GE Capital A$6 billion warehouse securitisation


A$ 6 billion




  • GE Capital has undertaken a A$6 billion warehouse securitisation of its consumer assets.
  • The deal was called Project Clarendon.
  • This was the largest securitisation in Australia in 2015 and involved the warehouse securitisations of GE assets (including personal loans, auto loans, mortgages, credit cards and interest-free finance) acquired by a consortium comprising KKR, Värde Partners and Deutsche Bank.  
  • Senior warehouse financiers were comprised of CBA, NAB, Westpac, Citibank, Bank of America, Credit Agricole, Sumitomo Mitsui Banking Corporation and Royal Bank of Canada and the mezzanine warehouse financiers were comprised of Bank of America, Sankaty Advisors, Credit Suisse, IFM, AustralianSuper, United Super and Victorian Funds Management Corporation.

Katrin Kostadinova - Data analyst 

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work

Sign in