16 04 2016

Lendmark Financial Services completed its ABS bond offering

Weil has advised Lendmark Financial Services, a wholly-owned subsidiary of The Blackstone Group, on an ABS bond offering backed by personal consumer loans.


The transaction is Lendmark’s first-ever rated term securitization of personal loans.
Lendmark is a consumer finance company specializing in providing a variety of personal loans, automobile loans and retail merchant sales finance services.
Weil has advised Lendmark on the transaction with a team led by New York partner Frank Nocco (picture), assisted by Structured Finance & Derivatives associates Daniel Lee and Tax partner Larry Gelbfish. Involved fees earner: Frank Nocco - Weil; Daniel Lee - Weil; Larry Gelbfish - Weil;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS 2018 CELEBRATES CORPORATE EXCELLENCES IN HONG KONG

29/03/2018

On March 23rd 2018, the world’s leading corporate stars reunited for a special

LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr

Will Brexit break London's place as FinTech Capital?

17/11/2016

Fintech, it’s described as the disruption in financial services pushed by consume