s wholesale/corporate banking division serves Dutch and international large corporates, commodity traders, private equity firms and financial institutions. We serve all sectors in the Netherlands and we are a worldwide leader in Food & Agri banking. Rabobank's Debt Capital Markets team of professionals are dedicated to servicing the strategic, financial and capital raising needs of our institutional and corporate clients in the following sectors: Public Sector (SSA), Financial Institutions, Corporates, and Securitisation. Rabobank’s Value Chain Finance team offers our clients flexible working capital solutions throughout the entire working capital chain.

The most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe recognize RBC Capital Markets as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance. We are well-established in the largest, most mature capital markets across North America, Europe, and the Asia Pacific region, which collectively encompasses 84% of the global investment banking fee pool.

RBC Capital Markets is part of a leading provider of financial services, Royal Bank of Canada (RBC). Founded in 1864, RBC is one of the largest banks in the world and the fifth largest in North America, as measured by market capitalization. With a strong capital base and consistent financial performance, RBC is among a small group of highly rated global banks.

Yield Book, an LSEG Business, is a trusted and authoritative source for fixed income analytics that enables market makers and institutional investors to perform complex analysis of their portfolios, benchmarks, trading decisions, historical performance, and risk. Yield Book products offer analytical insight into an extensive range of financial products in the fixed income space including governments, agencies, corporates, high yield, emerging markets, mortgages, ABS, CMBS, CMOs, and derivatives. The platform utilizes dedicated centralized servers that help ensure reliable, prompt data delivery. Yield Book forms part of London Stock Exchange Group (LSEG)'s Data and Analytics division.

“Alantra is a global alternative asset management, investment banking, and credit portfolio advisory firm focusing on providing high value-added services to companies, families, and investors operating in the mid-market segment. The Group has over 540 professionals across EMEA, the US, Latin America, and Asia.

Alantra's Credit Portfolio Advisory team is the leading portfolio advisory unit in Europe, dedicated to transaction execution, structuring, pricing, modelling and data enhancement in relation to credit portfolios and banking platforms. The team has advised on more than 140 transactions for a total volume of c. €93bn in the last three years”

CMS is a Future Facing firm. With 79 offices in more than 40 countries and 5,000+ lawyers worldwide, we combine deep local market understanding with a global overview, giving us the ability not only to see what’s coming, but to shape it. In a world of ever-accelerating change where technology is increasingly important in the deployment of global strategies, our clear, business-focused advice helps clients of every size to face the future with confidence.

Our securitisation experts advise a very large and well-balanced client base which includes leading investment banks, a large variety of institutional and corporate clients, investors, trustees, management companies and guarantors.

We provide comprehensive experience and in-depth knowledge from the perspective of both issuers/originators and banks. We have first-hand experience of the ups and the downs of the industry. This means we can combine state-of-the-art finance expertise with unrivalled industry know-how. This enables us to find tailor-made solutions and get right to the crucial points of a transaction.

Our practice is based on very strong and recognised local teams and a network of structured finance lawyers across more than 50 offices all around the world. This network provides our clients with high level and harmonised expertise and services even in jurisdictions where securitisation is still an emerging activity. Thanks to our strong experience in cross-border transactions, we are able to provide responsive advice across Europe and beyond.

DLA Piper is a global firm and one of the largest legal services businesses in the world. The firm has over 4,800 lawyers located in 90 offices over 40 countries throughout the Americas, Asia Pacific, Europe and the Middle East, positioning us to help global financial institutions and companies with their legal needs anywhere in the world.

Our Securitisation group has extensive experience in a broad range of structured debt transactions, including consumer loan securitisations, commercial mortgage backed securitisations (CMBS), residential mortgage backed securitisations (RMBS), collateralised loan obligations and auto securitisations as well as a range of other asset backed securities (ABS) including project loans, trade receivables, SME’s and whole business securitisation. We specialise in domestic and cross border securitisation, structured finance and derivative products and have acted on a number of high profile securitisations and “market firsts” including the first international auto securitisation to be launched out of Poland and the first UK auto securitisation to be awarded the PCS label and the first non-bank leading securitisation executed in Greece.

Freshfields Bruckhaus Deringer combines the knowledge, experience and energy of its entire business to solve clients’ most complex challenges, wherever and whenever they arise. 

For over 275 years we’ve been going further for our clients, breaking new legal ground, establishing new precedents - and giving our clients the tools, advice and reassurance to help them make the right decisions in a rapidly-changing world.
 
Whether it’s entering new markets, defending corporate reputation or managing multi-jurisdictional regulation, everything we do helps our clients grow, strengthen and defend their business.
 
However businesses plan to grow they need creative problem solving and swift decision-making. We give our clients the confidence to navigate the world’s most ground-breaking transactions, bringing together our teams from around the world so that every base is covered.
 
We offer unrivalled experience at every stage of the regulatory lifecycle and understand what drives the regulators. Our market-leading teams interrogate the political, economic and legal factors that apply and deliver a solution that works regardless of jurisdiction. 
 
Global businesses today also need sound advice to help them successfully manage their risks, and protect their corporate reputation. Our integrated global team has advised on some of the world’s highest profile disputes, from multijurisdictional litigation to global investigations.

Our clients come to us with their most significant business opportunities and challenges because they know that our insight and experience will help them to stay ahead of the game and to do business with confidence.

Hogan Lovells' Structured Finance and Securitisation practice has deep experience advising on the financing of a wide range of classic and innovative asset types, as public and private stand-alone issues, master trusts, programmes, through conduit structures, and on portfolio sales, forward flow and financings of these transactions. We have built the practice across the globe with lawyers in the major jurisdictions of  Europe (including UK), the United States and Asia, providing an integrated service to our clients on their most complex transactions. We are known as experienced and pragmatic counsel who advise arrangers, lenders, originators, investors, trustees and investors. We are regularly commended by independent market guides, particularly for our ability to advise on new and innovative transactions. We run one of the few practices able to offer dedicated and knowledgeable advice to capital markets trustees.

At Intertrust Group our 4,000 employees are dedicated to providing world-leading, specialised administration services in over 30 jurisdictions. This is amplified by the support we offer across our approved partner network which covers a further 100+ jurisdictions.

