Chris McGarry | White & Case LLP International Law Firm, Global Law Practice

Chris McGarry

Partner, London

T +44 20 7532 1491

E [email protected]

Overview

Chris McGarry advises arrangers, sponsors, issuers and investors on securitisations including collateralised loan obligations, all types of consumer asset-backed securities, residential mortgage-backed securities, trade receivables and esoteric assets classes such as commodities, telco receivables, tax receivables and whole-business securitisations. His practice covers both developed markets and emerging markets.

Bars and Courts

  • Solicitor, England and Wales

Education

  • LLB, University of Edinburgh
  • BPP Law School

Languages

  • English

Experience

Representative transactions include advising:

Arrangers and managers on >40 EUR CLO 2.0s. Recent transactions include advising:

• J.P. Morgan as arranger of Bluemountain Fuji EUR CLO II.

• BNP Paribas as arranger of BNPP AM EURO CLO 2017.

• Morgan Stanley as arranger on the reset of Dryden 39 Euro CLO 2015.

• Bank of America Merrill Lynch as arranger of Regatta VIII, in particular structuring advice to achieve risk retention dual compliance.

Trafigura on the establishment of the world's first "true sale" commodities securitisation programme financing crude oil and refined metals inventories in jurisdictions across Europe, the Middle East and Asia-Pacific.

The Government of Ghana on the establishment of the E.S.L.A energy levy securitisation programme.

Barclays on the securitisation aspects of Shop Direct Funding plc's debut Senior Secured Notes offering.

Clifden IOM on UK mortgage transactions.

Virgin Media on the establishment of the first UK handset loan securitisation.*

Virgin Media on the establishment of the world's first Receivables Financing Notes programme.*

Shop Direct on their UK consumer receivables securitisation programme.*

Bank of America Merrill Lynch and Morgan Stanley as arrangers on Lloyds Bank's credit card securitisation programme.*

Bank of America Merrill Lynch and Deutsche Bank as the arrangers of the first Irish credit card securitisation for AIB.*

Europcar on their pan-European rental fleet securitisation.*

Kensington on their RMBS programmes.*

Jerrold Holdings / Together on the establishment of their RMBS programme.*

*Matters worked on prior to joining White & Case

Awards & Recognition

Finance Team of the Year 2017

Legal Business (March 2017)*

High Yield Deal of the Year 2017

IFLR (April 2017)*

Shortlisted for Structured finance and securitisation deal of the year 2017

IFLR (April 2017)*

Shortlisted for Structured finance and securitisation team of the year 2017

IFLR (April 2017)*

*While at a previous firm