Luke advises arrangers, sponsors, issuers and investors on securitisations including CLOs, all types of consumer asset-backed securities, residential mortgage-backed securities, trade receivables and esoteric assets classes such as commodities and telco receivables, as well as on regulatory and other aspects of financing matters.
In 2018, Luke completed a 9-month secondment to the CLO structuring desk at Morgan Stanley, working on both CLO warehouse financing and public CLOs.
Representative transactions include advising:
SoftBank Vision Fund on its $800m investment in Greensill, a company specialising in supply chain finance. The transaction was the fund's largest fintech investment in the EMEA region and valued the company at approximately $3.5 billion.
Arrangers and managers on >20 EUR CLO 2.0s. Recent transactions include advising:
- Morgan Stanley as arranger on the reset of Harvest CLO XV for Investcorp
- Morgan Stanley as arranger on the reissue of Man GLG Euro CLO I for GLG Partners
- Morgan Stanley as arranger on the reset of Dryden 39 Euro CLO 2015 for PGIM
- Bank of America Merrill Lynch as arranger on Harvest CLO XIX for Investcorp
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.
Barclays on the securitisation aspects of Shop Direct Funding plc's debut Senior Secured Notes offering.
Shop Direct on their UK consumer receivables securitisation programme.*
The sponsor of a trade finance securitisation.*
*Matters worked on prior to joining White & Case
Winner STANDOUT deal in 'accessing new markets and capital' – FT Innovative Lawyers Awards Europe 2018
Winner Commodity Trading Company Deal of the Year - TXF Awards 2018
Winner Best Deal - Trade Finance Awards 2018
Winner Best Deal - Global Trade Review Awards 2018
Winner Structured finance and securitisation deal of the year 2018 - IFLR Asia
Finance Team of the Year, Legal Business, 2017*
Shortlisted for Structured Finance Team of the Year, IFLR, 2017*
*Prior to joining White & Case