Our focus on bespoke corporate, fund, capital market and private wealth services enables you to invest, grow and thrive anywhere in the world. Sitting at the heart of international business, our local, expert knowledge and innovative, proprietary technology combine to deliver a compelling proposition – all of which keeps you one step ahead.

IQ-EQ is a leading service provider to the securitisation, structured finance and private debt sectors, bringing together a rare combination of global technical expertise and deep understanding of client needs. With a strong and experienced team across 24 jurisdictions and a focus on high-quality customer service, we have particular expertise in the following securitisation asset classes:  Residential and commercial mortgages; Corporate loans; Consumer loans; Credit cards; Car loans; Non-performing loans; Receivables; Aviation; and CLOs.

We also have a strong track record in SRT trades, having recently executed the first ever SRT STS transaction in France. 
 

Lloyds Bank Commercial Banking provides comprehensive expert financial services to businesses of all sizes, from start-ups and small businesses to mid-sized businesses and multinational corporations.

Maintaining a network of relationship teams across the UK, as well as internationally, Lloyds Bank Commercial Banking delivers the mix of local understanding and global expertise necessary to provide long-term support to its clients.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN.

Telephone: 0207 626 1500.

Website: 

Luxembourg Stock Exchange:
The Luxembourg Stock Exchange (LuxSE) is the gateway to access international investors. With  37,000+ listed securities, from 2,000 issuers in 100 countries, LuxSE is the leading exchange for the listing of international debt securities, offering listing, trading and information services.  In 2016, LuxSE launched the Luxembourg Green Exchange (LGX) the world’s leading platform for sustainable securities, encompassing 1,000+ sustainable bonds from issuers across the world, raising over EUR  640 billion for sustainable development. 
PwC Luxembourg:
PwC Luxembourg (www.pwc.lu) is the largest professional services firm in Luxembourg with over 2,900 people employed from 82 different countries. PwC Luxembourg provides audit, tax and advisory services including management consulting, transaction, financing and regulatory advice. The firm provides advice to a wide variety of clients from local and middle market entrepreneurs to large multinational companies operating from Luxembourg and the Greater Region. The firm helps its clients create the value they are looking for by contributing to the smooth operation of the capital markets and providing advice through an industry-focused approach.
 

Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. With extensive reach across four continents, we are the only integrated law firm in the world with approximately 200 lawyers in each of the world’s three largest financial centers—New York, London and Hong Kong—the backbone of the global economy.

Mayer Brown’s Structured Finance practice is consistently ranked in the top tier by leading legal directories and is one of the most balanced in the industry, with genuine strengths across the entire range of vehicles and asset classes – from mortgage-backed securities, asset-backed commercial paper, credit cards, and auto/equipment loans and leases to IP assets, marketplace loans, renewable energy, whole businesses, and insurance-linked securities. We are leaders in not only ABS/MBS transactions but also in transactions privately funded by banks, hedge funds and asset-backed commercial conduits. Many of the structured finance transactions that are commonplace today were first initiated by lawyers at Mayer Brown – for example, the first CLO transaction in 1988 and the first ABS shelf registration in 1992.

Ranked Band 1 in Chambers, Tier 1 by The Legal 500, and Tier 2 by IFLR1000 Financial and Corporate, our lawyers and practice are recognized global leaders in the structured finance industry, domestically and internationally, working across offices in the United States, London, Asia, and the Middle East, as a united team. Morgan Lewis lawyers in our Structured Transactions Practice have been key players in the structured markets and have been since their inception. Our clients, both issuers and underwriters, are among the most highly respected global financial services institutions. We understand the evolution of structures because we were involved in many of the industry’s key firsts. We design and execute continuous offering programs. Since 2002, our lawyers have advised on over 9,000 deals with a combined value of more than $4.9 trillion, consistently leading the league tables. Our practice is on top of the quickly changing regulatory landscape. Our lawyers wrote the books that structured finance lawyers rely on: Offerings of Asset-Backed Securities and The Federal Securities Law of Asset-Backed Securities. Morgan Lewis offers partner-led teams equipped with years of experience and an acute understanding of your business objectives and how to accomplish these in the most cost-effective manner. In addition to a robust, dedicated structured transactions practice and resources, we offer and utilize key practice area expertise to support transactions, including tax, ERISA, broker-dealer, real estate, and investment company practice lawyers.

Firm description: Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with approximately 360 years of history, MUFG has a global network with over 1,800 offices in more than 50 countries. The Group has over 160,000 employees, and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The group’s operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation (Japan’s leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan’s largest securities firms.

MUFG Securities offers a comprehensive product suite to clients around the world through five key business lines in the primary and secondary markets: capital markets, credit, rates, equities, and structured products.

Through close partnerships among our operating companies, the group aims to “be the world’s most trusted financial group”, flexibly responding to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges.

Orrick is a global law firm focused on serving the technology, energy & infrastructure and finance sectors. Structured as one team, our lawyers work across 25+ markets in Europe, the United States, Asia and Africa, and we serve Latin America primarily from our office in Houston. Our Structured Finance team advises issuers, lenders, underwriters and investors involved in securitizations and in other structured products globally. The team is consistently ranked among the top issuers’ and underwriters’ counsel in the U.S. ABS, CMBS and RMBS markets. Our European practice is at the center of regulatory change in the European banking markets. We’re ranked Tier 1 for Structured Finance and Derivatives in France by Legal 500 2017, and we’ve been recognized as the #1 firm for nonperforming loan securitizations in Italy for the past two years by Legalcommunity. We innovate not only in our legal advice but also in the way we deliver legal services. In recognition of our work, Financial Times named us #1 on their list of the most innovative law firms in North America in 2017 for an unprecedented second year in a row. To find out more, visit us at orrick.com.
 

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 158 countries with more than 236,000 people who are committed to delivering quality in assurance, advisory and tax services.

We’re proud of the wealth of experience that sits within our Structured Finance Group (“SFG”) - part of PwC’s global financial services practice of more than 40,000 people.

