Richard Hanson

Rick advises investment funds, asset managers and financial institutions on structured finance, securitisation and fund finance solutions in respect of a wide range of alternative and illiquid asset classes.

• 交易经验

  Structured finance and fund finance solutions for funds and alternative asset managers

  • A pan-European asset-backed special opportunities fund manager on a series of fund finance transactions
  • Uro Property Holdings SOCIMI, S.A. in connection with a publicly listed €1.345 billion tenant credit-linked secured loan securitisation of its rental cash flows related to leases of Spanish bank branches leased to Santander (the first of its kind in Spain)
  • A publicly traded real estate investment trust in connection with an up to AUD350 million GMRA repo financing collateralised by repackaged Eurobonds backed by an interest in a loan advanced to finance two data centres in Australia
  • One of the world’s largest asset managers on a number of margin loans and NAV-based loans provided by EU financial institutions backed by baskets of listed equities and listed REITs
  • A publicly traded real estate investment trust in connection with a €400 million ‘loan-on-loan’ warehouse facility with Société Générale
  • A U.S. hedge fund in connection with a ‘loan-on-loan’ warehouse facility in the form of a €150 million commercial real estate CLO in respect of its European loan portfolio
  • One of the world’s largest asset managers on the establishment of a revolving warehouse facility to a buy-to-let mortgage lender structured as a private securitisation to fund the origination of new mortgage loans

  NPLs

  • A publicly traded real estate investment trust in connection with a €1 billion GMRA repo financing collateralised by a repackaged Eurobond backed by an interest in a loan advanced to acquire a portfolio of Spanish NPLs
  • A U.S. PE fund in connection with a series of Spanish NPL acquisitions financed and refinanced by a series of private securitisations including tap issuances totalling approximately €250 million
  • A U.S. PE fund in connection with a series of bids and the subsequent acquisitions of portfolios of NPLs in the U.K. and Ireland 

  Other Assets and Structured Products (including derivatives)

  • A major European financial institution as financing provider to a Guernsey protected cell company to enable its cell to purchase a credit linked note issued by a bank as part of an innovative significant risk transfer transaction involving a credit insurance policy issued by a major European insurer
  • A cross-border supply chain finance platform on the establishment of a reverse factoring programme
  • An international e-commerce provider on the establishment of a merchant cash advance platform to provide liquidity to SMEs impacted by the COVID-19 crisis
  • A major nationalised U.K. financial institution on a series of derivatives transactions in the form of stand-by and back-to-back securitisation swap agreements
  • International television and telecommunications companies on revolving handset loan ABCP conduit securitisations in the U.K. and France
  • A specialised Luxembourg investment fund on a structured trade finance securitisation programme involving a loan participation note backed by agricultural trade receivables
  • A U.S. hedge fund on a loan participation note backed by a mezzanine loan secured over a European hotel portfolio
  • Major European financial institutions as conduit purchasers in the restructuring of an ABCP conduit securitisation of residential and commercial loans for a U.K. commercial mortgage lender
  • A U.K. ports business on the swap restructuring aspects of its multi-source whole business securitisation debt refinancing, involving a major ISDA amendment and novation process
  • A major financial institution as index-linked swap provider to a care home group in a major restructuring including a sale and lease-back of properties in England, Scotland and Jersey, which involved the migration and amendment of the existing long-dated index-linked swaps into a new bespoke intercreditor arrangement facing a shareholder-lender
  • Major financial institutions as bond arrangers in connection with structured bond financings for the acquisition of regulated utilities in the gas, electricity and train leasing sectors
  • U.K. utilities companies on their multi-source debt financing and whole business securitisation structures and the loan, bond and derivatives-related financings related thereto

   Please note: Rick's experience includes that prior to joining Orrick.