Published Works
Online lending platforms and securitisation: bringing the wholesale market to the individual
May 2016
David Palmer
Senior Associate, London
Email david.palmer@hoganlovells.com
Phone +44 20 7296 2000
Fax +44 20 7296 2001
Practice groupFinance
David first encountered capital markets work whilst on a mini-secondment at the start of his training contract and enjoyed it so much he then trained and qualified into the team.He advises on a range of securitisation and structured debt capital markets transactions with an emphasis on automotive securitisation transactions where he has worked with originators, arrangers and investors on a number of private and public transactions involving automotive loan and lease receivables in jurisdictions across Europe. David also advises on public and private residential mortgage backed securitisations and lease receivables securitisations.
David advises on a range of securitisation and structured debt capital market transactions with an emphasis on automotive securitisation transactions where he has worked with originators, arrangers and investors on a number of private and public transactions involving automotive loan and lease receivables in jurisdictions across Europe.One of David's current areas of focus is consumer loan transactions.
He has co-authored a recent article for JIBFL about online lending platforms and securitisation. David’s experience includes secondment to a major automotive originator and a major international bank.
Representative experience
Volkswagen Financial Services on Driver U.K. two, its £1.2bn securitisation of U.K. automotive receivables through Driver U.K. Multi-Compartment S.A.
Volkswagen Financial Services on Driver U.K. three, its £389.9m securitisation of U.K. automotive receivables through Driver U.K. Multi-Compartment S.A.
Volkswagen Financial Services on Driver U.K. Master, its £4bn securitisation programme of U.K. automotive receivables through Driver U.K. Master S.A.
Advised Santander, Bank of America Merrill Lynch, and Citigroup on SCF Rahoituspalvelut 2013 Limited, a €513m Finnish automotive receivables securitization.
Santander Consumer Finance Oy on SCF Rahoituspalvelut I Designated Activity Company, a €389.4m Finnish automotive receivables securitisation.
Advised Bank of America Merrill Lynch and HSBC on £438m UK residential mortgage-backed securitization issued by Tenterden Funding plc, originated by AIB Group (UK) p.l.c.
Merrill Lynch International, as arranger, on a £476m U.K. residential mortgage backed securitisation structured as Eurosystem collateral.
The lender on a U.S.$ 260m private securitisation of Swiss automotive receivables.