SFG comprises professionals with extensive expertise of securitisation and wider structured finance in all of the main jurisdictions, who support clients throughout the lifecycle of structures.  We are experienced in working on all major asset classes - both secured and unsecured, including both emerging and esoteric classes such as P2P lending.

We tailor our services to enable us to support all industry participants at every stage of the transaction -  from feasibility / initiation through execution; from ongoing reporting to support and advice on distressed structures (including unwinding).

We pride ourselves on making a positive contribution to the industry we work in – an industry we are passionate about. We play our part in helping to promote a better understanding of securitisation and structured finance, assisting in improving transparency and ultimately in providing an independent view to key market participants.

Scope Ratings is the leading European credit rating agency. The company specialises in the analysis and rating of financial institutions, corporates, structured finance, project finance and public finance. Scope Ratings offers credit risk analysis that is opinion-driven, forward-looking and non-mechanistic – an approach which adds to a greater diversity of opinions for institutional investors. Scope Ratings is registered in accordance with the EU rating regulation and operating in the European Union with ECAI status. Scope Ratings is part of the Scope Group with headquarters in Berlin and offices in Frankfurt, London, Madrid, Milan, Oslo and Paris.

Sidley has been at the forefront of the European securitisation market since the early 1990’s and since that time has been involved in a number of ground breaking securitisation products and structures in numerous European jurisdictions, including establishing domestic and pan-European CMBS platforms, asset-backed commercial paper and securities conduits, RMBS related products, whole business securitisations and covered bonds as well as a deep experience in advising arrangers, managers and investors on CLO and CDO transactions. Our securitisation lawyers in Europe and the U.S. have a deep and well established practice in all areas of securitisation, structured finance and derivatives, with market-leading experience of the full gamut of asset classes and structures. Our lawyers have particular experience in securitisations and secured financings involving corporate (mid-market and syndicated) loans, rental fleets, consumer assets such as personal loans, auto-loans and leases and credit cards, trade and other more specialised receivables and more recently in the rapidly growing market for financings of online marketplace and peer-to-peer lending and other fintech including structures utilising blockchain, distributed ledger technology and cryptocurrencies. We are also at the cutting edge of innovative asset classes such as solar energy, insurance products and IP securitisations.

Our team is known for its ability to advise on every major asset class (RMBS, CMBS, credit cards, trade receivables, auto-loans, WBS, CLOs and also covered bonds). 
We regularly act on international deals involving both cash and synthetic securitisations in the private and public markets, advising originators, arrangers, investors and trustees on the establishment of new securitisations and the restructuring of, and issuances from, existing platforms.
Our lawyers specialise in finding innovative solutions to complex financing problems. This puts us in an exceptional position to address the challenges by today’s market.

U.S. Bank Global Corporate Trust is a leading provider of European trustee and agency services to financial institutions, corporations, lenders and their advisers. For more than 100 years, we’ve established our solid position by offering, customized services coupled with a steadfast commitment to integrity. We provide global coverage and expertise for European trustee solutions, loan agency, CLOs, structured finance, default services, repacks, infrastructure finance, and corporate debt. With dedicated experts located in London, our specialized solutions are supported by the financial strength and resources of a large financial institution to help you achieve success.
 

Our award-winning capital markets team is independently recognised as having a leading presence in all of the major financial centres globally. Our fully integrated network covers the full spectrum of securities products including debt, equity, high yield, structured finance and derivatives. Our experience ranges from simple capital-raising to intricate, cross‑border financing strategies for acquisitions, reorganizations or restructurings, to regulatory matters in key markets throughout the world.

Our clients are global, as are their transactions, and we mirror this with our ability to field 59 capital markets partners from 22 offices globally. Our client base includes all of the leading global investment banks, FTSE listed corporates, sovereigns and funds (both PE and distressed). No other law firm has the strength and depth of coverage in both the United States and Europe. Our pan-European securities practice covers the major economies in the region, as well as key markets in the CEE, and our practices in Asia, Africa, the Middle East and Latin America are each independently considered leaders in their field.

Each year, over 3000 organisations and finance players around the world trust international law firm Addleshaw Goddard to deliver. They appoint us time and again, in over 90 countries and in over 50 specialist areas of law. And while the challenges they bring us vary, we solve them with the same, single-minded focus: finding the smartest way to achieve the biggest impact.

Our structured finance team advises all market participants across the full spectrum of structured finance. We specialise in public and private securitisations, cash and synthetic, covering all business sectors and asset classes and are experts in speciality finance and structured warehouse finance. We advise on highly complex and innovative structured finance transactions, including in relation to DeFi lending structures, tokenisation and cryptocurrency and provide critical strategic/risk mitigation advice, including in relation to liability management exercises. We help our clients navigate the world of EU and UK securitisation regulation and provide advisory analysis to investors. Our expertise extends to CLOs, structured products and derivatives, advising on a broad spectrum of developed and emerging market transactions in securitised and OTC formats across all major derivatives asset classes. Ultimately, we help finance transactions flow.

We believe that good business demands good legal advice. Which, ultimately, comes down to just four words. Yes. No. Stop. Go. If you’d value that clarity, imagination and impact, we’d be delighted to talk.

ARC Ratings is an international credit rating agency whose mission is to deliver global benchmark quality credit ratings, commentary and research by working with our clients’ businesses constructively to evaluate their credit risk, whilst offering an independent and objective assessment to investors.

We are dedicated to improving the risk/reward decision-making capabilities of investors globally, while allowing issuers to access capital markets at premiums commensurate with their objectively assessed credit risk. Having been accorded the same ECAI mapping as the larger agencies our ratings can thus be used for capital relief purposes under the standardised and rating based approach, as well as under Solvency II.

Our aim is to produce honest and transparent ratings that are driven by our analysts’ deep subject matter understanding of the market, product and clients, using criteria which clearly define our approach to ratings and is enveloped in our strong governance and control culture.

The Australian Securitisation Forum (ASF) is the peak industry association representing participants in the Australian and New Zealand securitisation and covered bond markets. The ASF performs a pivotal role in representing the industry to local and global policymakers and regulators, advancing the professional standards of the industry by offering a program of educational development courses and workshops to market professionals and promoting the market to investors, both in Australia and overseas.

