Global law firm White & Case LLP has represented Investec Bank plc and Lloyds Bank as joint lead arrangers and joint lead managers on the issuance by Temese Funding 1 plc of £270.25 million notes rated by S&P and Fitch and listed on the regulated market of the Irish Stock Exchange.
The transaction was the first securitisation of UK equipment lease receivables originated by Investec Asset Finance plc, a wholly owned subsidiary of Investec Bank plc, and granted to small and medium-size companies, corporates and public bodies.
"This was an important transaction for our clients and we were delighted to assist them on a market leading matter," said White & Case partner David Barwise.
The White & Case team was led by partner David Barwise and supported by partners Kevin Ng and Gavin McLean, counsel Jeremy Reynolds and associates Tim Wood, Glenn Weston, James Tanner and Ranjit Golar, all based in London.
The transaction closed on 13 November 2013.
For more information please speak to your local media contact.