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Grow Finance advised on $300m warehouse securitisation

Global law firm Ashurst has advised Grow Finance on its $300 million warehouse securitisation for equipment finance and other products.

January 28, 2022 • By Jerome Doraisamy
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Firm: Ashurst (Grow Finance).

 
 

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Deal: Non-bank lender for SME businesses, Grow Finance, has been advised on its $300 million warehouse securitisation for equipment finance and other products.

Area: Structured finance.

Value: $300 million.

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

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

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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