Banca Finint is one of the most active investment banks operating in the Italian corporate & investment banking, structured finance and asset management markets. Established at the end of 2014, Banca Finint is the culmination of over 40 years of activity in the financial sector of Gruppo Finanziaria Internazionale, founded in 1980 by Enrico Marchi and other partners. Gruppo Banca Finint was formed in 2016, with Banca Finint in the role of parent company. Banca Finint specializes in activities mainly related to debt capital markets (minibond and specialized lending) and the structuring and management of securitizations, covered bonds and structured finance transactions, in advisory for corporate finance and basket bond transactions, thus supporting companies and the real economy of the territories in which it operates. Finint Investments SGR is the asset management company of the banking group, offering both closed-end alternative funds and long only investment strategies, in line with the needs of its national and international investors and active, among others, in the management of funds aimed at supporting the real economy (Minibond funds), the housing needs of the population (Social and Student Housing funds) and the green economy (Renewable Energy funds). The Group is headquartered in Conegliano (TV) and has offices in Milan, Rome and Trento, employing around 350 people.

CSC is a leading provider of specialized administration services. We support alternative asset managers across a range of fund strategies, capital markets participants in both public and private markets, and corporations and institutions requiring fiduciary and governance support. We are the unwavering partner for 90% of the Fortune 500®, nearly 10,000 law firms, and more than 3,000 financial institutions. CSC’s Global Financial Markets professionals are located in key financial centers across the United States, Europe, and Asia-Pacific. We are an international company capable of transacting wherever our clients are, and we accomplish that by deploying experts in every market we serve.

WHAT MAKES US UNIQUE
Ownership, stability, continuity
Unrivalled service quality
One global team
Passion for the complex

Dechert is a leading global law firm with 22 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.

Dechert’s global finance team acts for clients across an extraordinarily wide range of financial markets and products, including in cross-border situations. We advise issuers and underwriters on securitisation and structured finance transactions including traditional debt obligations and novel securities.

We understand the nuances of specialty finance companies and other non-bank lenders, including marketplace lenders. We have extensive experience in the prime and subprime auto space working with the industry’s leading Borrowers, Issuers as well as Lenders/Initial Purchasers/Underwriters, including financing for and securitisation of specialised transportation equipment.

We know the regulatory challenges fintech companies face as they stir disruptions in the financial services and banking industries, changing the way people spend, invest, and lend money.

Dechert has a core team of professionals advising on the law, regulation, and practice of the development and execution of commodities and related derivative and structured transactions, products and vehicles. We have a unique perspective on the business and legal issues of primary importance to all market participants. Dechert regularly represents both buy-side and sell-side clients, including commercial and investment banks, in connection with a broad array of equity and fixed-income derivative transactions.

dechert.com

Dentons is the world's largest law firm, and our global structured finance team represents every type of market participant in securitisation and asset-backed finance transactions. For over 30 years we have helped issuers and underwriters develop the cutting-edge structures of the day. Currently, we are one of the leading firms involved in the finance and securitisation of non-performing and re-performing mortgage loans, single family residential rental properties, buy-to-rent mortgage loans, triple net-lease commercial real estate, servicing advance receivables and excess servicing fee receivables, CMBS as well as the resurgence of RMBS. We are also known for auto loan securitisations, energy efficiency finance, equipment and lease securitisations and finance, whole company securitisations, student loan securitisations and trade receivables finance, among others. In Europe, the UK and the US we are highly ranked by publications such as Chambers and Legal 500. Praised for our “deep bench that can cover issues in multiple jurisdictions” (Legal 500), our leading North American, European and Asian teams frequently work together, leveraging our combined market knowledge globally. In Europe, we have an extensive network of experts in London, France, Germany, Spain, Luxembourg, Italy, the Netherlands and our Central and Eastern Europe (CEE) offices. For more information, visit dentons.com.

European DataWarehouse (EDW) is a Securitisation Repository designated by both the European Securities and Markets Authority (ESMA)and the Financial Conduct Authority (FCA). It was established in 2012 as the first Securitisation Repository in Europe to facilitate the collection, validation, and download of standardised loan-level data for Asset-Backed Securities and private whole loan portfolios.

EDW stores loan-level data and corresponding documentation for investors and other market participants. Operating as a market infrastructure, EDW aims to increase transparency and restore confidence in the ABS market. Through EDW's data, users can analyse underlying portfolios in a more efficient way and compare portfolios on a systematic basis.

Since its inception as part of the European Central Bank’s Loan-Level Initiative, EDW has collected over 3 billion loan records and relevant documentation for more than 1,600 transactions.
 

FinanceMalta is a public-private initiative with the objective to promote Malta as an international business and financial centre. Set up in 2007, FinanceMalta brings together and harnesses the resources of the industry and government to ensure Malta maintains a modern and effective legal, regulatory and fiscal framework in which the financial services and fintech sector can continue to grow and prosper. FinanceMalta came on the scene at a critical time, just as Malta entered the Eurozone. The financial services sector is now a major force in the country’s economy. Malta has some significant strengths to offer the industry such as a low-cost environment; more than 80 double taxation agreements; a well-trained, motivated workforce; and a single, robust but approachable regulator. To these, FinanceMalta can add a world-class information and communications technology infrastructure, English as an official language, an enviable climate and its strategic location.
 

FinDox provides a next generation workflow management & data solution for the leveraged finance markets. FinDox delivers a streamlined, smarter way to aggregate confidential documents, automate restricted lists (CORE), access financial data on public and private issuers (FDA), review issuer information, and manage regulatory reporting (ESG & ESMA). We provide clean data, reporting and document controls in one centralized location. FinDox went live in 2018, and was founded by the team that created LendAmend , the industry standard for corporate actions that serves well over 90% of the top investment banks and the buyside. FinDox is a privately held, well funded, secure and modern technology provider. Our clients include the majority of the Top 50 CLO managers, the leading alternative asset management firms of the world, emerging credit managers, hedge funds, distressed funds, banks and private credit managers. Diversity, equity and inclusion are core company values, and we take social responsibility seriously.

