IFLR1000

UK Government £3.7 billion securitisation of student loans

18/12/2018
Securitisation
Select tab

£ 3.7 billion

$ 4.865 billion

Completed

18/12/2018

Overview:

  • The UK Government has sold its second portfolio of student loans via securitisation.
  • The portfolio consists of pre-2012 income contingent loans with the notes issued by Income Contingent Student Loans 2 (2007-2009).

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

Securitisation

Practice area:

Capital markets : Structured finance and securitisation

Governing law:

England and Wales

Industry sectors:

Financial services
Government and public policy

Firm:
Simmons & Simmons

Party: Citigroup (Arranger, Joint lead manager)

Party: Bank of America Merrill Lynch (Joint lead manager)

Party: Barclays (Joint lead manager)

Party: JPMorgan Chase (Joint lead manager)

Lawyer: Amer Siddiqui

Related deals