Asset Finance

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Allens’ structured and asset finance specialists advise on the structuring of new products including receivables finance, principle and a agency, borrowing-base and other forms of receivables finance.

Advising on the most complex and highly structured finance transactions in the market

Supported by the firm's pre-eminent tax practice, we have acted for the world's leading financial institutions and corporations, handling a wide range of unique, sophisticated and high value transactions.

Developing and implementing innovative funding models

We work with government, lenders and corporates alike across multiple asset classes including aviation, rolling stock, yellow goods, shipping and commodities, as well as emerging technologies like satellites and drones. Asset-based loans remain popular in the Australian market and we continue to advise on the largest scale transactions in this space.

Addressing regulatory challenges and providing a broad market view

With significant changes to lease accounting standards coming into effect in 2019, we have been instrumental in developing new product offerings for the leading financiers in this market. Likewise we are working with our major auto-finance clients on large projects to address regulatory changes to flex commissions, insurance products and other strategic issues.

Experience

Acquisition and refinancing of the AWAS Aviation Capital Limited aircraft portfolio

Advised Macquarie AirFinance on its acquisition of the US$4 billion AWAS Aviation Capital Limited aircraft portfolio, comprising 90 commercial passenger aircraft leased to 40 airlines. Refinancing this facility was one of the largest global aircraft portfolio transactions undertaken in 2018.

CIT Aerospace's global aircraft portfolio facility

Advised CIT Aerospace on its US$700 million global aircraft portfolio facility.

Acquisition of the loan portfolio of aviation financing from HSH Nordbank

Advised Macquarie AirFinance Group Limited on the Australian aspects of the acquisition of the €800 million loan portfolio of aviation financing from HSH Nordbank.

American Industrial Partners' acquisition of Moly-Cop

Advised Ally Bank on a A$125 million asset backed facility as part of the financing of American Industrial Partners' acquisition of Moly-Cop.

Bristow Group aircraft financing

Advised Macquarie Rotorcraft Leasing, Inc. on the financing of Bristow Group aircraft.

Queensland Government fixed wing aircraft and FLER

Advised Queensland Government on the acquisition, servicing, maintenance and financing of fixed wing aircraft and FLER for use in search and rescue and air defence.

Drones

Advised a lessor on the establishment of a financing platform and new products to finance commercial use drones in various sectors.

Sumitomo Mitsui Banking Corporation

Advised on receivables programmes and facilities for trade and other receivables and grower loans.

Macquarie

Structured and documented a receivables ‘loyalty’ platform.

Sumitomo Mitsui Banking Corporation

Advised on the establishment of various debtor/receivables finance transactions.

Westpac Banking Corporation

Advised on a A$200 million residual value securitisation for Silver Chef, which funded the specific residual value risk on the equipment for finance and operating leases.