Gardant S.p.A. is the parent company of the Gardant Group, established in 2021 as spin-off from Credito Fondiario of its credit servicing and credit investment activities.

The Gardant Group is a leader in the credit management sector in Italy with over €45 bn of credit under management and with a track record of over €1.2 bn of direct investment (purchase price) in Italian non performing or illiquid exposures.

Gardant, with 6 offices across Italy and over 340 employees, has a unique business model, acting both as debt master & special servicer and as investor, via its fully-owned fund management company.

Gardant operates and transacts across all credit asset classes, including banking and leasing loans, unlikely-to-pay and non performing loans, serving as clients both banks and investors.

Over the years, Gardant has built a state-of-the-art impaired loans management platform, developed on industry professionals, cutting-edge IT and organisational tools, and a constructive and structured approach. The platform is independently rated by Fitch and S&P, both as Master and as Special Servicer.

The Group offers its clients high value-added services in deal origination, underwriting, portfolio management and capital markets, with a team of senior professionals and a vertically integrated approach.

As one of the world's leading international law firms, we engage with the most important challenges and opportunities facing our clients. We also know that the wealth of perspectives we bring to your business only count when applied in a truly commercial context.

Our securitisation and structured finance team offers a comprehensive and tailored service to an international client base which is well-balanced between originators, arrangers and other market participants. We understand the commercial reality of transactions, and we use that knowledge to find practical solutions to achieve the desired outcome for our clients.

We have extensive experience across a wide range of products and asset classes, including commercial and residential mortgages, trade/inventory receivables, platform lending, consumer lending and point of sale, hire purchase, auto, fleet and equipment receivables, aircraft leases, infrastructure and energy, as well as covered bonds and whole business securitisations.

Legal 500 UK describes our securitisation team as "An excellent structured finance practice, deftly able to handle a variety of deals from mainstream securitised products to speciality finance".

We have been appointed on some of the most innovative and complex transactions including most recently for Bank of America 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 2022 and has been shortlisted for the IFLR "Deal of the Year" in the "Structured Finance and Securitisation" category of its Europe Awards 2022.

For further details see: https://www.herbertsmithfreehills.com/our-expertise/services/securitisation-and-structured-finance 

Legance is an independent law firm with offices in Milan, Rome and London.
Founded in 2007 by a group of acclaimed partners, Legance distinguishes itself in the legal market as a point of reference for both clients and institutions.
It is no coincidence that the name Legance recalls unity and excellence, principles that were at the forefront in the foundation of the firm.
Independent, dynamic, international and institutional are the qualities that most characterise the strength of the firm and have contributed to it becoming a leader in the legal market.
In 2007 there were 84 lawyers at Legance, currently there are over 300
The value of the group is regarded as a pillar that amplifies each individual’s qualities and skills, the constant attention to clients, the careful evaluation of business objectives and an unconventional approach capable of anticipating legal requirements, 24 hour availability have contributed to establish Legance as a recognised leader in domestic and international markets.
Due to its outstanding international approach Legance can support clients over several geographical areas, and can organise and coordinate multi-jurisdictional teams whenever required.
 

Ocorian is a global leader in corporate and fiduciary services, fund administration and capital markets. With offices worldwide and customised, scalable solutions, our global network is designed to deliver exactly what our clients need, exactly how and where they need it. Our approach is personal, professional and flexible. We take the time to understand our clients’ ambitions and collaboratively deliver a high-end customised and scalable solution that suits them, whatever the stage of their company or investment life cycle.

Reorg is a global provider of credit data, analysis and intelligence. Established in 2013, our mission is to bring clarity to complex and opaque information on the sub-investment grade credit markets. We combine financial analysis with legal analysis and quality journalism to bring in-depth insight on 6,000 credits across Asia, EMEA and the Americas. Reorg covers the entire credit lifecycle, starting with primary and performing, to stressed and distressed, companies undergoing restructuring, and including post-reorganized credits. More than 25,000 investment, banking and legal professionals access Reorg's databases and granular analyses to make better quality investment and business development decisions.

Rockstead originated in 2008 with the establishment of our due diligence proposition supporting buyers, sellers and holders of assets in the financial services sector, particularly around mortgages and loans.

Our experience in that sector is unrivalled and we have established a reputation for independent, transparent and experienced reporting, based on our 'tell it as we see it' philosophy.

We operate in the UK and across Europe and our services have expanded into other areas over the years including the provision of third-party supplier oversight, compliance and risk reviews, staffing services and process improvement expertise to support businesses throughout the region.

In Ireland we have a subsidiary business and permanent offices in Dublin that supports the Irish business community. We have carried out numerous projects across the EU.

We are recognised as the market leader and are quick to respond to our client's needs.

We have a sister company - Yabber Global, which provides voice to text analytics services, backed up by the strongest customer contact centre expertise to be found, to support clients in their quest to become more efficient and provide better customer outcomes. It has been employed in the UK to enhance compliance systems and generate improved MI.

We make a complex world simple

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world.

Our 9,100 experts and 120 offices in 85 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success.

We work with 60% of the Fortune Global 500 and FTSE 100, and almost half the top 300 private equity firms, covering sectors as diverse as capital markets, private equity, real estate, pharmaceuticals, energy and technology.

TMF Group – we make a complex world simple. www.tmf-group.com

UniCredit is a leading European commercial bank, with leadership positions in Italy, Germany and Austria and a strong presence in high-growth CEE countries. We have one of the largest European networks with over 7,800 branches.

With more than 3,500 professionals in 50 countries, Corporate & Investment Banking serves corporate and institutional clients out of the largest group of network banks in Western, Central and Eastern Europe.

Committed to long-term partnerships with clients across all sectors, our relationship managers and product specialists create tailor-made solutions in a strategic dialogue with our clients and according to the three pillars of our Core Client Offer: 

Walkers is a leading, fully integrated international financial services law firm with 1,000+ people, 120 partners and 10 offices worldwide. We advise on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey and have one of the largest dedicated CLO, structured finance and securitisation teams in the Irish market. We deliver seamless legal and tax advisory, listing agency and corporate administration services across all major deal types and asset classes including auto-loans, consumer & SME loans, credit cards and trade receivables, CMBS, CLOs, ECP/ABCP, CRT/SRT and other bank capital management transactions, DCM, insurance linked securities including catastrophe bonds, risk transfer trades and RMBS. Walkers Professional Services provides corporate administration and fiduciary services to SPVs and, together with Walkers, we provide a market-leading combined service offering to arrangers, managers, financial institutions, trustees and agents, investors and other market participants. Our award winning team is ranked Tier 1 in Chambers Global, Legal 500 and IFLR 1000 and has acted on some of the largest and most complex transactions in the market.

