Norton Rose Fulbright ‘has a decent amount of experience and expertise in the area of securitisation and is diligent in its work in order to achieve deadlines and timelines’. The firm continues grow its capacity to handle RMBS, CMBS, covered bonds, trade receivables deals and much more on behalf of issuers, cash managers and trustees. Head of debt capital markets Peter Young and ‘approachable, trustworthy’ securitisation partner David Shearer oversee the practice, of which counsel Rae Parsons is a prominent member. The hire of Christian Lambie, formerly of A&O Shearman and Morgan Stanley, is a boon to the practice as he brings 25 years’ experience in in advising advising sponsors, arrangers, investors, rating agencies and service providers on high-value transactions. Shearer recently acted as drafting counsel in a warehouse facility for New Wave Capital Limited. which involved the private issue of senior ranking notes to a US investment bank and of mezzanine notes to private investors based in the UK. Shearer and Parsons advised Eurobank on its €5bn covered bond programme, which provides external funding for its underlying Greek mortgage loan book.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team has a decent amount of experience and expertise in the area of securitisation and is diligent in its work in order to achieve deadlines and timelines.’

  • ‘David Shearer has a vast amount of experience and is an approachable and trustworthy individual to work with on complex matters.’

Key clients

  • New Wave Capital Limited
  • Eurobank S.A.
  • Barclays Capital
  • Royal Bank of Canada
  • The Bank of Nova Scotia
  • Piraeus Bank
  • NatWest
  • 777 Partners
  • Equitable Bank

Work highlights

  • Advised NWC in connection with amendments to the transaction documentation of an existing warehouse facility.
  • Acted for Eurobank as issuer in connection with Eurobank’s €5BN Covered Bond Programme.
  • Acted for Barclays as arranger and lead manager in connection with Piraeus Bank’s €5BN Covered Bond Programme.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Peter Young, David Shearer

Other key lawyers

Rae Parsons, Christian Lambie