Grow Finance advised on $300m warehouse securitisation

Ashurst

Global law firm Ashurst advised Grow Finance on its $300 million warehouse securitization for financing equipment and other products.

Solidify: Ashurst (Grow Finance).

OK: Non-bank SME lender Grow Finance has been advised on its $300 million warehouse securitization for financing equipment and other products.

Zoned: Structured financing.

Value: 300 million dollars.

Key players: The Ashurst team was led by partner Jennifer Schlosser, senior partner Emma Malone, partner Yang Shu and graduate Carl Gerstle, who were supported by partners Geoffrey Mann and Ian Kellock, attorney Bronwyn Kirkwood, senior partner James Sainty and graduate Hayley Young.

Importance of the transaction: This facility, the company said in a statement, is “an important source of funding for Grow Finance as it expands its SME lending business and develops a range of new financial products beyond its traditional funding space. assets and businesses”.

Grow Finance advised on the securitization of a $300 million warehouse

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Last update: January 27, 2022

Posted: January 28, 2022

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