Founded in 1771, Vienna Stock Exchange (“VSX”) is celebrated its 250th anniversary last year! From the beginning, VSX has been ahead of its time – It was founded by a Female Founder by the name of Maria Theresa.
Nowadays, VSX offers a compelling service range of a fully-fledged cash market infrastructure provider at the highest quality level. VSX has established itself as one of the leading Dept Capital Market (DCM) listing platforms in Europe and Vienna MTF is the fastest growing MTF market in Europe (in terms of new listings).
Our listing partners value our reliably high level of service as well as our provision of a fast, straight forward, and cost-efficient listing solution for debt securities.
VSX has become a truly international player with over 7000 listings in 2022 and featuring debt issuers from 30 different countries.

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 80 offices in 40 countries worldwide and over 9,000 employees upon the close of announced acquisitions, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.

www.apexgroup.com

Arthur Cox LLP is one of Ireland’s leading law firms. We are an “all-island” firm with offices in Dublin and Belfast. We also have offices in London, New York, and San Francisco. Our practice encompasses all aspects of corporate and business law.

With over 530 legal staff and a total headcount of 740, we provide a comprehensive service to an international client base ranging from multinational organisations, banks, and financial institutions and established global leaders to government agencies and new players in emerging industry sectors.

Our story has been defined by our progressive outlook. For over 100 years, we have led the way in the legal field in Ireland, and have continuously worked to strive towards our goals. For our clients, we work to deliver the best service and support. With an independent, entrepreneurial spirit of innovation leading the way.

Assured Guaranty works with banks, insurance companies, finance companies, asset managers and other organizations to develop capital management and structured finance solutions to meet their unique needs.  We enable efficient risk transfer in public or private transactions for financial institutions, and we provide cost-effective credit enhancement for consumer and commercial asset securitizations and infrastructure financings in both new issue and secondary markets,  improving the creditworthiness, marketability and market liquidity of such transactions. For more information, visit www.AssuredGuaranty.com

Cafico International is an experienced independent trust and corporate services provider for those seeking to do business in Ireland, Luxembourg and the UK.

Established in 2012, we support over 300 clients from a wide range of sectors including technology, communications, pharmaceutics, financial services and aviation.

Our clients include leading investment banks, NYSE and NASDAQ listed companies, as well as large private companies to whom we provide a full suite of corporate administration, financial and management accounting, tax compliance and treasury services. We are the corporate administrator of choice for public transactions that have listed debt on international stock exchanges with a cumulative nominal value in excess of $40 billion.

Working extensively with the originators of securitised assets, financial institutions, investment managers, arrangers, trustees, investors, collateral managers and regulators, we offer a comprehensive suite of services that can be tailored to meet the specific requirements of each transaction to offer the best solutions for your business’ needs.

We specialise in offering an effective turnkey solution, minimising the management input on our clients, whilst assisting them in achieving their overall corporate objectives.

Carey Olsen is a leading offshore law firm advising financial institutions, corporations and private clients on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law from a network of nine international offices. Our structured finance and securitisation team draws together specialists with onshore and offshore experience who are highly skilled, having worked with leading London, New York and international law firms on some of the most innovative and complex structures in the market.

We advise on all types of structured finance and securitisation transactions including asset-backed commercial paper conduits, CMBS, RMBS, CLOs, CDOs, covered bonds, debt financing, high yield bond offerings, master trusts, mezzanine financing, secured loans, sovereign bonds, synthetic securitisations and whole business securitisations.

With an established full service office, local expertise, knowledge of applicable laws, and long-standing ties to the legal and accounting community, Circumference FS has extensive experience helping business entities maximize the benefits available in a leading international financial services jurisdiction.

Circumference FS offers a wide range of services such as:

Circumference FS provides companies interested in establishing an SPV with extensive experience in domicile management and ensures that all documentary requirements are met, all fees are paid on time, and provides guidance related to the chosen jurisdiction’s regulations and benefits.

Circumference FS offers a comprehensive package of accounting and administrative services necessary to maintain the SPV's independence from the ultimate sponsor. It is this status as a stand-alone entity that enables an SPV to provide maximum benefits. The need for expertise may be especially acute when it comes to off-balance sheet financing in general, and SPVs in particular. With continuing focus on corporate accounting reform, more scrutiny may be given to certain transactions and more disclosure might be required. In this environment, Circumference brings well established expertise to the table.

As a leading European rating agency, Creditreform Rating offers reliable assessments of credit risks with ratings, credit services and market analyses for international business activities. We provide asset-based finance ratings for a wide range of asset classes (private debt / equity, infrastructure, real estate / property, renewables, logistics and aviation), structured finance ratings, bank ratings, corporate ratings and sovereign ratings.

As an ESMA-registered rating agency with ECAI-status and an EBA- and EIOPA-Mapping, Creditreform’s ratings can be used for regulatory purposes.

Creditreform Rating’s structured finance ratings are highly respected in the market and range from traditional securitization structures to new developments within the structured finance markets. We offer our clients ratings in the following areas: Auto ABS, Consumer ABS, Commercial mortgage-backed securities (CMBS), Residential mortgage-backed securities (RMBS), Credit-linked notes (CLN), Small and medium-sized enterprises collateralized loan obligation (SME CLO).

Dealscribe is a technology-enabled research firm. We provide unbiased analysis on complex agreements such as collateralized loan obligations (CLOs), allowing users to find information quickly, track market standards and extract the key terms of a transaction into searchable, downloadable data. Based in London and New York, Dealscribe has the backing of a group of individuals with senior roles in the CLO industry.
We provide:
• Access to a library of over 1,500 CLO prospectuses and indentures, allowing users to view and compare the original text
• Downloadable deal terms organized into more than 250 normalized data points for each CLO
• Ability to compare deal terms for 2 or 200 different CLOs side-by-side
• Detailed reports on changing market standards
• Scorecards highlighting notable document features for individual CLOs

Intex Solutions, Inc. is a well-known provider of structured fixed income deal models and analytical solutions. Intex models and maintains an industry-leading database of over 40,000 ABS, CDO, CMBS and CMO deals. Deals are individually modeled based on the amortization and loss waterfall rules in the original deal documents. Deals are then updated in a timely manner each month using available trustee and servicer information. Hundreds of leading investment banks, broker dealers, issuers and investors rely on Intex for trading, portfolio management and risk management applications. Intex provides the following specialized applications for cashflow stress testing, price/yield generation, collateral performance analysis and deal structuring under user-defined prepayment/default scenarios: -INTEXnet: Web-based deal/portfolio analytics -INTEXdesktop: Client-resident deal/portfolio analytics -INTEX Subroutines: Cash flow generation engine and API for system builders -INTEX DealMaker: Deal structuring tool for the primary market In addition to these Intex-developed applications, over 25 leading third-party vendors have integrated Intex cashflow functionality into their more generalized applications. To learn more, visit Intex on the web at www.intex.com

K&L Gates is an international law firm, spanning five continents, we have more than 40 offices located in key capital cities and world commercial and financial centres. We offer clients local market knowledge and access to both national and international capabilities. Our global finance practice integrates the many disciplines involved in financing and restructuring transactions across markets and industries across the globe. Practicing in most of our offices in Asia, Australia, Europe, the Middle East, North America, and South America, we maintain a balance between buy-side and sell-side representation and represent lenders, borrowers, servicers, collateral managers, trustees, rating agencies, investors, and other participants in a wide array of financing transactions.  Our Securitization and Structured Finance lawyers assist clients in cash and synthetic structured credit transactions. We act for investment banks, originators, issuers, trustees, and rating agencies as well as other market participants such as investors, corporate service providers, servicers, liquidity providers, and swap counterparties. Our experience encompasses all of the main securitization asset classes, including automobile loans and leases, aircraft leases, residential and commercial mortgages, Shari’a compliant instruments, and leveraged commercial loans. In particular, we have considerable experience with CMBS transactions (legacy and new deals) and CLO 2.0s in Europe. Our clients include a variety of participants in the capital markets, including financial institutions, boutique arrangers, major corporations and other transaction parties such as trustees and rating agencies.
 

Mason Hayes & Curran LLP is an award-winning law firm with offices in Dublin, New York and London. Our Equity Capital Markets team helps international organisations doing business in Ireland. We have gained strong experience from working on some of the most high-profile equity capital markets transactions of recent years in the Dublin and London markets. Our equity capital markets team is a leading advisor to clients across a range of securities offerings, from issuers and underwriters to lead managers and trustees. We advise on primary and secondary offerings in many different industry sectors on the Irish and London Stock Exchanges and on various other international markets. Renowned for our expertise and experience in this area, our equity capital markets team work closely with our other practice groups, particularly Investment Funds and Tax to deliver relevant and practical advice

We get straight to the point, managing complexity to get to the essentials. It is a collaborative approach. Our global network of offices covers every time zone. We are the only law firm to advise on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo.

Ogier's global structured finance teams are specialists in offshore legal advice in Asia, the Caribbean and Europe for a wide range of banks, issuers, underwriters,  trustees, managers, sponsors, corporate service providers and other financial institutions. We provide specialist legal advice on all aspects of traditional and cutting-edge finance structures, from securitisations to asset-backed lending, repackagings, structured products, CLOs (including risk retention structures) and other structured finance transactions.

Prime Collateralised Securities (PCS) is an independent, not-for-profit initiative set up to re-inforce the asset-backed securities market in Europe as a key to generating robust and sustainable economic growth for the region. At the heart of the PCS initiative from January 2019 is its work as a third party verification agent under the STS Regulation helping all market stakeholders to navigate the STS regime. In addition, PCS is also actively involved in the field of synthetic securitisation and in educational and advocacy work to enhance and promote standards of quality, transparency and simplicity throughout the asset-backed market.

Prytania Solutions (PSL) is an expert, independent provider of valuation and risk advisory services in the structured credit markets. We cover cash and synthetic ABS, CMBS, RMBS, CLOs, CDOs, and other bespoke asset classes.

Using proprietary algorithms, PSL produces thousands of evaluated prices across multiple asset classes, covering both the liquid and illiquid parts of the structured credit markets.

Our clients can have full access to the metrics behind their valuations and benefit from a very transparent price challenge protocol. Uniquely for a valuation provider, our principals have 100+ years of expertise in managing, trading and analysing structured credit. PSL provides its clients with “more than a price”.

PSL also carry out cashflow analytics / deal modelling. Our tools have been developed over many years and can apply stochastic as well as deterministic analyses at the loan level as well as the portfolio level. Ideal for deal structuring / origination and stress testing

Stibbe is a leading independent international law firm with main offices in Amsterdam, Brussels and Luxembourg, and branch offices in New York and London. Our leading securitisation and structured finance practice assists on domestic and cross-border transactions. We have deep experience across all major asset classes including car loans and leases, commercial and residential mortgages, consumer credit, inventory, SME loans, stranded assets and other specialty assets, and trade receivables. Together with our market-leading practices in energy, projects, real estate and tax, we are able to offer the specialist advice that is required for any securitisation or structured finance transaction. Our services also include complex litigation on structured products and hybrid instruments.

Target Group is part of the Tech Mahindra global family, and specialises in digital transformation. Our mission is to transform customer experiences.

A leading provider of business process servicing and operational transformation for over 50 major financial institutions across the globe, Target’s clients include DVLA, Barclays and Santander.

As an FCA-regulated Lender of Record, we help lenders take their new products to market quickly, and with confidence. Our FCA permissions mean we take on the regulated responsibility for your loans and mortgages, letting you focus on what you do best.

Our leading fintech platform manages assets in excess of £25 billion, enabling our clients to automate complex critical processing, servicing and administration of loans, as well as investments and insurance.  We deliver competitive advantage and enable scalable growth.  Alongside loan and investment servicing and software solutions, Target leverages deep domain expertise to advise on process improvement, due diligence, and regulatory compliance.

Target systems currently process over 19 million accounts and collect £3billion of direct debit payments each year on behalf of both private and public sector clients.

The International Stock Exchange (TISE) is one of Europe’s leading stock exchanges for listing international bonds via its uniquely positioned (Non-EU / Non-UK) Qualified Investor Bond Market (QIBM).  

2,000 issuers from 35 countries now list more than 3,500 bonds on QIBM including a growing number of European and US securitisations.

The QIBM lists securitisation transactions backed by a range of asset classes including auto loans, credit card receivables, loans to SMEs, as well as residential and commercial mortgage-backed securities.

TISE is a ‘Recognised Stock Exchange’ (UK & Irish Quoted Eurobond Exemptions), ‘Designated Offshore Securities Market’ (US SEC), ‘Approved Stock Exchange’ (German BaFin) and industry memberships extend to AFME, ICMA, IOSCO, WFE & UN SSE.

Truva Corp. Solutions-centric professional services for the capital markets industry. 

Truva Corp is an agile boutique professional services startup offering trustee, company administration and other regulation-oriented capital markets advisory services and consultancy to investment professionals.

Our team of solution-centric experts has a wealth of legal and capital markets experience, led by CEO Alper Deniz, a lawyer with 25+ years of top level corporate legal experience working at some of the world’s leading law firms. 

Add to this a transparent and open cost structure, and you know when you work with Truva Corp you are getting the best-in-class consultancy and professional services available.

With client interests front and centre in the company’s offering, Truva Corp utilises technology in the execution and delivery of services. Coupled with a lean, creative and can-do approach to capital markets services, Truva Corp can advise on a range of areas, from simple to complex, with the best outcomes our only priority.

The team is experienced and expert at working on international and cross-border deals. Truva Corp has worked with clients across UK, Europe, Asia, the US and Australasia, placing it in a strong position to act as a trustee and advise on cross-border transactions.

Bedford Row Capital is an award-winning provider of global structured securities solutions which includes the issuance of investment-grade bonds, green bonds, senior secured conventional debt, short-dated notes, delta-one trackers and Shariah compliant certificates. The use of standard settlement infrastructure, combined with BRC’s proprietary information systems, offers an innovative level of transparency and security for both issuers and investors. In a fast-growing market, BRC is ranked inside the top 100 originators globally and one of the leading non-banks in the market. Visit our networking stand and talk to us about how we can help meet the continuing challenges in the search for yield.

Citadel SPV provides a comprehensive array of entity formation, governance, administration, accounting and investor reporting services to the global capital markets. We take pride in our unique capacities for specialized services in complex financing structures including securitization, project finance and alternative or special situations finance. Citadel SPV leverages more than 25 years of market experience to deliver consultative solutions for complex financing structures, including customized structural alternatives, a complete array of independent director and officer services, sophisticated program management solutions and customized accounting and investor reporting solutions. Headquartered in New York, Citadel SPV offers its clients a comprehensive network of global service delivery locations, either directly or via our partner network including, Delaware, Texas, Cayman, United Kingdom, Ireland, Jersey, Isle of Man, Luxembourg, Netherlands, Switzerland, Singapore and Japan.

GlobalCapital is a leading news, opinion and data service for people and institutions using and working in the international capital markets. It provides you with clearly-voiced, lively coverage of key markets based on the comments of those who work in them, together with a wealth of transaction data and archive material.  Whether you wish to pick up the pulse of your market, to research in detail an issuer, intermediary or asset class in a particular sector, or to check out how your institution is performing relative to its peers, our service is for you.

GlobalCapital descends directly from EuroWeek (“the voice of the markets”), which has been covering new issues in primary markets for 26 years.  Joining the platform are also several key capital markets publications from the Euromoney Institutional Investor Group: Asiamoney, Total Securitization and Derivatives Week.  GlobalCapital also sees the introduction of a brand new service on the internationalisation of the RMB.

The combination of these elements on state-of-the-art new web technology provides a device-neutral, flexible global news and data service where relevant related articles and data are a click away.

GlobalCapital.com delivers daily services dedicated to the following key market sectors: FIG/Bank Finance including Covered Bonds, Corporate Bonds, Syndicated Loans, Equity, Leveraged Finance, Sovereign and Supranational and Agency Bonds (SSA), SRI/Green Bonds, Global Emerging Markets, Securitization, Asia Pacific Markets, Derivatives, and Offshore RMB. The service comes with sector specific priced deals data sets, league tables, deal pipelines and people moves.

Established in 2002, Global Legal Group (GLG) is an independent, London-based media company specialising in the legal and strategic business sectors. Through print and digital channels we provide legal, regulatory and policy information to senior executives, general counsel, law firms and government agencies.
Our external authors and information sources are selected only from the leading legal and business authorities, positioning them as the clear choice for readers to engage with in order to meet their legal and business information needs. Firms working with us are part of a multi-channel network that drives awareness of their brands, not just in their own jurisdiction, but around the world.
GLG also hold regular conferences and round table events focusing on major business and legal subjects, with recent events tackling competition litigation, international arbitration, life sciences and blockchain technology.

The Securitisation & Structured Finance Handbook 2022 offers a detailed insight into the securitisation and structured finance sector, looking at changes and developments in light of the Covid-19 pandemic.

Providing an overview of the current international marketplace, the 2022 edition of the Handbook will feature debates and analyses from worldwide experts on the future direction of the markets.

Areas due to be covered include: the ABS market throughout the stages of Covid-19; the role of CLOs as an important aid in Covid recovery; Solar ABS transactions; Aircraft ABS market; CMBS investing; STS securitisations and the EU securitisation framework; ESG policies and green securitisation; Managing the risks in MBS; European ABS markets; REITs; European CLOs; regional and country profiles; and regulatory reviews.

The Handbook is a valuable reference point for anyone wishing to further expand their knowledge on this exciting financial sector.